Sustainability is a core part of BBVA's strategy. This strategy encompasses the bank’s Pledge 2025, which is founded on three pillars: 1) to secure €100 billion for green financing, sustainable infrastructure projects, social entrepreneurship, and financial inclusion. In the 18 months prior to and through June 2019, the bank had already secured €22 billion, close to 20 percent of its goal; 2) to manage environmental and social risks in order to mitigate direct and indirect impacts. BBVA will place an internal price on its CO2 emissions, which will be factored into its decision-making processes. All this will contribute to the bank's goal of being carbon neutral in 2020; and 3) to engage with all stakeholders in order to collectively advocate for sustainable development within the financial industry. In 2019, the bank spearheaded the initiative that resulted in the Principles for Responsible Banking, and it signed up to the banking sector's Collective Commitment to Climate Action.
Sustainability and Responsible Banking
Sustainability and Responsible Banking
The 13th annual Turkish Women Entrepreneur Competition, organized by Garanti BBVA in collaboration with Ekonomist Magazine and the Women Entrepreneurs' Association of Turkey (KAGIDER), recognized the best and brightest women entrepreneurs in 2019.
Held in Madrid and with Chile presiding, COP25, has come to an end following nearly two weeks of intense debate, the presentation of reports on the threats of climate change and proposals to tackle the different challenges.
BBVA Momentum will hold its 2019 global closing event on March 3, 2020. This year, the BBVA program in support of social entrepreneurship has broken its own record by accelerating the growth of 169 companies from the United States, Turkey, Mexico, and Colombia.
They are both refugees. Einstein, considered one of the greatest geniuses in history, fled Nazi occupied Germany to the United States in 1933 after his civil liberties were revoked and he was barred from his professorship for being an outspoken opponent of the government. Fortunately, Princeton University recognized his intelligence and offered him a job. A fortuitous event that changed his life and ours, yet for many refugees today, such opportunities are scarce.
BBVA USA, in its mission to bring the age of opportunity to everyone, provided significant funding to three nonprofits in Jacksonville who are focused on growth and development of small business and entrepreneurship.
For the tenth year in a row, AFP and BBVA teamed up for AFP Aware Community Service Day. Nearly 70 treasury and finance professionals arrived at AFP 2019 in December, to give back to the community of Boston.
With the slogan “Time for Action”, the goal of the 2019 Madrid Climate Change Conference is for the countries to present their commitments and finalize the rules needed to implement the Paris Agreement in 2020. On an individual level, this conference is a good time to reflect on our own consumption habits and look at how to manage our personal finances in a sustainable, eco-friendly manner.