BBVASpain
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Last update: 2022-01-06 12:11:43
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About BBVA

Banco Bilbao Vizcaya Argentaria (BBVA), is a multinational Spanish banking group. It was formed in 1999 from a merger of Banco Bilbao Vizcaya, founded in 1857, and Argentaria. It provides financial services in over 30 countries. The group has a leading position in the Spanish market, where it began operating over 150 years ago. It also has franchises in South America, where it is the main financial institution in Mexico. It is one of the 15 biggest banks in the United States, where it has a franchise in the Sunbelt region. In March 2017 BBVA acquired a 49.85% ownership of GarantiBank, Turkey.

Website https://www.bbva.com/en/
Headquarters
C. Sauceda, 28
28050 Madrid
Spain
CEO/chair Onur Genç
CEO
Supervisor
Banco de España
Annual report Annual report 2020
Ownership
listed on Bolsa de Madrid, Bolsa Mexicana de Valores & NYSE

BBVA's shareholder structure can be accessed here.

Complaints and grievances

BBVA does not operate a complaints channel for individuals and communities that may be adversely affected by its finance.

Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance). 

Related Dodgy Deals

BBVA has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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Active profiles
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On record profiles

Policy Assessments

Banks, climate and energy

Bank policy scores on fossil fuel financing

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
43
Laggard
Explanation

A bank can obtain a total of 200 policy points for its fossil fuel policies; 120 possible points for oil and gas policies and 80 possible points for coal policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 50 points
50.5 - 100 points
100.5 - 150 points
150.5 - 200 points
For more details see this page.

Bank policy scores on fossil fuel expansion

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
14
Laggard
Explanation

The scores for a bank's policies restricting expansion of fossil fuels - in each area, prohibitions against financing projects and/or companies expanding that area - are aggregated into a fossil fuel expansion policy score.

The point-based policy ranking for fossil fuel expansion consists of the following distribution:

  • Coal mining: 14 points​
  • Coal power: 14 points
  • Other coal: 7 points
  • Tar sands: 7 points
  • Arctic oil and gas: 7 points
  • Offshore oil and gas: 7 points
  • Fracked oil and gas: 7 points
  • LNG: 7 points
  • Other oil and gas: 12 points

A bank can obtain a total of 82 policy points for its fossil fuel expansion policy. Based on this score, banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 20.5 points
21 - 41 points
41.5 - 61.5 points
62 - 82 points
For more details see this page.

Bank policy scores on oil and gas financing

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
9
Laggard
Explanation

For tar sands, Arctic oil and gas, fracked oil and gas, offshore oil and gas and LNG, 18 possible policy points can be obtained. For other/conventional oil and gas, 30 policy points can be obtained. In total, a bank can score a total of 120 policy points for its oil and gas policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 30 points
30.5 - 60 points
60.5 - 90 points
90.5 - 120 points
For more details see this page.

Bank policy scores on tar sands

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
5
Follower
Explanation

The point-based policy ranking above assesses bank policies in four ways:

1) Restriction on direct financing for tar sands projects.

  • None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)

2) Restriction on financing for companies that expand tar sands.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for tar sands.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in tar sands above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its tar sands policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on Arctic oil and gas

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
3
Laggard
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for Arctic oil and gas projects.

  • None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)

2) Restriction on financing for companies that expand Arctic oil and gas. 

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for Arctic oil and gas.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in Arctic oil and gas above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its Arctic oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on offshore oil and gas

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
0.5
Laggard
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for offshore oil and gas projects.

  • None (0), weak exclusion (1), strong exclusion (3)

2) Restriction on financing for companies that expand offshore oil and gas.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for offshore oil and gas.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in offshore oil and gas above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its offshore oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on fracked oil and gas

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
0
Laggard
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for fracked oil and gas projects.

  • None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)

2) Restriction on financing for companies that expand oil and gas fracking.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for oil and gas fracking.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in oil and gas fracking above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its fracking policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on LNG

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
0
Laggard
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for LNG projects.

  • None (0), weak exclusion (1), strong exclusion (3)

2) Restriction on financing for companies that expand LNG.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for LNG.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in LNG above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its LNG policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on other/conventional oil and gas

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
0.5
Laggard
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for other/conventional oil and gas projects.

