July 1, 2024

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A Day to Think about Banking and Sustainability

A Day to Think about Banking and Sustainability

Sustainability is one of the Group’s strategic priorities. Eduardo Osuna Osuna, Vice President and General Manager of BBVA México, summarized the three points: The goals set by the organization to promote sustainable business.being Firstly They encourage new businesses through sustainability, which translates into mobilizing €300 billion between 2018 and 2025 to help clients in this transformation.

he second The goal is to achieve net zero emissions by 2050, which means aligning the credit portfolio in five carbon-intensive sectors, with the aim of accompanying them in creating a decarbonization strategy. The sectors are: energy, steel, automotive, cement and coal. third The goal is to have a positive impact on society as the BBVA Group allocates €550 million between 2021 and 2025 to social initiatives to support inclusive growth.

“In terms of social justice, measures like limiting the use of cash are positive.”

For his part, Hugo Najera Alva, General Manager of Customer Solutions at BBVA Mexico, highlighted the importance of Corporate and investment bankingwhere there is a stronger and more immediate commitment to the actions being focused on. Mitigating the effects of climate changeOn the other hand, the director pointed out that Personal Banking There is important work in social justice, where measures like reducing the use of cash are positive, because that way people sign up for an account and that opens the door to financial services; the next step is to get the credits that help them grow and advance and achieve more prosperity.

Let’s Learn Together 2030 for Kids on Sustainability Day

Sergio Torres Lebrija, Sustainability Director at BBVA México, welcomed Mario and Peta, the protagonists of the initiative. Let’s learn together 2030 kids, which inspired young people in two seasons to dream, learn, reflect, and be engines of change. For this reason, Mario and Peeta explain in a fun way what sustainability is.

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