Sustainability

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Sustainability and responsible banking model

BBVA has a differential way of doing banking based on the purpose “to bring the age of opportunity to everyone”, always acting in line with its corporate values and the goal of having a positive impact on the lives of people, businesses and society as a whole.

 

It is a commitment to a responsible way of doing banking and to creating value for all its stakeholders over the long-term, which is reflected in the different Bank Policies and, especially, in the General Sustainability Policy and in the Corporate Social Responsibility Policy.

  • The General Sustainability Policy in terms of sustainable development, trying to achieve economic development, social development and environmental protection in a balanced way.
  • The Corporate Social Responsibility (CSR) Policy for managing the responsibility of BBVA’s impact on people and society.

 

BBVA will abide by the following general principles for corporate social responsibility:

  1. Geared toward generating a positive impact in society
  2. Respect for people’s dignity and inherent rights
  3. Community investment
  4. Involvement as an agent of social change

The Group will also carry out its activities in the sustainability and corporate social responsibility area based on  the following general principles, which are already applied in its different management policies:

  1. Integrity
  2. Prudent risk management
  3. Transparency
  4. Achievement of a profitable and sustainable long-term business
  5. Creating long-term value for all stakeholders
  6. Compliance with applicable law at any given time

All the business and support areas integrate these two policies into their internal regulations and activities. The Global Sustainability Office and the Responsible Business department respectively coordinate and support them in their implementation.

About Sustainability

Find out BBVA sustainability and responsible banking reports and presentations

Sustainability Presentation

Building a greener and more inclusive future

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Report on TCFD

BBVA 2020 Report on TCFD

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Green and Social Bond Report

BBVA 2020 Green and Social Bond Report

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News

BBVA doubles its target of sustainable financing

BBVA doubles its target of channeling sustainable financing to €200 billion

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BBVA commits to net zero emissions

BBVA announces its commitment to net zero emissions by 2050.

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BBVA announces coal phase-out

BBVA will reduce to zero its exposure to coal-related activities, stopping the financing of companies in this business by 2030 in developed countries, and by 2040 in the rest of the countries of its footprint.

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For more information, please access to sustainability section on bbva.com

Updated page 30 July 2021