Garanti BBVA has been honored as Türkiye’s "Best Private Bank for Sustainable Finance" at the Global Sustainable Finance Awards, organized by The Digital Banker magazine, a globally trusted news, business intelligence, research and awards body, servicing the worldwide financial services sector.
Sustainability
Sustainability
In the month of June, the financial institution held nearly 50 volunteer activities worldwide in which more than 6,300 bank employees participated. With these activities, BBVA is promoting support for society and the environment through volunteering.
BBVA is reinforcing its commitment to the agricultural sector, working with four out of every ten agricultural co-ops in spain. This support is particularly significant in the food and agriculture sector - one of the most dynamic in the Spanish economy, and a real opportunity to launch new business ventures. In addition, it is a fundamental sector to tackle the demographic challenge, the fight against depopulation and the preservation of local biodiversity.
BBVA channelled €26 billion in sustainable business in the second quarter of 2024, a new quarterly record for the Group. Furthermore, the total amount mobilized in the first half of 2024 reached €46 billion, 37 percent more than the same period of 2023.
Storing electricity to use up to eight days later - electricity that comes from renewable sources. This is the milestone being marked by Malta, the U.S. company dedicated to clean technologies. Its Managing Director in Spain, Michael Geyer, sees the Iberian Peninsula as a strategic region to deploy these new technologies, or ‘cleantech’. “The Iberian Peninsula is in a privileged position to host innovative solutions for energy storage based on cleantech,” he explained in an interview with bbva.com.
BBVA has earned a rating of EE (“strong compliance”), making it the highest-rated bank in Spain and tied for second place worldwide with other entities, according to the latest update of the Standard Ethics Rating (SER). This assessment covers the ESG scores of Europe's 40 largest banks by market capitalization.
Clean technologies, also known as 'cleantech', are technologies that contribute to sustainability and care for the environment. This includes emissions reduction, biodiversity protection and water treatment.
The Iberian Peninsula is on the cutting edge of Europe’s cleantech revolution. It is believed that the industry will create some 2.65 million new jobs and mobilize €150 billion in investment across the region by 2030. These impressive figures are revealed in a new report headed up by BBVA and Cleantech for Iberia, a coalition set up to drive the potential of Spain and Portugal as a clean energy hub in the European Union.
Six young students from Colombia and Peru, the children of vulnerable entrepreneurs served by the BBVA Microfinance Foundation, met with the Queen of Spain after winning the college scholarships granted by the foundation and BBVA in Colombia. These scholarships cover tuition and academic costs for the young students until they finish their studies. It is an opportunity for them to have a better future for themselves and their families.
In episode number 20 of BBVAGreenfluencers, we travel to Italy to the central train station of Rome, the largest in Italy.Our colleague Claudia Modesti, Head of Financial Institutions Group Coverage and Public Sector Italy at BBVA, shares a conversation with Vittoria Iezzi, Head of Debt Capital Markets of the Ferrovie dello Stato Italiane Group, to discover how the institution strives to create an ecosystem of sustainable mobility and integrated logistics that can have interconnected and resilient infrastructures.