Laser light tools developed by Anne L’Huillier, Paul Corkum, and Ferenc Krausz have led to a new field of research with applications in areas such as electronics, the diagnosis of illnesses, the development of new materials and the search for clean energy sources.
Sustainability
Sustainability
The bank celebrates the third edition of Diversity Days, an internal event to promote diversity, inclusion and equality in the workforce through activities, conferences and events throughout the week. As part of Diversity Days, the bank informed its workforce about its Diversity Guidelines, a general guide for action that makes respect for differences, and thus for diversity, a fundamental pillar of the company’s strategy.
BBVA placed CHF 425 million of a senior preferred bond issue today. The labeled green bond is divided into two tranches with maturities of three and six years. The first tranche, maturing in 2025 and comprising CHF 215 million, bears interest at SARON mid-swap plus 108 basis points, while the second tranche, maturing in 2028 and comprising CHF 210 million, bears interest at SARON mid-swap plus 123 basis points.
BBVA Chair Carlos Torres Vila today announced that the bank will increase its sustainable finance target by 50 percent. “Sustainability is a business opportunity,” because the amount of investment required is huge ($275 trillion through 2025), he said at the Institute for International Finance (IIF) annual meeting in Washington, DC. In this sense, he added that the bank has been channeling sustainable financing “at a really fast pace”, which prompted the bank to surpasse in June 2022 the initial goal set for 2025. For that reason, “today I can announce that we’re now upping the ante again to €300 billion for the period 2018-2025,” he said.
A recent report by Deloitte and the European Banking Federation (EBF) explains the role of the Chief Sustainability Officer (CSO) in a company, the qualities they should have and what the purpose and future of their work is.
BBVA invests 10 million euros in the world's largest clean hydrogen infrastructure fund financing the whole hydrogen value chain scale up. This is a strategic investment for BBVA, as hydrogen is shaping up to be a possible solution to decarbonize the most emission-intensive sectors of the economy.
BBVA and US venture capital firm Fifth Wall, are joining forces to invest in technologies that address climate change in the real estate and construction industries, which make up 40% of the global total carbon dioxide emissions.Through Fifth Wall’s Climate Fund, BBVA will invest in companies seeking decarbonization solutions that address the entire lifecycle of buildings.
The pandemic proved to be the turning-point for her to take the most important step of her life. Not without fear, Alicia García began a gender transition process to "not have to hide my identity and be able to be myself." This was a personal journey with an impact on her work environment. Although a lot less than expected.
BBVA takes another step toward gender equality, setting a target for 35 percent of its management positions to be held by women by 2024. At the end of last year, this figure stood at 31.4 percent. This measure adds to a series of initiatives that are contributing to increasing the number of women in positions of responsibility.