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Sustainability

Sustainability

BBVA is to donate €4 million to the Spanish Red Cross to help those affected by the DANA in Spain. This donation will be aimed, initially, at covering the most immediate needs and subsequently at contributing to the recovery of the thousands of people who have been affected. This initiative is in addition to a series of emergency measures implemented by BBVA last week, including a donation campaign among customers and employees via Bizum, which has raised over €3 million to date.

The Garanti BBVA-sponsored fire prevention partnership dubbed ‘Türkiye's Life: Fire Management Grant Program’ and headed by WWF Türkiye has successfully completed three new projects. One initiative, managed by Natura, focused on protecting caracal populations; another developed an eco-kit to leverage local knowledge and practices for preventing and fighting forest fires in the Köyceğiz-Gökova area; while the third project implemented fire-resilient production models.

BBVA Chair Carlos Torres Vila, together with more than 110 Chairs and CEOs of large global companies, has joined a new declaration encouraging global leaders and the participants of the United Nations Climate Change Conference in Baku (COP29) to “double down on climate action.”  This letter from the Alliance of CEO Climate Leaders, promoted by the World Economic Forum (WEF), calls on governments and companies to join forces and address challenges because “every fraction of a degree counts” in the race to net zero emissions by 2050.