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  • Overall approach
    2/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/2
    • Target to reduce emissions in scope 1/2
    • Company must have anti-corruption policy
      2/2
      Yes, both an anti-corruption policy and a policy on prohibiting abusive tax arrangements
      2/2
      "The BBVA Group (hereinafter, BBVA) has a firm and irrevocable commitment to legality and ethical principles, especially evidenced in terms of corruption. BBVA not only rejects categorically any corrupt practice but also requires third parties, and assumes as its own, the responsibility to actively participate in the eradication and prevention of corruption, both in public and in private sector. To that end it, BBVA has in place several internal policies, procedures and controls that develop and complement programmatic principles and behavior patterns set out in section 4.3 of the Code of Conduct under the heading "Anti-corruption Policy". [...] The principles and behavior patterns are applicable to all entities that are part of BBVA and will be mandatory for all its directors, managers and employees in all the activities they perform on behalf of BBVA. In addition, its scope of application is extended to other people or entities outside BBVA, provided that they are commercially or professionally related to BBVA or its business and when their performance may entail a risk or give rise to BBVA's responsibility or may in any way undermine its reputation or good name. 3. Key aspects of the prevention of corruption at BBVA BBVA rejects, prevents and penalizes any corrupt practice and/or unfair behavior aimed at obtaining unlawful, undue or improper advantages for the entity, its directors, managers or employees." 
  • Commodity score
    28/90
    • Beef & Leather
      24/90
      • Commitment Strength
        7/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
        • Companies must monitor operations
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        5/27
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
            Type of policy: ILO; Forced Labour; Child Labour
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Activities that involve child or forced labor as defined in ILO conventions." -
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        12/31
        • Commitments must be timebound
          Encouraged
          2.5/5
          Commitments must be timebound
          Encouraged
          2.5/5
          Translation - "New clients will be accepted after an analysis during the on-boarding and know-your-client processes, and it must be confirmed that the client's practices are in line with the principles established by BBVA. The due diligence (DD) process consists of evaluating the engagement, the management capacities and the environmental and social performance of the client based on an analysis of an expert third party in sustainability and corporate governance as well as on the information provided by the client.The purpose of DD processes is to confirm that the client continues to comply with BBVA's principles and they are carried out periodically as long as the relationship with the client is maintained."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Annual or more frequent review
          2/2
          Policy is reviewed and updated
          Annual or more frequent review
          2/2
          "This Framework was approved on December 23, 2020. This version of the Framework includes trends in sustainability, social and environmental risks, as well as the expectations of stakeholders (investors, regulators, NGOs, etc.) at the time of preparation. of the same. These aspects, together with the best practices and industry standards, will be taken into account in future reviews of the same. With an annual periodicity, or before the occurrence of any event that requires changes in this Framework, the Global Sustainability Office will proceed to review it, and will submit to the consideration of the Director of Corporate & Investment Banking those updates and modifications that in each moment they are considered necessary or convenient."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "BBVA has a specific internal procedure for the implementation of the Framework, which establishes the process to be followed on environmental and social due diligence, in order to control its compliance in the following 2 areas: 1) Clients New clients will be accepted after an analysis where it will be evaluated that the client's activity is in line with what is established in this Framework, based on an analysis of a third party expert in ESG (environmental, social, and governance). . This due diligence process will be updated periodically as long as the relationship with the client is maintained. In the event of a breach of this Framework, the outcome of this due diligence process will be taken into account in clients' financial programs. 2) Transactions Compliance with this Framework in the case of transactions with a client is covered by the client's own due diligence process, with the exception of transactions directly related to a specific project or advocacy activity. These cases will be evaluated individually in relation to the good practices of the sector in order to analyze that none of the general exclusion criteria are met and that they are not intended for the prohibited activities defined for each sector. If a situation of exclusion or prohibition is identified, and therefore the result of the evaluation is negative, BBVA will not participate in the transaction."
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          "BBVA has a specific internal procedure for the implementation of the Framework, which establishes the process to be followed on environmental and social due diligence, in order to control its compliance in the following 2 areas: 1) Clients New clients will be accepted after an analysis where it will be evaluated that the client's activity is in line with what is established in this Framework, based on an analysis of a third party expert in ESG (environmental, social, and governance). . This due diligence process will be updated periodically as long as the relationship with the client is maintained. In the event of a breach of this Framework, the outcome of this due diligence process will be taken into account in clients' financial programs. 2) Transactions Compliance with this Framework in the case of transactions with a client is covered by the client's own due diligence process, with the exception of transactions directly related to a specific project or advocacy activity. These cases will be evaluated individually in relation to the good practices of the sector in order to analyze that none of the general exclusion criteria are met and that they are not intended for the prohibited activities defined for each sector. If a situation of exclusion or prohibition is identified, and therefore the result of the evaluation is negative, BBVA will not participate in the transaction."
