BBVA, a global leader in corporate responsibility
BBVA was recognized as a global leader for its corporate responsibility and social investment programs in the latest report of Giving in Numbers, published by The CEO Force for Good. The report is based on the largest survey in the field of corporate social responsibility (CSR), gathering data from 252 of the world’s largest companies. The report placed BBVA in the top 25% of the most socially committed companies.
“The results of the Giving in Numbers report show the importance we place on investing in the community at BBVA, and its alignment with our strategy to bring the age of opportunity to everyone. A community investment strategy focused on education, empowerment and knowledge. We are thrilled to see our efforts recognized by The CEO Force for Good,” said Antoni Ballabriga, the Global Head of Responsible Business at BBVA.
With a contribution of €103 million in 2017, BBVA was among the top quarter of surveyed companies. This includes businesses that donated at least €55.3 million in 2017, or a minimum of 1.82% of their profit before taxes. The average for companies included in the 2017 survey was €19.2 million.
"Top-quartile companies have committed to integrating societal engagement throughout all parts of the business".
For 13 years now, Giving in Numbers has been the leading global study on the funds, resources, and skills companies dedicate to solve pressing societal challenges. “Giving in Numbers highlights what distinguishes an exemplary company. Beyond just impressive giving, top-quartile companies have committed to integrating societal engagement throughout all parts of the business,” explained Daryl Brewster, CEO of CECP The CEO Force for Good.
Key findings from this year’s study include the increase in total giving, especially to disaster relief; the deeper impact of grants; greater interest in measuring the impact of donations, which has created business and social value; an increase in the number of companies with matching-gift programs; and finally, more staff dedicated to donations within the companies.and skills companies dedicate to solve pressing societal challenges. “Giving in Numbers highlights what distinguishes an exemplary company. Beyond just impressive giving, top-quartile companies have committed to integrating societal engagement throughout all parts of the business,” explained Daryl Brewster, CEO of CECP The CEO Force for Good.
CECP The CEO Force For Good is a CEO-led coalition that believes that a company’s social strategy—how it engages with key stakeholders including employees, communities, customers, and investors—determines company success. Founded in 1999 by actor and philanthropist Paul Newman to create a better world through business, CECP has grown to a movement of more than 200 of the world’s largest companies that represent $7 trillion in revenues, $18.6 billion in societal investment, 13 million employees, and $15 trillion in assets under management.