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BBVA's head office Bilbao, Spain. Photo: Zarateman via Wikimedia Commons (CC0 1.0 License)

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 50% ownership of GarantiBank, Turkey.

Website https://www.bbva.com/en/
Headquarters
Plaza San Nicolás 4
48005 Bilbao
Spain
CEO/chair Onur Genç
CEO
Supervisor
Banco de España
Annual report Annual integrated report 2019
Ownership
listed on Bolsa de Madrid, Bolsa Mexicana de Valores & NYSE

BBVA's shareholder structure can be accessed here.

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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Policy Assessments

Banks, climate and energy

Bank policy scores on fossil fuel financing

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-12-23
ESP
31
32000000000
0
Spain
Profile
Laggard
31
Follower
Front runner
Leader
1608678000
Last update: 2020-12-23
Explanation

Total: 31 points out of 200

11 points out of 120 for oil and gas policy.

20 points out of 80 for coal policy.

See: Banking on Climate Change - policy scores

Explanation

A bank can obtain a total of 200 policy points for its overall 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 (0-50 points), followers (50.5-100 points), front runners (100.5-150 points) or leaders (150.5-200 points).

For more details see this page.

Bank policy scores on fossil fuel expansion

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-12-23
ESP
18
19000000000
0
Spain
Profile
Laggard
18
Follower
Front runner
Leader
1608678000
Last update: 2020-12-23
Explanation

Total: 18 points out of 89

4 points for a strong exclusion of tar sands projects: BBVA prohibits financing for tar sands exploration, production, and transport projects.

4 points for a strong exclusion of Arctic oil and gas projects: BBVA prohibits financing for Arctic oil and gas exploration, production and transportation projects.

2 points for a weak exclusion of coal mining projects: BBVA prohibits direct financing for new coal mines and coal mine expansions, including MTR mines, but allows exceptions for countries with high levels of imported energy.

4 points for a moderate exclusion of coal power projects: BBVA prohibits direct financing for new coal plants and coal plant expansions, but allows exceptions for countries with high levels of imported energy.

4 points for a weak exclusion of companies expanding coal power (coal power developers): BBVA prohibits financing of clients that are expanding coal-fired power generation capacity, but allows exceptions for countries with high levels of energy imports.

See: Banking on Climate Change - policy scores

Relevant policies
csr policies
2020-12-23 00:00:00

Environmental and Social Framework

2020-12-23 00:00:00
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: 9 points
  • Arctic oil and gas: 9 points
  • Offshore oil and gas: 9 points
  • Fracked oil and gas: 9 points
  • LNG: 9 points
  • Other oil and gas: 9 points

A bank can obtain a total of 89 policy points for its fossil fuel expansion policy. Based on this score, banks are then classified as laggards (0-22.25 points), followers (22.25-44.5 points), front runners (44.5-66.75 points) or leaders (66.75-89 points).

For more details see this page.

Bank policy scores on oil and gas financing

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-12-23
ESP
11
12000000000
0
Spain
Profile
Laggard
11
Follower
Front runner
Leader
1608678000
Last update: 2020-12-23
Explanation

Total: 11 points out of 120

6 points out of 20 for tar sands policy: see here.

4 points out of 20 for Arctic oil and gas policy: see here.

0.5 point out of 20 for offshore oil and gas policy: see here.

0.5 point out of 20 for other/conventional oil and gas: see here.

See: Banking on Climate Change - policy scores

Explanation

For each of the six subsectors, 20 possible policy points can be obtained, so a bank can obtain a total of 120 policy points for its oil and gas policies. Based on this score banks are then classified as laggards (0-30 points), followers (30.5-60 points), front runners (60.5-90 points) or leaders (90.5-120 points).

For more details see this page.

Bank policy scores on tar sands

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-12-23
ESP
6
7.0E+18
0
Spain
Profile
Laggard
Follower
6
Front runner
Leader
1608678000
Last update: 2020-12-23
Explanation

Total: 6 points out of 20

4 points for a strong exclusion of tar sands projects: BBVA prohibits financing for tar sands exploration, production, and transport projects.

