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Sustainable Development Goals

05 Nov 2019

“What would we do without data?” journalist Susana Roza asked at the opening session of Oracle Day, an annual event that took place in Madrid this year. More than 1,200 participants came together to talk about the future of technology. A question, if turned on its head, has an easy answer: “What can we do with data?” The possibilities are endless, as the more than 30 participating organizations — of which BBVA Microfinance Foundation (BBVAMF) was one — were able to confirm.

29 Oct 2019

Investor appetite for sustainable products has been growing exponentially in recent years.  BBVA’s Global Head of Responsible Business, Antoni Ballabriga, revealed that “This year $350 million in sustainable bonds and corporate loans will be issued around the world, 30 percent more than last year, according to data from the Institute of International Finance (IIF).” During the ‘Sustainable finance in the face of environmental challenges’ forum, organized by Spain’s National Association of Economists (Consejo General de Economistas), Ballabriga stressed that “there is still a lot to be done” and “one of the current challenges is to incorporate this trend into the SME and consumer markets.”

More than 2,600 BBVA USA employees participated in the bank’s annual Week of Service during the week of Oct. 7. Employees across the bank’s footprint participated in 227 events, including Habitat for Humanity projects, food bank initiatives, community clean up efforts, and financial education workshops for individuals and small businesses. Their efforts generated more than 8,000 volunteer hours across the bank’s footprint.

22 Oct 2019

16 Oct 2019

25 Sep 2019

23 Sep 2019

19 Sep 2019

Even though sustainable finance has been a fundamental issue in the social agenda for many years now, thanks to the 2015 Paris agreement on climate change, the world became aware of the environmental risks and economic impact resulting from the effects of climate change. However, it is not just society that is increasingly more aware. The financial industry is also contemplating climate change and the Sustainable Development Goals (SDGs) as relevant factors to determine their investment strategy.

28 Aug 2019

Although the concept of sustainable development was first used officially in the Bruntland Report, published in 1987, it wasn’t until the UN General Assembly held in 2015 when countries across the globe signed the UN 2030 Agenda For Sustainable Development. A pivotal part of this agenda are the 17 Sustainable Development Goals (SDGs), a set of goals and specific sets of tasks defined by the UN to end poverty, protect the planet and ensure that all people enjoy peace and prosperity.

16 Aug 2019

Sustainability is a concept that we are hearing more and more frequently because it poses a growing concern for society as a whole – for both individuals and companies. Sustainability refers to satisfying current needs without compromising future generations’ ability to meet their needs, while striking a balance between economic growth, environmental protection, and social well-being. This is a guide to explain the most common acronyms we come across when talking about sustainable finance.

13 Aug 2019

Three years ago, world leaders approved Agenda 2030, a global plan of action for sustainable development. This initiative aims to end poverty, reduce inequality, and combat climate change. Agenda 2030 has defined 17 high level sustainable development goals (SDGs) with 169 integrated and indivisible targets that address the economic, social, and environmental dimensions of sustainability. To fulfill the SDGs,  governments, the private sector, and society as a whole must unify efforts. Thus, the final SDG – number 17 – aims to revitalize the global partnership for sustainable development. BBVA contributes to all the SDGs. But this one, more than the others, entails a direct commitment to the communities the bank serves and the industries where it does business.

08 Aug 2019

05 Aug 2019

According to the United Nations, “It is important that governments, civil society and communities work together to implement lasting solutions to reduce violence, deliver justice and ensure inclusive participation at all times.” This is the aim of Sustainable Development Goal 16: “To promote just, peaceful and inclusive societies”. BBVA contributes to this goal through its responsible banking model and commitment to human rights, to name a few.

29 Jul 2019

Each year 13 million hectares (over 50,000 square miles) of forests are lost, and 22 percent of known species are in danger of extinction. As part of its commitment to preserve the environment and within the context of its Pledge 2025, BBVA endorses Sustainable Development Goal 15, which aims to promote the sustainable use of terrestrial ecosystems, combat desertification, reverse land degradation, and halt the loss of biodiversity. This commitment is aligned with  principles 7, 8, and 9 of the UN’s Global Compact.

26 Jul 2019

Following a six-month public consultative process, the United Nations Environment Programme Finance Initiative (UNEP FI) has this week released the final official versions of the UNEP FI Principles for Responsible Banking and their supporting framework documents. Endorsed by more than 100 financial institutions ahead of their 22 September global launch. BBVA is one of the 30 Founding Banks for this initiative.

23 Jul 2019

22 Jul 2019

15 Jul 2019

The United Nations warns about one of the most significant global issues facing humanity, as reflected in Sustainable Development Goal (SDG) 13: climate change and its impacts. “Without action, the world’s average surface temperature is likely to surpass 3ºC this century. The poorest and most vulnerable people are being affected the most.” BBVA’s approach to business is accompanied by a firm commitment to mitigating the effects caused by climate change and integrating them into its risk management model.

