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Sustainable Development Goals

13 Dec 2018

04 Dec 2018

BBVA joined ING, BNP Paribas, Société Générale and Standard Chartered in a joint commitment to adapt their lending portfolio to the Paris Agreement on Climate Change.  In an open letter to the global leaders and heads of state currently meeting at the 24th session of Conference of Parties to the United Nations Framework Convention on Climate Change (COP24) in Katowice (Poland), these banks committed to finance and design financial services that are needed to support clients as they transition to a low carbon economy.

03 Dec 2018

30 Nov 2018

The UN Climate Change Conference, held at the UN’s annual Conference of the Parties (COP), are international meetings that aim to negotiate and and agree the activities that need to be addressed by global climate policy. On the heels of the announcement in Paris of its participation in the UN’s Principles for Responsible Banking, BBVA also joins this global initiative for a sustainable future.

27 Nov 2018

26 Nov 2018

25 Nov 2018

15 Oct 2018

For Sandra Mendoza, the Colombian entrepreneur served by the BBVA Microfinance Foundation, there is no question: “Sexism is the biggest barrier to overcome in rural areas.” This is also how she describes what it’s like to be a woman living in the countryside. At an event held in honor of the International Day of Rural Women, both she and Manuela Gómez, a Spanish entrepreneur from the Federation of Rural Women Associations (FADEMUR), spoke of a reality they know firsthand, despite the 5,000 miles that separate them.

11 Oct 2018

A two degree limit on the rise of the earth’s temperature will not be enough to prevent the catastrophic effects of climate change. Extraordinary measures are therefore required to contain global warming, capping the increase to a maximum of 1.5 degrees before 2050. This is one of the main conclusions delivered by Peter Newman, professor of sustainability at Curtin University in Perth (Australia) during the opening session “Facing Climate Change” sponsored by BBVA and the Fundació Catalunya Europa.

05 Oct 2018

04 Oct 2018

Leading financial education experts and researchers gathered together in Buenos Aires to attend the second edition of the BBVA EduFin Summit. Over the course of two days, guests discussed the importance of financial literacy as a lever to promote the achievement of the UN Sustainable Development Goals. The 200 participants shared success stories and examples to illustrate progress and to underline the challenges that the sector is facing.

03 Oct 2018

28 Sep 2018

The best way to close a distance is to eliminate it. This is what is required if distance is what prevents one in every four financially excluded people from opening a bank account. The World Bank indicates that technology may play a key role in making financial inclusion a viable reality for everyone, which is why digital transformation is part of BBVA Microfinance Foundation’s DNA. The Foundation aims to reach more people, regardless of how far away they live, and to provide assistance as efficiently and quickly as possible.

29 Aug 2018

Almost a year after BBVA adopted the Rooney Rule for coverage of key roles, the results are being to show. According to figures from July 2018, 11 months after the adoption of the measure, almost 40 percent those named to key roles at the bank have been women. The rule was recently extended to recruitment processes for executives, as well. This and other measures demonstrate BBVA’s commitment to fostering diversity and inclusion within the organization.

10 Aug 2018

16 Jul 2018

12 Jul 2018

BBVA CEO Carlos Torres Vila got a first-hand glimpse into the level of progress that the BBVA Microfinance Foundation’s digital strategy is enabling. Bancamía, the Foundation’s lending arm in the country, is managing to reach more and more customers who, until recently, had struggled to access financing as a result of the digital divide. BBVA’s CEO learned about two of the entrepreneurs backed by the institution and how microcredits have afforded them new opportunities to pursue a brighter future.

28 Jun 2018

BBVA’s Group Executive Chairman was in Barcelona to participate in the forum, ‘Education in the Digital Age’, organized by OpenMind and the Spanish daily newspaper La Vanguardia. During his participation, Francisco González stressed the importance of education and underscored the need for new policies and standards to foster the fulfillment of the significant opportunities of the digital age.

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.

20 Jun 2018

30 May 2018

Reducing the impact of its business on the environment is one of the strategic goals of BBVA in the fight against climate change and in driving sustainable development. To meet this challenge, BBVA has 15 buildings that have received the renowned LEED Gold and Platinum certificates as sustainable and efficient constructions that respect the environment.

22 May 2018

“Sun-dried organic banana, a little bit of butter, sugar, guava jam…” Step by step, Diana Céspedes recited one of the recipes that she and other 16 women know by heart. They’ve already executed the same procedure a million times, but today, it has to be perfect because it’s not everyday that they welcome a queen.

16 May 2018

09 May 2018

BBVA opened its headquarters in Madrid to welcome investors, business leaders, public and private institutions and the media, to an event aimed at promoting sustainable development and the fight against climate change. During the first edition of the ‘BBVA Sustainable Finance Forum,’ Group Executive Chairman Francisco González explained the reason for the meeting: “Banks need to help customers drive sustainable development and transition towards a low-carbon economy. At BBVA, we want to be the catalysts of this change.” Francisco González opened the event alongside Soraya Sáenz de Santamaría, Vice-President of the Government of Spain.