  • None (0), weak exclusion (1.5), strong exclusion (5)

2) Restriction on financing for companies that expand other/conventional oil and gas. 

  • None (0), weak exclusion (3), strong exclusion (7)

3) The bank’s commitment to phase-out financing for other/conventional oil and gas.

  • None (0), financing reduction (1.5), weak phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in other/conventional oil and gas above a certain threshold.

  • None (0), enhanced due diligence/Equator Principles commitment (0.5), weak exclusion threshold (3), strong exclusion threshold (7), full exclusion (10)

A bank can obtain a total of 30 policy points for its other/conventional oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 7.5 points
8 - 15 points
15.5 - 22.5 points
23 - 30 points
For more details see this page.

Bank policy scores on coal financing

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
34
Follower
Explanation

For both coal mining and coal power, 32 possible policy points can be obtained, while for other coal,16 possible policy points can be obtained. So a bank can obtain a total of 80 policy points for its coal policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 20 points
20.5 - 40 points
40.5 - 60 points
60.5 - 80 points
For more details see this page.

Bank policy scores on coal mining

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
17
Front runner
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal mining projects.

  • None (0), mountaintop removal mining exclusion (0.5), weak exclusion (2), moderate exclusion (4), strong exclusion (6)

2) Restriction on financing for companies that expand coal mining.

  • None (0), weak exclusion (4), strong exclusion (8)

3) The bank’s commitment to phase-out financing for coal mining.

  • None (0), exposure reduction (1.5), financing reduction (3), weak phase-out (4), moderate phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in coal mining above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (3), moderate exclusion threshold (5), strong exclusion threshold (8), full exclusion (10)

A bank can obtain a total of 32 policy points for its coal mining policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 8 points
8.5 - 16 points
16.5 - 24 points
24.5 - 32 points
For more details see this page.

Bank policy scores on coal power

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
17
Front runner
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal power projects.

  • None (0), weak exclusion (2), moderate exclusion (4), strong exclusion (6)

2) Restriction on financing for companies that expand coal power.

  • None (0), weak exclusion (4), strong exclusion (8)

3) The bank’s commitment to phase-out financing for coal power.

  • None (0), proportional reduction (1), exposure reduction (1.5), financing reduction (3), weak phase-out (4), moderate phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in coal power above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (3), moderate exclusion threshold (5), strong exclusion threshold (8), full exclusion (10)

A bank can obtain a total of 32 policy points for its coal power policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 8 points
8.5 - 16 points
16.5 - 24 points
24.5 - 32 points
For more details see this page.

Bank policy scores on coal infrastructure

BankLast update
Country
Score
Ranking
Details
BBVA
2021-03-24
ESP
0
Laggard
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal infrastructure projects.

  • None (0), weak exclusion (1), strong exclusion (3)

2) Restriction on financing for companies that expand coal infrastructure.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for coal infrastructure.

  • None (0), exposure reduction (1), weak phase-out (2), strong phase-out (4)

4) The bank’s commitment to exclude companies active in coal infrastructure above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (4), full exclusion (5)

A bank can obtain a total of 16 policy points for its coal infrastructure policy. Based on this score banks are then classified as laggards (0-4 points), followers (4.5-8 points), front runners (8.5-12 points) or leaders (12.5-16 points)

Laggard
Follower
Front runner
Leader
0 - 4 points
4.5 - 8 points
8.5 - 12 points
12.5 - 16 points
For more details see this page.

Banks and human rights

Human Rights Benchmark November 2019

BankLast update
Country
Score
Ranking
Details
BBVA
ESP
7.5
Front runner
Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
BBVA
2020-09-09
ESP
2019
14
14
100
Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period. 

For more details see this page.

Response Tracking

This page evaluates BBVA's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
Drummond and paramilitary violence in Colombia
0.5
0.5
0
0
Dodgy Deal profile
Responded?
Total score
0.5
Dodgy Deal profile
Response
0.5
Out of 1
Rationale for score
The bank publicly responded confirming that "Drummond Company is currently a BBVA Compass customer", therefore acknowledging its link to the impact, and outlined details of its policy framework and corporate values. However, it did not comment on or respond to the substance of the issues raised.
Action
0
Out of 1
Rationale for score

The bank provided no detail on whether it engaged with its client or took any appropriate action.

