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Sustainability and Responsible Banking

Sustainability and Responsible Banking

A two degree limit on the rise of the earth’s temperature will not be enough to prevent the catastrophic effects of climate change. Extraordinary measures are therefore required to contain global warming, capping the increase to a maximum of 1.5 degrees before 2050. This is one of the main conclusions delivered by Peter Newman, professor of sustainability at Curtin University in Perth (Australia) during the opening session “Facing Climate Change” sponsored by BBVA and the Fundació Catalunya Europa.

More than 1,800 BBVA Compass employees -- plus another 250 friends and family members -- joined their BBVA co-workers across the globe to participate in the bank’s Week of Volunteering September 24-30.  Employees across the footprint participated in 189 individual events, including Habitat for Humanity projects, food bank initiatives, community clean up efforts, and financial education workshops for individuals and small businesses.

Leading financial education experts and researchers gathered together in Buenos Aires to attend the second edition of the BBVA EduFin Summit. Over the course of two days, guests discussed the importance of financial literacy as a lever to promote the achievement of the UN Sustainable Development Goals. The 200 participants shared success stories and examples to illustrate progress and to underline the challenges that the sector is facing.

Financial education specialists are gathering in Buenos Aires to celebrate EduFin Summit 2018, a forum that seeks to foster debate on the industry’s biggest challenges. BBVA’s Center for Financial Education and Capability has organized the second edition of this global event, which this year has a special focus on the United Nations Sustainable Development Goals (SDG). Over the course of two days, representatives of the public sector, the corporate world and educational institutions will share data and insights into their success stories in financial inclusion and education.

The best way to close a distance is to eliminate it. This is what is required if distance is what prevents one in every four financially excluded people from opening a bank account. The World Bank indicates that technology may play a key role in making financial inclusion a viable reality for everyone, which is why digital transformation is part of BBVA Microfinance Foundation's DNA. The Foundation aims to reach more people, regardless of how far away they live, and to provide assistance as efficiently and quickly as possible.