03 May 2018

BBVA today tapped the markets, issuing the largest ever green bond (€1 billion) by a eurozone financial institution. The 7-year non-preferred senior green bond makes BBVA the first Spanish bank to issue such debt instrument. High demand -three times higher than the bond’s value– allowed it to lower the price to mid-swap plus 80 basis points.

26 Apr 2018

05 Apr 2018

Renovalia is the first company to secure a ‘green project finance’ loan to fund the development of a renewable energy project in Spain. BBVA acted as ‘green loan coordinator’ of this €74 million facility, which will allow the company to fund Project Wind, which envisages the construction of two wind farms, one in Lleida and one in Barcelona, with 70 MW of combined installed capacity.

02 Apr 2018

22 Mar 2018

13 Mar 2018

If the transition to sustainable finance is to be possible, society needs a committed business community that is aware of the environmental challenges, knows how to take advantage of the opportunities provided by green financial solutions and participates actively in the debate.  This was one of the main conclusions to emerge from the recent breakfast meeting “Sustainable Finance: solutions for a green economy”, organized by Grupo Español para el Crecimiento Verde (the Spanish Green Growth Group) and BBVA, which took place in the Bank’s headquarters.

08 Mar 2018

Astrid, Adelaida and Arancha are three very different women. They live thousands of miles apart. In different countries, different continents. Their work is also completely unrelated: livestock breeding in Colombia, a store in Panama and mobile app development in Spain. However, there is one thing that these three women have in common: all of them, at one point in their lives, decided to start their own businesses to support their families or make an idea come true. The three also think that, in their case, being a woman worked more to their advantage than against it. We brought them together so that they could share their story with us.

06 Mar 2018

“New York is overrated. What I’m drawn to is Hong Kong, Thailand and the Moroccan desert”. That’s Jessica Hernández’s take on things. Jessica is 28 and lives in Soacha, a modest town in the outskirts of Bogota. She travelled to New York to tell her story to the UN and there she met another fearless girl in the shape of Kristen Visbal’s sculpture, which since March 8 has been locking horns with the bull on Wall Street.

28 Feb 2018

  • Bond issues: Based on the Green Bond Principles, within the Social Bond Principles and the Sustainable Bond Guidelines of the ICMA, the bank will also publish the framework linked to the Sustainable Development Goals required for the issue of its own sustainable bonds
  • First Spanish bank to commit to the Science Based Targets Initiative to certify that emission goals are consistent with the decarbonization level required to meet the 2ºC goal set for 2050
  • Renewable power pledge: BBVA has pledged to deliver 70 percent of its energy consumption with renewable sources by 2025, and to cut its CO2 emissions by 68 percent
  • Fossil fuels: In line with its commitment to transparency, the bank reveals its total exposure to fossil fuels as 3.4 percent of its total assets

21 Feb 2018

Sixty per cent of Spaniards look for health-related information online, but only one third of themtrust their search results. This figure is in stark contrast with the level of trust that is placed on thepersonal advice provided by health professionals, about 92%. To address this demand for reliableonline information, Hospital Clínic of Barcelona and the BBVA Foundation have created PortalCLÍNIC.

16 Feb 2018

15 Feb 2018

Garanti Bank is recognized internationally with its practices in gender equality and once again included in the Bloomberg Gender Equality Index. Through its numerous practices and initiatives for ensuring gender equality within its human resources as well as its activities directed to customers and the community, Garanti is the only company to be included in the index from Turkey.

30 Jan 2018

U.S. researcher James P. Allison has won the BBVA Foundation’s Frontiers of Knowledge award for developing the first highly effective immunotherapy treatment against cancer. Allison´s work has enabled the development of a new class of drugs that employ the immune system to fight cancer, and which have already provided clinical benefits to thousands of patients.

24 Jan 2018

BBVA has been selected to join the Bloomberg Gender Equality Index 2018, which recognizes companies’ achievements in gender equality policies, both regarding their employees and in support of social initiatives, along with their offering of products and services that prioritize this commitment. Garanti Bank, part of the BBVA Group, has also been included in the index.

23 Jan 2018

28 Dec 2017

14 Dec 2017

04 Dec 2017

29 Nov 2017

27 Nov 2017

It´s already been proven that music is a balm for the soul, but research increasingly shows that it´s also a powerful medicine for the mind. When sounds reach the ear, a series of stimulants begin to travel over the neuronal connections and the brain releases dopamine, the same chemical substance that produces pleasure from food, drugs or sex. However, music does much more than this.

13 Nov 2017