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Palm oil
      34/90
      • Commitment Strength
        14/31
        • Commodity-specific deforestation financing policy
          5.6/9.6
          • Commitment details
            Protects priority forests
            4/8
            Commitment details
            Protects priority forests
            4/8
            [translation] "Forbidden activities BBVA provides services to the productive and commercial agents that are part of the agricultural production chain, but will not support the provision of financial services to clients and / or projects, subject to the provisions of section 2, when there is sufficient evidence. that clients and / or projects are involved in the following activities:[...] ▰ Clients engaged in the production, processing and commercialization of palm oil by companies that are not members or that are not in the process of being members of the Roundtable for Sustainable Palm Oil (RSPO Projects ▰ The burning of natural ecosystems with the purpose of clearing the land for the development of agricultural projects ▰ Elimination of High Conservation Value and High Carbon Content Forests ▰ Palm oil farms not certified or in the process of being certified by the Roundtable for Sustainable Palm Oil (RSPO) ▰ Palm oil exploitation in swamps and areas rich in peat"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            [translation] "Forbidden activities BBVA provides services to the productive and commercial agents that are part of the agricultural production chain, but will not support the provision of financial services to clients and / or projects, subject to the provisions of section 2, when there is sufficient evidence. that clients and / or projects are involved in the following activities:[...] ▰ Clients engaged in the production, processing and commercialization of palm oil by companies that are not members or that are not in the process of being members of the Roundtable for Sustainable Palm Oil (RSPO Projects ▰ The burning of natural ecosystems with the purpose of clearing the land for the development of agricultural projects ▰ Elimination of High Conservation Value and High Carbon Content Forests ▰ Palm oil farms not certified or in the process of being certified by the Roundtable for Sustainable Palm Oil (RSPO) ▰ Palm oil exploitation in swamps and areas rich in peat"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [translation] "Forbidden activities BBVA provides services to the productive and commercial agents that are part of the agricultural production chain, but will not support the provision of financial services to clients and / or projects, subject to the provisions of section 2, when there is sufficient evidence. that clients and / or projects are involved in the following activities:[...] ▰ Clients engaged in the production, processing and commercialization of palm oil by companies that are not members or that are not in the process of being members of the Roundtable for Sustainable Palm Oil (RSPO Projects ▰ The burning of natural ecosystems with the purpose of clearing the land for the development of agricultural projects ▰ Elimination of High Conservation Value and High Carbon Content Forests ▰ Palm oil farms not certified or in the process of being certified by the Roundtable for Sustainable Palm Oil (RSPO) ▰ Palm oil exploitation in swamps and areas rich in peat"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [translation] "Forbidden activities BBVA provides services to the productive and commercial agents that are part of the agricultural production chain, but will not support the provision of financial services to clients and / or projects, subject to the provisions of section 2, when there is sufficient evidence. that clients and / or projects are involved in the following activities:[...] ▰ Clients engaged in the production, processing and commercialization of palm oil by companies that are not members or that are not in the process of being members of the Roundtable for Sustainable Palm Oil (RSPO Projects ▰ The burning of natural ecosystems with the purpose of clearing the land for the development of agricultural projects ▰ Elimination of High Conservation Value and High Carbon Content Forests ▰ Palm oil farms not certified or in the process of being certified by the Roundtable for Sustainable Palm Oil (RSPO) ▰ Palm oil exploitation in swamps and areas rich in peat"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [translation] "Forbidden activities BBVA provides services to the productive and commercial agents that are part of the agricultural production chain, but will not support the provision of financial services to clients and / or projects, subject to the provisions of section 2, when there is sufficient evidence. that clients and / or projects are involved in the following activities:[...] ▰ Clients engaged in the production, processing and commercialization of palm oil by companies that are not members or that are not in the process of being members of the Roundtable for Sustainable Palm Oil (RSPO Projects ▰ The burning of natural ecosystems with the purpose of clearing the land for the development of agricultural projects ▰ Elimination of High Conservation Value and High Carbon Content Forests ▰ Palm oil farms not certified or in the process of being certified by the Roundtable for Sustainable Palm Oil (RSPO) ▰ Palm oil exploitation in swamps and areas rich in peat"
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
        • Companies must monitor operations
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): RSPO
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Non-certified Palm oil operations or not in the process of obtaining certification by the Roundtable on Sustainable Palm Oil (RSPO) "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Non-certified Palm oil operations or not in the process of obtaining certification by the Roundtable on Sustainable Palm Oil (RSPO) "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Non-certified Palm oil operations or not in the process of obtaining certification by the Roundtable on Sustainable Palm Oil (RSPO) "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Non-certified Palm oil operations or not in the process of obtaining certification by the Roundtable on Sustainable Palm Oil (RSPO) "
