BBVA strategy on climate change and sustainable development
€100,000 M mobilized between 2018 and 2025
Transition to a low carbon economy
Sustainable infraestructures and agribusiness
Financial inclusion and entrepreneurship
Social and environmental impacts management
70% renewable energy and 68% CO2 emissions reduction
Transparency in carbon related exposure
New sector norms
Involvement in global initiatives
Active collaboration with stakeholders in mainstream initiatives
TCFD recommendations implementation on 2020
Transition to a low carbon economy
Sustainable infraestructures and agribusiness
Financial inclusion and entrepreneurship
70% renewable energy and 68% CO2 emissions reduction
Transparency in carbon related exposure
New sector norms
Active collaboration with stakeholders in mainstream initiatives
TCFD recommendations implementation on 2020
In 2018 BBVA reinforces its leadership in sustainable finance:
Green finance
€8,126 M
Sustainable infrastructure and agribusiness
€1,601 M
Financial inclusion and entrepreneurship
€2,087 M
€1,452 M in sustainable bonds intermediated
€1,850 M in sustainable loans
DIRECT
43%
people in certified buildings
35%
energy from renewable sources
-18%
paper consumption per person
INDIRECT
Elaboration of the United Nations Principles for Responsible Banking
Strong commitment to the Sustainable Development Goals
Member of the pilot group working to implement the Task Force on Climate-related Financial Disclosures recommendations
Members of the Katowice Commitment within COP24