BBVA is extending its interim emission reduction targets for 2030 to two relevant sectors, aviation and shipping, in order to move its client portfolio toward net zero emissions by 2050. These two sectors join the oil and gas, power generation, automotive, steel, cement, and coal sectors, whose emission reduction targets were published by BBVA in 2021 and 2022.
Sustainability
Sustainability
Antoni Ballabriga, Global Head of Responsible Business at BBVA, analyzes COP28 in an article published in 'elEconomista.es'.
Garanti BBVA is in the process of installing solar panels on buildings at its Pendik Campus, on the Güneşli Service Building and on top of the bank’s ATMs. The solar energy project is part of Garanti BBVA’s commitment to fight the climate crisis and support renewable energy.
For the third consecutive year, BBVA in Peru is the only Peruvian bank listed onn the 2023 Dow Jones Sustainability Index, according to the results of the annual performance assessment of companies with the best sustainability scores.
The Bank received three awards at the Bonds, Loans & ESG Capital Markets CEE, CIS & Türkiye Awards 2023, one of the most prestigious events to be held in the Turkish capital markets and finance industry.
For the fourth consecutive year, the Dow Jones Sustainability Index (DJSI)¹ awarded BBVA the best score in the European banking category. The DJSI, which released its new annual breakdown on December 8, 2023, is the world's leading sustainability index. A total of 27 banks from around the world won a place in this year’s ranking.
BBVA’s Turkish unit has just renewed its $415 million syndicated loan based on environmental, sustainability and governance (ESG) criteria.
For the second year in a row, in its announcement of the winners of its World 's Best Private Banks Awards 2024, US magazine Global Finance has named BBVA as the best private bank in the world for sustainable investment.
Producing hydrogen from renewable energy is a key challenge on the path to decarbonization and asset managers such as Hy24 are confident that this technology will reach maturity within the decade. BBVA has invested ten million in one of Hy24’s funds, which uses its capital to finance large-scale clean hydrogen infrastructure projects. Notably, it is the world’s largest clean hydrogen fund.
LGBT+ diversity is already the third-highest priority in corporate projects, behind only gender equality and inclusion of people with disabilities. Half of major Spanish companies have LGBT+ diversity programs. This figure drops to 34% in the case of IBEX 35-listed companies. These are some of the findings of the first major survey that looks at business management of LGBT+ diversity in Spain, promoted by BBVA, REDI and UN Global Compact Spain.