10 Jul 2019

In this interview, José María Roldán, Chairman of the Spanish Banking Association (AEB), emphasizes the need to make sure that “no one is left out of the digitization process and the opportunities it creates”. Just a few hours before the opening of the third edition of the EduFin Summit – which will be held at Ciudad BBVA, the bank’s corporate headquarters in Madrid, on July 11 and 12 – the AEB Chairman weighs in on the financial sector’s approach to user confidentiality matters: “It is something that is ingrained in our DNA. And this is something that is not that clear in the case of many tech operators, whose main source of income is selling data,” he says.

08 Jul 2019

United Nations Sustainable Development Goal (SDG) 12 entails using resources and energy efficiently, building infrastructure that doesn’t damage the environment, improving access to basic services and creating green jobs with fair pay and good labor conditions. BBVA helps to attain this SDG with sustainable action and initiatives designed to develop the economy and improve the quality of life life for everyone.

01 Jul 2019

According to the United Nations, today, more than half of the world’s population lives in cities, a situation that will continue to escalate in the future. This has led to an increase in environmental pollution, inequality and poverty in these cities, a situation that testifies to the need to focus on advancing in UN Sustainable Development Goal (SDG) no. 11: To make cities and human settlements inclusive, safe, resilient and sustainable. In this task, BBVA also has a lot to say and to do.

24 Jun 2019

As part of its commitment to the societies where it has a presence and its purpose to bring the age of opportunity to everyone, BBVA contributes to the United Nations (UN) Sustainable Development Goal (SDG) 10: reduce inequality within and among countries. The 17 SDGs are a call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity – an initiative that the UN has also geared toward the corporate world through public-private partnerships.

20 Jun 2019

“The Sustainable Development Goals and climate change entail a transformation on the same scale as digitization, but, in this case, the stakes are much higher” This is how BBVA Global Head of Responsible Business Antoni Ballabriga described “this present moment and the opportunity and sense of urgency that we are dealing with today as societies” in the face of climate change.

17 Jun 2019

Climate change is forcing countries and the private sector to gaze into the future from a different point of view, one in which technology opens new paths to contribute to the development of societies. This is the scenario based on which the UN has defined its Sustainable Development Goal (SDG) No. 9:  Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation. BBVA has committed to – and is already – contributing to the achievement of this goal.

12 Jun 2019

This Wednesday, BBVA successfully completed its second green bond issue in the wholesale debt market – the first one was in May 2018 – for the same amount, €1 billion, and with the same instrument and maturity. The transaction drew a very positive reaction from investors, with book orders exceeding €2.7 billion, a figure similar to the one reached last year. Excess demand made it possible to lower the price to mid-swap plus 103 basis points, from the initial range set at 120-125 basis points. This price entails a new zero new issue premium, just as in its first green bond issue.

10 Jun 2019

Roughly half the world’s population still lives on only the equivalent of two U.S. dollars per day, whereas worldwide unemployment stands at 5.7 percent.  This might seem like a low percentage, but in many parts of the world, merely having a job does not translate into being able to escape poverty. The eradication of poverty depends on all parts of society having access to stable employment and decent wages. This is the objective of United Nations Sustainable Development Goal 8: “Promote inclusive and sustainable economic growth, employment, and decent work for all,”  a goal BBVA works toward each day, not only internally in its relationship with its employees, but also with a business model that more broadly contributes to its fulfillment.

05 Jun 2019

This week marks yet another milestone for BBVA in the European green financing arena. ESB, the leading Irish Utility, has chosen BBVA to act as green structuring bank and joint bookrunner in their inaugural EUR 500 million green bond. This is the first ever green bond issued by an Irish corporate and the net proceeds from the transaction will be destined to finance eligible green projects, mainly under the following categories: renewable energy, energy efficiency, clean transportation and green buildings.

03 Jun 2019

A commitment to sustainable development is the best guarantee for a better future. All measures aimed at improving energy efficiency and increasing the use of renewable energy are welcome in this undertaking. This is precisely the objective of the United Nations seventh Sustainable Development Goal (SDG): to ensure access to affordable, reliable, sustainable and modern energy for all, an objective that BBVA is also actively supporting.

29 May 2019

At the International Integrated Reporting Council (IIRC) 2019 Global Conference, Garanti BBVA presented their 2018 annual consolidated report, which emphasized how important empathy is to the bank’s corporate culture and how this influences their approach to customers,clients and employees. Sinem Ozonur, BBVA Head of Consolidated Reporting at Garanti BBVA, was the first representative from a Turkish company to take the stage and address some of the more note-worthy topics.

