COMMUNICATIONS
21 decemberIn 2018, BBVA continued the exciting transformation journey it began more than 10 years ago. The goal was none other than preparing for the changes brought about by the digital revolution and improving people’s lives through technology. 2018 was also an important year in the fight against climate change and environmental protection through sustainable financing.
Biometrics, artificial intelligence, blockchain. These are some of the technologies that the bank is already employing to change the way it engages with its customers, offer new experiences and streamline processes. The adoption of technology and collaboration with the fintech ecosystem put BBVA at the forefront of the transformation. This is no longer a vision for the future, rather the implementation of existing projects with tangible results.
Read: '2018: A year of achievements in BBVA's transformation'The sustainable revolution of finance
BBVA has emerged as a global trailblazer and a leader in the industry thanks to its quest for future oriented finance. The bank recently announced one of the most ambitious commitments in sustainability: mobilizing €100 billion through 2025 to fight against climate change and promote sustainable development. This pioneering “Pledge 2025” will help to attain the UN Sustainable Development Goals and the Paris Climate Agreement. BBVA’s commitment to the environment has materialized throughout the years as shown below:
The year 2018 also served as a turning point for banks. There will be a “before” and an “after” to the UN Principles for Responsible Banking, in which BBVA played a leading role as one of the founding banks participating in this agreement. “With these Principles for Responsible Banking, we are redefining banking’s role in society in order to generate a positive impact on people’s lives. The future of finance is financing thinking about the future,” maintains BBVA CEO Carlos Torres Vila, consejero delegado de BBVA.
Read: ‘BBVA adheres to the United Nations Principles for Responsible Banking’The UN is aware of how important the finance sector is in the fight against climate change and in environmental conservation. Without a doubt, banking is essential to achieving the Sustainable Development Goals. For this reason, BBVA works on each of the 17 goals laid out by the UN: