Friday, November 8, 2024
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BBVA: Joins the net zero emission banking alliance

  • BBVA leading the transformation of banking worldwide, united in pursuing goal of bringing the age of opportunity to everyone
  • Banks in this international alliance commit to ensuring that all of their credit and investment portfolios
  • At BBVA own activity already carbon-neutral and also want to be so in indirect emissions
  • With this alliance, each bank commits to set intermediate decarbonization goals for 2030 in line with the goal
  • BBVA reduce to zero its exposure to coal-related activities, stopping the financing of companies in this business by 2030 in developed countries
  • In 2020, BBVA attained carbon neutrality for its own activities thanks to the use of renewable energy

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