27 May 2019

It is a known fact that water is the source of life, and survival depends on its constant cycle. The United Nation’s sixth Sustainable Development Goal (SDG) recognizes the fundamental right to water and sanitation, establishing that every human has the right to between 50 and 100 liters (13 to 26 gallons) of safe and affordable water per day at a distance of less than 1,000 meters (just over half a mile) – or a half hour – from their home. BBVA is also contributing to the fulfillment of this SDG with its ‘Pledge 2025’ specifically with activity aimed at saving water and raising awareness about the responsible use of this life-giving resource.

24 May 2019

What if the whole world came together to eliminate poverty and hunger; ensure good health, quality education and clean water for all people and reduce inequalities? What if every country committed to work toward affordable, clean energy and responsible consumption and production? It may sound too good to be true, but through the United Nations 2030 Agenda for Sustainable Development, that’s actually happening now.

In commemoration of Earth Day, the New York Stock Exchange (NYSE) publicly acknowledged those companies listed on the exchange that have integrated sustainable practices into their business models, promoting sustainability with their actions, in their business dealings, and with their stakeholders. BBVA was one of the companies the American stock exchange singled out for their significant Earth-friendly efforts, like BBVA’s ‘Pledge 2025’.

20 May 2019

As part of its commitment to the communities within its footprint, BBVA contributes to the achievement of the UN Sustainable Development Goal no. nº5: achieve gender equality and empower all women and girls. The 17 SDGs set out by the UN are a call for action by all countries and companies to adopt specific measures to end poverty and inequality through environmental protection and the pursuit of economic development under conditions of prosperity and social justice.

13 May 2019

More than 265 million children are not enrolled in school;  22 percent are of elementary school age. Despite global advances made across a number of fields efforts addressing education need to be redoubled to ensure that no one is left behind. United Nations Sustainable Development Goal (SDG) 4 is summarized under the heading: “Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.” BBVA is contributing to this SDG with important international social education programs.

09 May 2019

07 May 2019

BBVA signed the so-called New Deal for Europe based on the United Nations Sustainable Development Goals (SDGs) – a letter CSR Europe presented today in Brussels. The letter aims to alert and involve companies, politicians and civil society about the need to join forces for a sustainable future. The heads of 100 large corporations subscribed to this declaration in the lead up to the European elections. BBVA is the only Spanish bank to join this initiative.

30 Apr 2019

29 Apr 2019

As part of its commitment to the communities it serves, BBVA is contributing to the fulfillment of the UN’s second Sustainable Development Goal (SDG): to end hunger and promote sustainable agriculture. The 17 SDGs are a universal cry, calling for the adoption of measures to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity. With this initiative, the UN appeals to businesses to take a stake in public-private alliances and join forces by uniting their efforts behind this initiative.

26 Apr 2019

22 Apr 2019

BBVA has a core purpose of bringing the age of opportunity to everyone. The first step toward fulfilling this purpose has to do with the bank’s contribution to attaining the first of the United Nations (UN) Sustainable Development Goals (SDGs): the end of poverty. The 17 SDGs are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. The UN has called on companies to unite their efforts and initiatives in this area, with a focus on public-private partnerships.

16 Apr 2019

15 Apr 2019

12 Apr 2019

04 Apr 2019

Ebru Dildar Edin, Garanti Bank’s Executive Vice President of CIB, was recently re-elected President of Turkey’s Business Council for Sustainable Development (BCSD). The general assembly of the organization voted in favor of Edin continuing in her role as BCSD President – a position she accepted one year ago. BCSD Turkey is a key member of the World Business Council for Sustainable Development network and has spearheaded sustainability initiatives in Turkey’s public and private sectors for the past 15 years.

03 Apr 2019

BBVA secured €11.8 billion in sustainable financing in 2018, the first year of Pledge 2025, the bank’s initiative to combat climate change. This figure includes transactions in green financing (69 percent of the total), sustainable infrastructure and agribusiness (13 percent), and social entrepreneurism and financial inclusion (18 percent).

BBVA secured €11.8 billion in sustainable financing in 2018, the first year of Pledge 2025, the bank’s initiative to combat climate change. This figure includes transactions in green financing (69 percent of the total), sustainable infrastructure and agribusiness (13 percent), and social entrepreneurism and financial inclusion (18 percent).

02 Apr 2019

On March 27 at the CDP Climate Change Conference, CDP, the world’s largest environmental reporting platform announced the 2018 results for Turkey’s Climate Change and Water programs. Garanti Bank sponsored the conference where, as in previous years, it assumed its place among other Turkish CDP leaders receiving their awards.