2 points for a weak exclusion of tar sands companies: BBVA prohibits financing for clients involved with tar sands without a diversification plan and where this activity represents more than 10% of its total production.

See: Banking on Climate Change - policy scores

Relevant policies
csr policies
2020-12-23 00:00:00

Environmental and Social Framework

2020-12-23 00:00:00
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 (1.5), moderate exclusion (3), strong exclusion (4)

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

  • None (0), weak exclusion (3), strong exclusion (5)

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), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 20 policy points for its tar sands policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points). 

For more details see this page.

Bank policy scores on Arctic oil and gas

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-12-23
ESP
4
5000000000
0
Spain
Profile
Laggard
4
Follower
Front runner
Leader
1608678000
Last update: 2020-12-23
Explanation

Total: 4 points out of 20

4 points for a strong exclusion of Arctic oil and gas projects: BBVA prohibits financing for Arctic oil and gas exploration, production and transportation projects.

See: Banking on Climate Change - policy scores

Relevant policies
csr policies
2020-12-23 00:00:00

Environmental and Social Framework

2020-12-23 00:00:00
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 (1.5), moderate exclusion (3), strong exclusion (4)

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

  • None (0), weak exclusion (3), strong exclusion (5)

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), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 20 policy points for its Arctic oil and gas policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on offshore oil and gas

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-03-01
ESP
0.5
1500000000
0
Spain
Profile
Laggard
0.5
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0.5 point out of 20

0.5 point for enhanced due diligence regarding offshore oil and gas companies: BBVA has enhanced due diligence for offshore oil and gas.

See: Banking on Climate Change - policy scores

Relevant policies
csr policies
2019-03-01 00:00:00

Sector Norms

2019-03-01 00:00:00
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 (1.5), strong exclusion (4)

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

  • None (0), weak exclusion (3), strong exclusion (5)

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 20 policy points for its offshore oil and gas policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on fracked oil and gas

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-03-01
ESP
0
1000000000
0
Spain
Profile
Laggard
0
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0 points out of 20

See: Banking on Climate Change - policy scores

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 (1.5), moderate exclusion (3), strong exclusion (4)

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

  • None (0), weak exclusion (3), strong exclusion (5)

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), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 20 policy points for its fracking policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on LNG

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-03-01
ESP
0
1000000000
0
Spain
Profile
Laggard
0
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0 points out of 20

See: Banking on Climate Change - policy scores

Explanation

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

1) Restriction on direct financing for LNG projects.

  • None (0), weak exclusion (1.5), strong exclusion (4)

2) Restriction on financing for companies that expand LNG.

  • None (0), weak exclusion (3), strong exclusion (5)

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 20 policy points for its LNG policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on other/conventional oil and gas

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-03-01
ESP
0.5
1500000000
0
Spain
Profile
Laggard
0.5
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0.5 point out of 20

0.5 point for enhanced due diligence/Equator Principles commitment regarding other/conventional oil and gas companies: BBVA is a signatory to the Equator Principles.

See: Banking on Climate Change - policy scores

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 (4)

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

  • None (0), weak exclusion (3), strong exclusion (5)

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

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

A bank can obtain a total of 20 policy points for its other/conventional oil and gas policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on coal financing

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-03-01
ESP
20
21000000000
0
Spain
Profile
Laggard
20
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 18 points out of 80

7 points out of 32 for coal mining policy: see here.

13 points out of 32 for coal power policy: see here.

See: Banking on Climate Change - policy scores

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 (0-20 points), followers (20.5-40 points), front runners (40.5-60 points) or leaders (60.5-80 points).

For more details see this page.

Bank policy scores on coal mining

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2019-03-01
ESP
7
8000000000
0
Spain
Profile
Laggard
7
Follower
Front runner
Leader
1551394800
Last update: 2019-03-01
Explanation

Total: 7 points out of 32

2 points for a weak exclusion of coal mining projects: BBVA prohibits direct financing for new coal mines and coal mine expansions, including mountaintop removal (MTR) mines, but allows exceptions for countries with high levels of imported energy.