Following the bank's response: The bank stated that ""Drummond is no longer a BBVA customer"" following the sale of BBVA's US subsidiary in November 2020. Whilst the bank has disengaged with the company, this does not consitute appropriate action according to rights-holders involved in raising the issue with the bank as the bank has merely sold the subsidiary that maintains the financial relationship between the bank and the company, rather than ensuring that finance for Drummond was suspended. Therefore, the score remains unchanged.

Monitoring
0
Out of 1
Rationale for score

No information available on whether the bank monitored progress.

Following the bank's response: The bank noted that ""Drummond is no longer a BBVA customer"" and therefore the bank was not in a position to monitor the progress of the company. As the bank did not provide any details on whether it monitored the impact on rights-holders involved in raising the issue with the bank of its own action of disengaging from the company, the score remains unchanged.

More info
BankTrack Human Rights Briefing, May 2016
Average
100%
0.5
0.5
0
0

News

| |
Type:
Year:
blog
external news
our news

Banks failing to address severe human rights impacts transparently, finds BankTrack research

Findings reinforce the need for regulators to ensure access to effective remedy for people affected by bank finance
2021-12-14 | Nijmegen | BankTrack
blog
external news
our news

Glasgow wrap-up: updates from banks and civil society at COP26

With COP26 behind us, it’s as clear as ever before that banks must act urgently to help achieve the goal of limiting global warming to 1.5 C.
2021-11-17 | Nijmegen | BankTrack
blog
external news
our news

Equator Banks involved in financing at least 200 fossil fuel projects since Paris

BankTrack research sheds new light on finance for fossil fuels by Equator banks
2021-10-26 | BankTrack
blog
external news
our news

New report exposes billions in European financial support to companies in illegal Israeli settlements

2021-09-29 | Don't Buy Into Occupation
blog
external news
our news

Fossil Banks No Thanks demands banks commit to end fossil fuel finance before Glasgow Climate Summit

210+ groups support urgent call to action
2021-09-23 | BankTrack
blog
external news
our news

New research puts big banks’ sustainability claims in doubt

While 20 of Europe’s 25 largest banks have pledged to reach net-zero emissions by 2050, none have matched these long-term ambitions with comprehensive plans to avert climate change and biodiversity loss
2021-09-06 | London | ShareAction
blog
external news
our news

European banks storing €20bn a year in tax havens

2021-09-06 | The Guardian
blog
external news
our news

Forests & Finance Coalition warns foreign investors about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 | Forests & Finance
blog
external news
our news

Fossil assets: the new subprimes?

How funding the climate crisis can lead to a financial crisis
2021-06-10 | Institut Rousseau, Les Amis de la Terre, Reclaim Finance
blog
external news
our news

Banks called upon to take action to protect biodiversity ahead of UN Biodiversity Conference in Kunming

Civil society organizations urge banks to adopt stringent “No Go” policy for biodiversity rich areas
2021-05-26 | Nijmegen | BankTrack
blog
external news
our news

New bank climate initiative fails to grasp urgent need to end finance for fossil fuels

Civil society statement on the launch of the Net-Zero Banking Alliance
2021-04-22 | Nijmegen | BankTrack, urgewald, Amazon Watch, Bank on our Future, Indigenous Environmental Network, Market Forces, Positive Money, Rainforest Action Network, Reclaim Finance, ShareAction, Sierra Club
blog
external news
our news

Leading finance firms sign up to Mark Carney forum on low-carbon investment

2021-04-21 | The Guardian
blog
external news
our news

More than half of Europe’s bank directors too compromised to end fossil fuel finance

2021-04-07 | DeSmog
blog
external news
our news

Turkish bank to stop funding coal projects

2021-03-25 | Argus
blog
external news
our news

Banking on Climate Chaos 2021: World’s 60 largest banks have poured USD 3.8 trillion into fossil fuels since Paris Agreement

Even amidst the global economic downturn, fossil fuel financing numbers were higher in 2020 than 2016
2021-03-24 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
blog
external news
our news

Equator Banks fail communities on consultation and grievance mechanisms, new study finds

BankTrack research into nine projects financed ‘under Equator’ finds routine failures to conduct proper community consultation and a lack of effective project-level grievance mechanisms
2020-11-24 | Nijmegen | BankTrack
blog
external news
our news

