The Global Head of Sustainability at BBVA, Javier Rodríguez Soler, said that we are seeing a growing interest in carbon markets, which "will play a critical role in the energy transition." In an online panel organized by the Institute of International Finance (IIF) in the framework of the COP27 held in Sharm El-Sheikh, Javier Rodríguez Soler acknowledged that "there is increasing pressure to buy quality carbon credits."
03 Nov 2022
Garanti BBVA has entered a strategic partnership with Erguvan, the country’s first and only digital carbon credit trading platform to accelerate compliance for its export clients and help them meet the target of cutting greenhouse gas emissions by at least 55% by 2030.
07 Jul 2022
A recent report by Deloitte and the European Banking Federation (EBF) explains the role of the Chief Sustainability Officer (CSO) in a company, the qualities they should have and what the purpose and future of their work is.
06 Jul 2022
BBVA and US venture capital firm Fifth Wall, are joining forces to invest in technologies that address climate change in the real estate and construction industries, which make up 40% of the global total carbon dioxide emissions.Through Fifth Wall’s Climate Fund, BBVA will invest in companies seeking decarbonization solutions that address the entire lifecycle of buildings.
04 Jul 2022
BBVA has joined Carbonplace as a founding member. Through this technological solution, BBVA will offer its customers worldwide direct access to voluntary carbon credits to compensate for their emissions. BBVA is the first Spanish bank to partner with this platform which aims to become an integral component of the voluntary carbon market.
10 May 2022
Garanti BBVA recently launched a new tool to allow customers to view their carbon footprint. The new feature on the Garanti BBVA mobile app calculates their carbon emissions based on utility and fuel expenditures, and aims to contribute to a more sustainable world, and the climate crisis.
05 Apr 2022
In line with the objective of BBVA Corporate & Investment Banking objective of supporting its clients in their transformation towards more sustainable business models, BBVA is launching a new carbon markets business line that offers its corporate clients the possibility of trading emission allowances and carbon credits.
31 Jan 2022
BBVA has renewed the processors of its Data Processing Centers (DPC) in Spain and Mexico, with the help of IBM, to achieve significant energy and environmental improvements. In the case of its DPC in Tres Cantos (Madrid), a recent study carried out by BBVA has concluded that the installation of the new IBM z15 central processing equipment is already allowing the use of 50% less energy than with the previous data processors and, in a period of five years, the emission of carbon gases will have been reduced by half, a very significant figure when it comes to moving towards a more sustainable model.
16 Dec 2021
BBVA has managed to get its app to learn to read customers’ bills, distinguish their energy costs and calculate their equivalent in carbon dioxide (CO2) emissions in order to offer personalized advice to save energy. Behind the carbon footprint calculator, which has been operational in Spain and will reach Turkey shortly, is an artificial intelligence system that is still being developed. In 2022, it will add transportation measurements to give an even more accurate picture of each user’s environmental impact.
16 Aug 2021
BBVA endorsed the Taskforce on Scaling Voluntary Carbon Market's (TSVCM) new report which defines a roadmap for implementing a voluntary market that guarantees the quality and integrity of carbon credits. BBVA is the only Spanish bank that is a member of this working group.
22 May 2020
BBVA has added a new feature to its financial aggregator One View. Using data analytics, it allows companies to find out the amount of greenhouse gases they emit into the atmosphere with their daily activities. At a time when SMEs and companies’ main concern is how to face the gradual lifting of lockdown restrictions during the health crisis, finding out their carbon footprint is the first step toward taking action that helps them to reduce their energy costs while having a positive impact on the planet. With this information, they can also explore new, more sustainable lines of business that will facilitate their recovery in a new context.
17 Apr 2020
2020 is a fundamental year to consolidate the fight against climate change. Following COP 25 in Madrid at the end of 2019, and in the middle of the UN strategy to pave the way for the Agenda 2030 Sustainable Development Goals, a global pandemic has simultaneously put the resilience of Earth’s society to the test.
15 Apr 2020
After the simultaneous paralysis of society and numerous economies around the globe resulting from efforts to contain the COVID-19 pandemic, opinions on the relationship between the virus and climate change — how the pandemic is causing a global drop of pollution levels — have been manifold. In the longer term backdrop there is an additional school of thought that is associating global warming with the emergence of new viruses that could represent future threats akin to that of SARS-CoV-2. How is climate change affecting the virulence, emergence, and re-emergence of viral threats?
10 Apr 2020
Climate emergency is one of the greatest challenges facing humanity. Besides transport, the agro-livestock or heavy industry sectors are major contributors to greenhouse gas emissions. Our digital activity, linked to our traceable digital footprint, also contributes to our carbon footprint.
03 Apr 2020
The appropriate design of a product can help reduce its environmental impact and make it last longer. More and more companies are turning to materials that are more durable and easier to recycle. One of the key aspects of product creation is predicting the possible repairs owner may have to make.
27 Feb 2020
Cisco Chairman and CEO Chuck Robbins visited BBVA headquarters on the occasion of the fourth anniversary of their strategic partnership.
25 Feb 2020
UN Sustainable Development Goal (SDG) 12 sets out the need to foster sustainable and environmentally-responsible consumption and production patterns. Within the scope of this goal, one of the key strategies that countries need to embrace is the so-called “three Rs” approach: Reduce, Reuse and Recycle, to ensure that waste generation and management is as sustainable as possible.
20 Feb 2020
The repercussions of climate change and the ensuing environmental commitment made by governments, the business community, and society as a whole have produced an onslaught of various terms that amount to a full glossary bound by sustainability. Carbon footprint is one of these terms.
10 Jun 2019
How is the electricity market changing with the arrival of renewable energy? How will green energy and its marketing evolve? Are companies advancing in the transition to a decarbonized economy at the pace the planet needs? These are some of the questions posed in the event organized by the newspaper El País “Marketing renewable energy” on June 6th.
20 Dec 2018
Putting a machine at the wheel is an old automotive dream. Now self-driving cars are a closer goal, but it all began with small steps starting in the middle of the twentieth century.
02 Nov 2018
05 Oct 2018
Buenos Aires is currently welcoming the annual summit of the B20, or Business 20, as part of the Argentinian presidency of the G20 in 2018. Over 1,500 representatives of the business community have gathered in the Argentine capital to put forward their recommendations to the world’s main leaders.
28 Jun 2018
Scattered across BBVA City, there are over 50,000 sensors measuring everything from temperature and humidity, to brightness and motion. They were installed to ensure the proper running order of the facilities and employee comfort, but the engineers managing the building have found other ways of harnessing their capabilities to their full potential. By developing several algorithms capable of factoring in the readings they provide and additional data from external sources, they were able to achieve energy savings equivalent to the annual consumption of 200 households.
14 Jul 2016
In just a few years, Chile has left behind a power generation landscape dominated by conventional generation sources to become one of world’s top-investors in non-conventional renewable energy projects (NCRE) and one of the regional leaders in solar power technology. The boom is driven by factors such as an extensive coastline, a desert under recurrently clear blue skies and regulations that encourage operators
20 Apr 2016
Energy plays a crucial role in a country’s social and economic development. As a country gains wealth, its economy requires more energy. Energy is needed for the industrial sector, fuel for vehicles, temperature regulation of buildings and homes and the increasing demand for power for electronic equipment and appliances.