5 points for a moderate exclusion threshold for coal mining companies: BBVA prohibits financing for companies of which more than 25% of its activity consists of coal mining, but allows exceptions for companies with a diversification strategy.

See: Banking on Climate Change - policy scores

Relevant policies
csr policies
2020-12-23 00:00:00

Environmental and Social Framework

2020-12-23 00:00:00
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 (0-8 points), followers (8.5-16 points), front runners (16.5-24 points) or leaders (24.5-32 points).

For more details see this page.

Bank policy scores on coal power

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-03-01
ESP
13
1.4E+19
0
Spain
Profile
Laggard
Follower
13
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 13 points out of 32

4 points for a moderate exclusion of coal power projects: BBVA prohibits direct financing for new coal plants and coal plant expansions, but allows exceptions for countries with high levels of imported energy.

4 points for a weak exclusion of companies expanding coal power (coal power developers): BBVA prohibits financing of clients that are expanding coal-fired power generation capacity, but allows exceptions for countries with high levels of energy imports.

5 points for a moderate exclusion threshold for coal power companies: BBVA prohibits financing companies with more than 25% of their power generation capacity from coal, but allows exceptions for companies with a diversification strategy.

See: Banking on Climate Change - policy scores

Relevant policies
csr policies
2020-12-23 00:00:00

Environmental and Social Framework

2020-12-23 00:00:00
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 (0-8 points), followers (8.5-16 points), front runners (16.5-24 points) or leaders (24.5-32 points).

For more details see this page.

Bank policy scores on coal infrastructure

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
2020-03-01
ESP
0
1000000000
0
Spain
Profile
Laggard
0
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0 points out of 16

See: Banking on Climate Change - policy scores

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)

For more details see this page.

Banks and human rights

BankTrack Human Rights Benchmark 2019

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
BBVA
ESP
100
Spain
Laggard
Follower
Front runner
Leader
Explanation

BBVA's human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark in November 2019. The bank is assessed as a Front runner, with a total score of 7.5 out of 14.

Policy: 2.5/3
Due dilligence: 3/5
Reporting: 1.5/3
Remedy: 0.5/3

For more details see this page.

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Details
Reporting period
PF deals under EP
Project names reported
% Project names reported
BBVA
2020-09-09
ESP
2019
14
14
100
1.01000000015E+38
0
Spain
Profile
Reporting period
2019
PF deals under EP
14
Project names reported
14
% Project names reported
100
1599602400
Last update: 2020-09-09
Explanation

EP reporting page: https://equator-principles.com/reporting-banco-bilbao-vizcaya-argentaria-s-a-bbva-2019/

Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. 

For more details see this page.

News

| |
Type:
Year:
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:
csr policies
2020-12-31 00:00:00

General policy on corporate social responsibility

2020-12-31 00:00:00 | BBVA
csr policies
2020-12-23 00:00:00

Environmental and Social Framework

2020-12-23 00:00:00 | BBVA
other documents
2020-12-08 00:00:00

Collective Commitment to Climate Action - Year One in Review

2020-12-08 00:00:00 | UNEP FI Principles for Responsible Banking
our publications
2020-11-24 00:00:00

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

2020-11-24 00:00:00 | BankTrack
ngo documents
2020-10-31 00:00:00

High Risk, Low Reward

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

Sustainability general policy

2020-10-31 00:00:00 | BBVA
our publications
2020-10-20 00:00:00

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
2020-10-01 00:00:00

BBVA Report on TCFD

October 2020
2020-10-01 00:00:00 | BBVA
annual reports
2020-05-19 00:00:00

Annual integrated report 2019

2020-05-19 00:00:00 | BBVA
csr policies
2020-03-31 00:00:00

Action plan on human rights

2020-03-31 00:00:00 | BBVA
our publications
2020-03-18 00:00:00

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
2019-12-31 00:00:00

Sustainable Transaction Banking Framework

2019-12-31 00:00:00 | BBVA
correspondence
2019-12-10 00:00:00

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
2019-09-19 00:00:00

Collective Commitment to Climate Action

2019-09-19 00:00:00 | UNEP FI Principles for Responsible Banking
correspondence
2019-09-11 00:00:00