Barclays, HSBC and Credit Suisse among worst offenders on oil sands finance

ShareAction says Barclays has participated in 11 loan and bond deals to oil sands companies since its net zero announcement in March
2020-10-29 | London | ShareAction
blog
external news
our news

A call to action on the Principles for Responsible Banking: End climate-destructive financing now

2020-10-20 | BankTrack, Rainforest Action Network, and partners
blog
external news
our news

Principles for Responsible Banking no obstacle to finance climate destruction

Twenty PRB banks provided over US$1.25 trillion in fossil fuel financing since Paris Agreement
2020-09-22 | Nijmegen | BankTrack, Rainforest Action Network
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Equator Principles requirements missing for most projects, finds new BankTrack study

Research into 37 projects financed 'under Equator' finds project-level grievance mechanisms or stakeholder engagement processes cannot be evidenced in 65% of cases
2020-08-11 | BankTrack
blog
external news
our news

Banking on Climate Change – Fossil Fuel Finance Report Card 2020

New report reveals global banks funneled USD 2.7 trillion into fossil fuels Since Paris Climate Agreement, with financing on the rise each year 
2020-03-18 | Nijmegen | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance, Sierra Club
blog
external news
our news

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
blog
external news
our news

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
blog
external news
our news

Dirty Profits 7 - Out of Control: Irresponsible weapons transfers and future weapon systems

2019-05-22 | Frankfurt am Main | Facing Finance
blog
external news
our news

Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

2019-03-20 | Desmogblog.com
blog
external news
our news

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
blog
external news
our news

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA
blog
external news
our news

Banks massively financing fossil fuels unclear about future of ... fossil fuels

Few banks acknowledge relation between fossil fuels and climate breakdown
2018-12-20 | Nijmegen
blog
external news
our news

Behind banks' smokescreen

What banks aren't telling you about their 'climate ambition'
2018-12-13
blog
external news
our news

Principles must bring commitments

Banks endorsing draft Principles for Responsible Banking called upon to urgently act on what they sign
2018-11-26 | Paris | BankTrack
blog
external news
our news

BBVA to pledge $100bn of finance into green energy projects

2018-02-28 | The Financial Times
blog
external news
our news

BBVA to mobilize €100 billion by 2025 to fight climate change and drive sustainable development

2018-02-28 | BBVA
blog
external news
our news

28 major banks warned not to finance Trans Mountain pipeline expansion

Over 20 Indigenous and environmental groups deliver urgent letter.
2017-06-09 | BankTrack, Rainforest Action Network, others
blog
external news
our news

Energy Transfer: Which banks continue to support the company behind DAPL?

2017-04-06 | Alison Kirsch - Rainforest Action Network
blog
external news
our news

Europe’s biggest banks register €25 billion profit in tax havens

2017-03-27 | Fair Finance International, Oxfam
blog
external news
our news

BBVA's liability in the Ilisu dam increases

(article in Spanish)
2017-03-02 | Ekologistak Martxan
blog
external news
our news

Leading banks under fire for misrepresenting human rights responsibilities

Discussion Paper by Thun Group of banks meets series of objections from UN Working Group, John Ruggie and over 30 civil society organisations
2017-02-28 | BankTrack
blog
external news
our news

New BankTrack Human Rights Impact Briefing: Drummond and paramilitary violence in Colombia

2016-05-25 | Nijmegen | BankTrack
blog
external news
our news

Banks not yet living up to UN human rights principles, finds BankTrack

New research finds inadequate reporting on human rights impacts, and failure to establish mechanisms to allow complaints.
2014-12-02 | Geneva | BANKTRACK
blog
external news
our news

Banks and human rights: Assessing strengths and weaknesses of the Thun Group’s approach

2014-08-11 | Righting Finance
blog
external news
our news

BankTrack welcomes Thun Group paper on banks and human rights

Call for access to remedy for victims bank-financed human rights abuses
2013-10-11 | Nijmegen | BankTrack
blog
external news
our news

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
blog
external news
our news

New report: European banks fuelling food price volatility and hunger

2012-01-12 | Brussels | Friends of the Earth Europe
blog
external news
our news

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
blog
external news
our news

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds
blog
external news
our news

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
blog
external news
our news

Financiers search for sustainable future

2011-10-20 | Washington | Environmental Finance
blog
external news
our news

Cluster bombs manufactured in Spain in 2007 and used by Gaddafi to bomb Misrata were financed by Spanish banks

Cajalón, Caja España, Caja Mediterráneo, Bankinter, Ibercaja, Banco Popular, Banco Sabadell and La Caixa involved
2011-05-04 | Madrid, Spain | SETEM
blog
external news
our news

BBVA is the leading Spanish bank in financing controversial arms producers

2011-03-11 | Madrid | SETEM Finanzas Éticas and Centro Delás Justicia y Paz
blog
external news
our news

“So few policemen for so many thieves! BBVA; the Assassin!”

2011-03-11 | Bilbao | Akgün Ilhan from the Initiative to Keep Hasankeyf Alive
blog
external news
our news

BNP Paribas releases new policy on nuclear financing

Financing of Angra III and -possibly- Jaitapur plants shows hypocricy of effort
2011-02-15 | Paris | Les Amis de la Terre
blog
external news
our news

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Los bancos puntúan bajo en sostenibilidad, transparencia y responsabilidad

El informe incluye por primera vez a bancos de economías emergentes como India o Tailandia
2010-04-28 | Madrid, Spain | Setem
blog
external news
our news

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required
2010-04-27 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack
blog
external news
our news

Top financial institutions still invest US$20 billion in cluster bombs

Activists call on banks and pension funds to disinvest from banned weapon
2009-10-29 | London | Netwerk Vlaanderen
blog
external news
our news

BankTrack members unveil bank secrets

Six European organizations launch a revealing website: www.banksecrets.eu
2009-06-25 | Brussels | CRBM
blog
external news
our news

New Report: European banks financing damaging agrofuels in Latin America

Friends of the Earth International urges banks to stop fuelling harmful agrofuel boom
2008-05-19 | Brussels, Montevideo | Friends of the Earth Europe
blog
external news
our news

Complaint filed with ING and BBVA On Pulp Paper Projects in Uruguay

Banks asked to assess Equator Principles compliance
2005-12-16 | London | CEDHA

Documents

Type:
Year:
our publications

Actions speak louder: Assessing bank responses to human rights violations

2021-12-14 00:00:00 | BankTrack
our publications

Exposing the financial flows into illegal Israeli settlements

2021-09-29 00:00:00 | Don't Buy Into Occupation
ngo documents

Recipients of the letter about the risk of the anti-environment agenda in the Brazilian Congress

2021-08-19 00:00:00 | BankTrack
ngo documents

Fossil assets: the new subprimes?

How funding the climate crisis can lead to a financial crisis
2021-06-10 00:00:00 | Institut Rousseau, Reclaim Finance, Les Amis de la Terre
other documents

Commitment statement Net Zero Banking Alliance

2021-04-21 00:00:00 | UNEP FI Principles for Responsible Banking
our publications

Banking on Climate Chaos 2021

Fossil Fuel Finance Report
2021-03-24 00:00:00 | BankTrack, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Reclaim Finance & Sierra Club
annual reports

Annual report 2020

2021-03-09 00:00:00 | BBVA
csr policies

Environmental and social framework

2021-03-04 00:00:00 | BBVA
csr policies

General policy on corporate social responsibility

2020-12-31 00:00:00 | BBVA
other documents

Collective Commitment to Climate Action - Year One in Review

2020-12-08 00:00:00 | UNEP FI Principles for Responsible Banking
our publications

"Trust Us, We're Equator Banks": Part II

2020-11-24 00:00:00 | BankTrack
ngo documents

High Risk, Low Reward

An overview of European banks' position on oil sands
2020-10-31 00:00:00 | ShareAction
csr policies

Sustainability general policy

2020-10-31 00:00:00 | BBVA
our publications

A Call to Action on the Principles for Responsible Banking: End Climate-Destructive Financing Now

Joint civil society statement
2020-10-20 00:00:00 | BankTrack, Rainforest Action Network, and others
bank documents

BBVA Report on TCFD

October 2020
2020-10-01 00:00:00 | BBVA
annual reports

Annual integrated report 2019

2020-05-19 00:00:00 | BBVA
csr policies

Action plan on human rights

2020-03-31 00:00:00 | BBVA
our publications

Banking on Climate Change - Fossil Fuel Finance Report 2020

2020-03-18 00:00:00 | Rainforest Action Network, BankTrack, Indigenous Environmental Network, Oil Change International, Reclaim Finance, Sierra Club
csr policies

Sustainable Transaction Banking Framework

2019-12-31 00:00:00 | BBVA
correspondence

Letter from BankTrack to BBVA on the bank's progress on its fossil fuel finance since COP24

2019-12-10 00:00:00 | BankTrack
other documents

Collective Commitment to Climate Action

2019-09-19 00:00:00 | UNEP FI Principles for Responsible Banking
correspondence

Letter from BBVA to BankTrack on PRB implementation

2019-09-11 00:00:00 | BBVA
csr policies

Code of Conduct

2019-04-29 00:00:00 | BBVA
annual reports

Annual integrated report 2018

2019-04-16 00:00:00 | BBVA
csr policies

Rules of Conduct in Defense

2019-03-31 00:00:00 | BBVA
csr policies

Prevention of corruption

2019-03-11 00:00:00 | BBVA
csr policies

Sector Norms

2019-03-01 00:00:00 | BBVA
bank documents

The Katowice Commitment

2018-12-04 00:00:00 | ING, BBVA, BNP Paribas, Société Générale, Standard Chartered
correspondence

Letter from BankTrack and 120 organisations to BBVA on Demands FBNT campaign

2018-10-16 00:00:00 | BankTrack and 120 organisations
csr policies

Statement on sector norms

2018-07-09 00:00:00 | BBVA
csr policies

Code of conduct for suppliers

2018-05-08 00:00:00 | BBVA
bank documents

Responsible banking

2018-03-31 00:00:00 | BBVA
csr policies

Dakota Access pipeline statement

2018-03-31 00:00:00 | BBVA
annual reports

Annual integrated report 2017

2018-03-19 00:00:00 | BBVA
ngo documents

How banks contribute to human rights violations: responses to the Business & Human Rights Resource Centre

2018-02-28 00:00:00 | Business & Human Rights Resource Centre
csr policies

Environmental commitment

2018-02-28 00:00:00 | BBVA
bank documents

Pledge 2025

BBVA Strategy on Climate Change and Sustainable Development
2018-02-28 00:00:00 | BBVA
csr policies

Anti-money laundering compliance program

2018-02-14 00:00:00 | BBVA
csr policies

Commitment to human rights

2018-01-31 00:00:00 | BBVA
correspondence

Letter from RAN and 13 others to 14 banks that underwrote Kinder Morgan Canada IPO on warning to finance the IPO

2017-06-06 00:00:00 | Rainforest Action Network et al
annual reports

Annual report 2016

2017-03-31 00:00:00 | BBVA
correspondence

Letter from BankTrack to Thun Group on concerns regarding Thun Group discussion paper on human rights

2017-03-14 00:00:00 | BankTrack
other documents

Comments on Thun Group of Banks Discussion Paper

on the Implications of UN Guiding Principles 13 & 17 In a Corporate and Investment Banking Context
2017-02-21 00:00:00 | Prof. John G. Ruggie
correspondence

Letter from BankTrack and others to Thun Group of Banks on Significant Concerns Regarding Thun Group Discussion Paper

2017-02-14 00:00:00 | BankTrack and others
correspondence

Letter from 500 organisations to BBVA on financing DAPL

2016-11-30 00:00:00 | 500 organisations
our publications

Banking with Principles? Second Edition June 2016

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2016-06-30 00:00:00 | BankTrack
our publications

Human Rights Impact Briefing #2: Drummond and paramilitary violence in Colombia

2016-05-25 00:00:00 | BankTrack
annual reports

Annual report 2015

2016-03-31 00:00:00 | BBVA
bank documents

Financial Literacy at BBVA

2015-09-01 00:00:00 | BBVA
annual reports

Responsible banking report 2014

2015-04-09 00:00:00 | BBVA
annual reports

Annual Report 2014

2015-04-09 00:00:00 | BBVA
our publications

Banking with Principles?

