2025 Pledge

BBVA strategy on climate change and sustainable development

To finance

€100,000 M mobilized between 2018 and 2025

Transition to a low carbon economy

Sustainable infraestructures and agribusiness

Financial inclusion and entrepreneurship

To manage

Social and environmental impacts management

70% renewable energy and 68% CO2 emissions reduction

Transparency in carbon related exposure

New sector norms

To engage

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

Sustainable finance

In 2018 BBVA reinforces its leadership in sustainable finance:

€11,815 M mobilized in
sustainable finance in 2018

Green finance

€8,126 M

Sustainable infrastructure and agribusiness

€1,601 M

Financial inclusion and entrepreneurship

€2,087 M

Leaders in the sustainable bonds and loans market

€1,452 M in sustainable bonds intermediated

€1,850 M in sustainable loans

First green bonds issued under the new BBVA´s SDG bonds framework

Environmental and social impacts management

DIRECT

Global Eco-efficiency plan

43%

people in certified buildings

35%

energy from renewable sources

-18%

paper consumption per person

INDIRECT

New sector norms approved: mining, energy, agribusiness and infraestructure

Climate risk management

Equator principles

Engagement with global initiatives

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