Letter from BBVA to BankTrack on PRB implementation

2019-09-11 00:00:00 | BBVA
csr policies
2019-04-29 00:00:00

Code of Conduct

2019-04-29 00:00:00 | BBVA
annual reports
2019-04-16 00:00:00

Annual integrated report 2018

2019-04-16 00:00:00 | BBVA
csr policies
2019-03-31 00:00:00

Rules of Conduct in Defense

2019-03-31 00:00:00 | BBVA
csr policies
2019-03-11 00:00:00

Prevention of corruption

2019-03-11 00:00:00 | BBVA
csr policies
2019-03-01 00:00:00

Sector Norms

2019-03-01 00:00:00 | BBVA
bank documents
2018-12-04 00:00:00

The Katowice Commitment

2018-12-04 00:00:00 | ING, BBVA, BNP Paribas, Société Générale, Standard Chartered
correspondence
2018-10-16 00:00:00

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

2018-10-16 00:00:00 | BankTrack and 120 organisations
csr policies
2018-07-09 00:00:00

Statement on sector norms

2018-07-09 00:00:00 | BBVA
csr policies
2018-05-08 00:00:00

Code of conduct for suppliers

2018-05-08 00:00:00 | BBVA
bank documents
2018-03-31 00:00:00

Responsible banking

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

Dakota Access pipeline statement

2018-03-31 00:00:00 | BBVA
annual reports
2018-03-19 00:00:00

Annual integrated report 2017

2018-03-19 00:00:00 | BBVA
ngo documents
2018-02-28 00:00:00

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
2018-02-28 00:00:00

Environmental commitment

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

Pledge 2025

BBVA Strategy on Climate Change and Sustainable Development
2018-02-28 00:00:00 | BBVA
csr policies
2018-02-14 00:00:00

Anti-money laundering compliance program

2018-02-14 00:00:00 | BBVA
csr policies
2018-01-31 00:00:00

Commitment to human rights

2018-01-31 00:00:00 | BBVA
correspondence
2017-06-06 00:00:00

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
2017-03-31 00:00:00

Annual report 2016

2017-03-31 00:00:00 | BBVA
correspondence
2017-03-14 00:00:00

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
2017-02-21 00:00:00

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
2017-02-14 00:00:00

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
2016-11-30 00:00:00

Letter from 500 organisations to BBVA on financing DAPL

2016-11-30 00:00:00 | 500 organisations
our publications
2016-06-30 00:00:00

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
2016-05-25 00:00:00

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

2016-05-25 00:00:00 | BankTrack
annual reports
2016-03-31 00:00:00

Annual report 2015

2016-03-31 00:00:00 | BBVA
bank documents
2015-09-01 00:00:00

Financial Literacy at BBVA

2015-09-01 00:00:00 | BBVA
annual reports
2015-04-09 00:00:00

Responsible banking report 2014

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

Annual Report 2014

2015-04-09 00:00:00 | BBVA
our publications
2014-12-02 00:00:00

Banking with Principles?

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2014-12-02 00:00:00 | BankTrack
annual reports
2014-04-16 00:00:00

BBVA in 2013

2014-04-16 00:00:00
annual reports
2014-01-01 00:00:00

Corporate Responsibility 2013

2014-01-01 00:00:00
bank documents
2013-10-02 00:00:00

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
2013-03-15 00:00:00

BBVA in 2012

2013-03-15 00:00:00 | BBVA
our publications
2013-03-07 00:00:00

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
2012-11-11 00:00:00

2011 corporate responsibility annual report

2012-11-11 00:00:00 | BBVA Compass
annual reports
2012-07-04 00:00:00

Annual report 2011

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

2010 corporate responsibility annual report

2012-07-04 00:00:00 | BBVA
ngo documents
2012-06-20 00:00:00

Worldwide investments in Cluster munitions, a shared responsibility

2012-06-20 00:00:00 | IKV Pax Christi & FairFin
ngo documents
2012-03-01 00:00:00

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
2011-10-19 00:00:00

2011 Global Investor Statement on Climate Change

2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI
other documents
2011-05-05 00:00:00