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2014-12-02 00:00:00 | BankTrack
annual reports

BBVA in 2013

2014-04-16 00:00:00
annual reports

Corporate Responsibility 2013

2014-01-01 00:00:00
bank documents

Statement by the Thun Group of Banks

UN Guiding Principles on Business and Human Rights
2013-10-02 00:00:00 | BBVA et al.
annual reports

BBVA in 2012

2013-03-15 00:00:00 | BBVA
our publications

Coal Risk Update March 2013

Arch Coal, Blair Mountain, and Bank Human Rights Commitments
2013-03-07 00:00:00 | Rainforest Action Network, BankTrack
annual reports

2011 corporate responsibility annual report

2012-11-11 00:00:00 | BBVA Compass
annual reports

Annual report 2011

2012-07-04 00:00:00 | BBVA
annual reports

2010 corporate responsibility annual report

2012-07-04 00:00:00 | BBVA
ngo documents

Worldwide investments in Cluster munitions, a shared responsibility

2012-06-20 00:00:00 | IKV Pax Christi & FairFin
ngo documents

Banks and Arms: Explosive investments

A Ranking of the Spanish Arms-Funding Banks
2012-03-01 00:00:00 | Jordi Calvo Rufanges - Centre d’Estudis per la Pau J.M. Delàs · Justícia i Pau
other documents

2011 Global Investor Statement on Climate Change

2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI
other documents

Dirty Business: Spanish banks financing producers of controversial weapons

2011-05-05 00:00:00 | Profundo
annual reports

Annual Report 2010

2011-03-11 00:00:00 | BBVA
correspondence

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack
our publications

Close the Gap

Evaluacion de las politicas de inversion de los bancos internacionales
2010-10-01 00:00:00 | BankTrack
annual reports

Corporate responsibility Report 2009

2010-07-13 00:00:00 | BBVA
our publications

Close the Gap

Benchmarking investment policies of international banks
2010-04-27 00:00:00 | BankTrack
other documents

BBVA cluster munitions investments

2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi
annual reports

Annual report 2009

2010-03-12 00:00:00 | BBVA
bank documents

Policy on Conduct in the Securities Markets

2008-09-01 00:00:00 | BBVA group
ngo documents

BBVA: Vínculos financieros con empresas y proyectos controvertidos en el mundo

2007-12-15 00:00:00 | SETEM

Links

BBVSA Responsible Banking

Principles and Policies

http://bancaresponsable.com/en/documentation/principles-policies/

Policies

Voluntary standards

BBVA has committed itself to the following voluntary standards:

Investment policies

BBVA's webpage on corporate social responsibility can be accessed here.

Year:
csr policies

Environmental and social framework

2021-03-04 00:00:00 | BBVA
csr policies

General policy on corporate social responsibility

2020-12-31 00:00:00 | BBVA
csr policies

Sustainability general policy

2020-10-31 00:00:00 | BBVA
csr policies

Action plan on human rights

2020-03-31 00:00:00 | BBVA
csr policies

Sustainable Transaction Banking Framework

2019-12-31 00:00:00 | BBVA
csr policies

Code of Conduct

2019-04-29 00:00:00 | BBVA
csr policies

Rules of Conduct in Defense

2019-03-31 00:00:00 | BBVA
csr policies

Prevention of corruption

2019-03-11 00:00:00 | BBVA
csr policies

Sector Norms

2019-03-01 00:00:00 | BBVA
csr policies

Statement on sector norms

2018-07-09 00:00:00 | BBVA
csr policies

Code of conduct for suppliers

2018-05-08 00:00:00 | BBVA
csr policies

Dakota Access pipeline statement

2018-03-31 00:00:00 | BBVA
csr policies

Environmental commitment

2018-02-28 00:00:00 | BBVA
csr policies

Anti-money laundering compliance program

2018-02-14 00:00:00 | BBVA
csr policies

Commitment to human rights

2018-01-31 00:00:00 | BBVA

Equator Principles

Implementation and reporting

BBVA is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

active

Trans Mountain Pipeline Expansion project (TMEP) Canada

Pipeline Transportation of Crude Oil
on record

Atlantic Coast Pipeline United States

Pipeline Transportation of Natural Gas
on record

Camisea pipeline project Peru

Pipeline Transportation of Natural Gas
on record

Dakota Access Pipeline United States

Pipeline Transportation of Crude Oil
on record

SOCAR Aegean Refinery Turkey

Coal Electric Power Generation | Oil and Gas Extraction

Good moves

Year:

2014

Thun Group of Banks agrees to consider remedy for victims of human rights abuse

In 2013 the seven-strong Thun Group of Banks' produced a discussion paper on banks' responsibilities under new UN human rights guidelines. BankTrack's response to the paper highlighted that the banks had failed to address their responsibility to provide access to remedy to victims of human rights abuses. After…