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Last update: 2024-10-07 00:00:00

Active

This profile is actively maintained

Last update: 2024-10-07 00:00:00

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About

Website	https://www.bbva.com/en/
Headquarters	C. Sauceda, 28 28050 Madrid Spain
CEO/chair	Onur Genç CEO
Supervisor	Banco de España
Ownership	listed on Bolsa de Madrid, Bolsa Mexicana de Valores & NYSE BBVA's shareholder structure can be accessed here.

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.

Sustainability

Commitments

Policies

Voluntary standards

BBVA's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

Principles and policies

Suppliers' Code of Conduct

Bank policy

2024-10-01 00:00:00 | BBVA

Code of Conduct

Bank policy

2024-06-30 00:00:00 | BBVA

Environmental and Social Framework

Bank policy

2024-05-13 00:00:00 | BBVA

Commitment to Human Rights

Bank policy

2023-12-18 00:00:00 | BBVA

Action Plan on Human Rights 2021-22 & 2023

Bank policy

2023-07-31 00:00:00 | BBVA

Commitment to reduce emissions from oil and gas client portfolio by 30% by 2030

Bank policy

2022-10-05 00:00:00 | BBVA

BBVA commits to reduce emissions from its oil and gas client portfolio by 30% by 2030

Bank policy

2022-10-05 00:00:00 | BBVA

Sustainability general policy

Bank policy

2022-09-28 00:00:00 | BBVA

General policy on corporate social responsibility

Bank policy

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

Sustainable Transaction Banking Framework

Bank policy

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

Rules of Conduct in Defense

Bank policy

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

Prevention of corruption

Bank policy

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

Sector Norms

Bank policy

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

Statement on sector norms

Bank policy

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

Code of conduct for suppliers

Bank policy

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

Dakota Access pipeline statement

Bank policy

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

Environmental commitment

Bank policy

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

Anti-money laundering compliance program

Bank policy

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

Commitment to human rights

Bank policy

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

BBVA has committed itself to the following voluntary standards:

Carbon Disclosure ProjectTags: carbon | climate change | greenhouse gas emissions

Collective Commitment to Climate Action (CCCA)Tags: climate change | corporate social responsibility | United Nations

Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development

Global Reporting InitiativeTags: sustainable development | human rights

Green Bond PrinciplesTags: bond issuance | investment | sustainable development

Natural Capital DeclarationTags: sustainable development | finance | natural resources | corporate social responsibility

Net-Zero Banking Alliance (NZBA)Tags: climate change | corporate social responsibility | energy | energy plants

Paris Agreement Capital Transition Assessment (PACTA)Tags: corporate social responsibility

Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations

Science Based TargetsTags: climate change | corporate social responsibility

Task Force on Climate-related Financial Disclosures (TCFD)Tags: corporate social responsibility | finance

Taskforce on Nature-related Financial Disclosures (TNFD)Tags: corporate social responsibility | finance

Thun Group on Human RightsTags: Human Rights

UN Guiding Principles on Business and Human RightsTags: United Nations | human rights

UNEP Finance InitiativeTags: United Nations | sustainable development

United Nations Global CompactTags: United Nations | human rights

Dodgy Deals

BBVA is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of BBVA's link to these deals.

Projects / Companies

Finance type

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News

BankTrack

Partners

Blog

External

Active

Active

Links

Sustainability

Principles and policies

Suppliers' Code of Conduct

Code of Conduct

Environmental and Social Framework

Commitment to Human Rights

Action Plan on Human Rights 2021-22 & 2023

Commitment to reduce emissions from oil and gas client portfolio by 30% by 2030

BBVA commits to reduce emissions from its oil and gas client portfolio by 30% by 2030

Sustainability general policy

General policy on corporate social responsibility

Sustainable Transaction Banking Framework

Rules of Conduct in Defense

Prevention of corruption

Sector Norms

Statement on sector norms

Code of conduct for suppliers

Dakota Access pipeline statement

Environmental commitment

Anti-money laundering compliance program

Commitment to human rights

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European financial institutions invest billions in arms companies that sell weapons to Israel

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The credit chainsaw

67 organisations call on banks to cease financing metallurgical coal

Europe’s top 20 banks need to be clearer, cleaner and greener

Decarbonization: steel not making the cut

Policy analysis report: Moving away from mass destruction

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New report: Canadian bank RBC the #1 financier of fossil fuels, world’s biggest banks continued to pour billions into fossil fuel expansion

Emissions trap: Financial institutions still feeding the gas industry

Banks' energy policies reflect net-zero ambition gap

Europe’s largest banks falling short on climate and biodiversity action

New human rights assessment of banks shows slow progress and lack of action to address key gaps on reporting and remedy

Bank financiers of harmful wood biomass have no policies addressing impacts, shows new study

BBVA to work with oil and gas clients to lower their emissions

European Parliament passes emergency resolution against human rights violations & environmental threats linked to EACOP

BankTrack hosts webinars on the 2022 Banking on Climate Chaos report

12 banks lend $8 billion to oil and gas expansionist TotalEnergies

New report: Despite ‘net zero’ rhetoric, world’s biggest banks continued to pour billions into fossil fuel expansion in 2021

What the war in Ukraine teaches us

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

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

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

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

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

European banks storing €20bn a year in tax havens

New research puts big banks’ sustainability claims in doubt

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

Fossil assets: the new subprimes?

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

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

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

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

Turkish bank to stop funding coal projects

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

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

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

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

Principles for Responsible Banking no obstacle to finance climate destruction

New BankTrack Equator Principles reporting tracking tool launched

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

Banking on Climate Change – Fossil Fuel Finance Report Card 2020

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

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

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