Dirty Business: Spanish banks financing producers of controversial weapons

2011-05-05 00:00:00 | Profundo
annual reports
2011-03-11 00:00:00

Annual Report 2010

2011-03-11 00:00:00 | BBVA
correspondence
2010-12-18 00:00:00

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

2010-12-18 00:00:00 | Banktrack
our publications
2010-10-01 00:00:00

Close the Gap

Evaluacion de las politicas de inversion de los bancos internacionales
2010-10-01 00:00:00 | BankTrack
annual reports
2010-07-13 00:00:00

Corporate responsibility Report 2009

2010-07-13 00:00:00 | BBVA
our publications
2010-04-27 00:00:00

Close the Gap

Benchmarking investment policies of international banks
2010-04-27 00:00:00 | BankTrack
other documents
2010-04-01 00:00:00

BBVA cluster munitions investments

2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV PAX Christi
annual reports
2010-03-12 00:00:00

Annual report 2009

2010-03-12 00:00:00 | BBVA
bank documents
2008-09-01 00:00:00

Policy on Conduct in the Securities Markets

2008-09-01 00:00:00 | BBVA group
ngo documents
2007-12-15 00:00:00

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

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

Links

Finanzas Eticas

http://www.finanzaseticas.org/

BBVSA Responsible Banking

Principles and Policies

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

Policies

Voluntary initiatives

BBVA has committed itself to the following voluntary standards:
  • Carbon Disclosure Project
  • Collective Commitment to Climate Action (CCCA)
  • Equator Principles
  • Global Reporting Initiative
  • Green Bond Principles
  • Natural Capital Declaration
  • Paris Agreement Capital Transition Assessment (PACTA)
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)
  • Science Based Targets
  • Task Force on Climate-related Financial Disclosures
  • Thun Group on Human Rights
  • UN Guiding Principles on Business and Human Rights
  • UNEP Finance Initiative
  • United Nations Global Compact

Investment policies

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

Year:
csr policies
2020-12-31 00:00:00

General policy on corporate social responsibility

2020-12-31 00:00:00 | BBVA
csr policies
2020-12-23 00:00:00

Environmental and Social Framework

2020-12-23 00:00:00 | BBVA
csr policies
2020-10-31 00:00:00

Sustainability general policy

2020-10-31 00:00:00 | BBVA
csr policies
2020-03-31 00:00:00

Action plan on human rights

2020-03-31 00:00:00 | BBVA
csr policies
2019-12-31 00:00:00

Sustainable Transaction Banking Framework

2019-12-31 00:00:00 | BBVA
csr policies
2019-04-29 00:00:00

Code of Conduct

2019-04-29 00:00:00 | BBVA
csr policies
2019-03-31 00:00:00

Rules of Conduct in Defense

2019-03-31 00:00:00 | BBVA
csr policies
2019-03-11 00:00:00

Prevention of corruption

2019-03-11 00:00:00 | BBVA
csr policies
2019-03-01 00:00:00

Sector Norms

2019-03-01 00:00:00 | BBVA
csr policies
2018-07-09 00:00:00

Statement on sector norms

2018-07-09 00:00:00 | BBVA
csr policies
2018-05-08 00:00:00

Code of conduct for suppliers

2018-05-08 00:00:00 | BBVA
csr policies
2018-03-31 00:00:00

Dakota Access pipeline statement

2018-03-31 00:00:00 | BBVA
csr policies
2018-02-28 00:00:00

Environmental commitment

2018-02-28 00:00:00 | BBVA
csr policies
2018-02-14 00:00:00

Anti-money laundering compliance program

2018-02-14 00:00:00 | BBVA
csr policies
2018-01-31 00:00:00

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

Atlantic Coast Pipeline United States

Pipeline Transportation of Natural Gas
active

Dakota Access Pipeline United States

Pipeline Transportation of Crude Oil
on record

Camisea pipeline project Peru

Pipeline Transportation of Natural Gas
on record

SOCAR Aegean Refinery Turkey

Coal Electric Power Generation | Oil and Gas Extraction
on record

Trans Mountain Pipeline Expansion project (TMEP) Canada

Pipeline Transportation of Crude Oil

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…
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