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Non-certified Palm oil operations or not in the process of obtaining certification by the Roundtable on Sustainable Palm Oil (RSPO) "
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        5/27
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
            Type of policy: ILO; Forced Labour; Child Labour
             "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Activities that involve child or forced labor as defined in ILO conventions." -
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        15/31
        • Commitments must be timebound
          Required
          5/5
          Commitments must be timebound
          Required
          5/5
          "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Non-certified Palm oil operations or not in the process of obtaining certification by the Roundtable on Sustainable Palm Oil (RSPO) "
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Annual or more frequent review
          2/2
          Policy is reviewed and updated
          Annual or more frequent review
          2/2
          "This Framework was approved on December 23, 2020. This version of the Framework includes trends in sustainability, social and environmental risks, as well as the expectations of stakeholders (investors, regulators, NGOs, etc.) at the time of preparation. of the same. These aspects, together with the best practices and industry standards, will be taken into account in future reviews of the same. With an annual periodicity, or before the occurrence of any event that requires changes in this Framework, the Global Sustainability Office will proceed to review it, and will submit to the consideration of the Director of Corporate & Investment Banking those updates and modifications that in each moment they are considered necessary or convenient."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "BBVA has a specific internal procedure for the implementation of the Framework, which establishes the process to be followed on environmental and social due diligence, in order to control its compliance in the following 2 areas: 1) Clients New clients will be accepted after an analysis where it will be evaluated that the client's activity is in line with what is established in this Framework, based on an analysis of a third party expert in ESG (environmental, social, and governance). . This due diligence process will be updated periodically as long as the relationship with the client is maintained. In the event of a breach of this Framework, the outcome of this due diligence process will be taken into account in clients' financial programs. 2) Transactions Compliance with this Framework in the case of transactions with a client is covered by the client's own due diligence process, with the exception of transactions directly related to a specific project or advocacy activity. These cases will be evaluated individually in relation to the good practices of the sector in order to analyze that none of the general exclusion criteria are met and that they are not intended for the prohibited activities defined for each sector. If a situation of exclusion or prohibition is identified, and therefore the result of the evaluation is negative, BBVA will not participate in the transaction."
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          "BBVA has a specific internal procedure for the implementation of the Framework, which establishes the process to be followed on environmental and social due diligence, in order to control its compliance in the following 2 areas: 1) Clients New clients will be accepted after an analysis where it will be evaluated that the client's activity is in line with what is established in this Framework, based on an analysis of a third party expert in ESG (environmental, social, and governance). . This due diligence process will be updated periodically as long as the relationship with the client is maintained. In the event of a breach of this Framework, the outcome of this due diligence process will be taken into account in clients' financial programs. 2) Transactions Compliance with this Framework in the case of transactions with a client is covered by the client's own due diligence process, with the exception of transactions directly related to a specific project or advocacy activity. These cases will be evaluated individually in relation to the good practices of the sector in order to analyze that none of the general exclusion criteria are met and that they are not intended for the prohibited activities defined for each sector. If a situation of exclusion or prohibition is identified, and therefore the result of the evaluation is negative, BBVA will not participate in the transaction."
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Soy
      27/90
      • Commitment Strength
        10/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
        • Companies must monitor operations
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            Certification scheme (if applicable): RTRS

            Type of policy: Assurance mechanism
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Soy Roundtable on Responsible Soy Association (RTRS) Basel Criteria for Responsible Soy Production CGF Responsible Soy Sourcing Guidelines"
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Soy Roundtable on Responsible Soy Association (RTRS) Basel Criteria for Responsible Soy Production CGF Responsible Soy Sourcing Guidelines"
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Soy Roundtable on Responsible Soy Association (RTRS) Basel Criteria for Responsible Soy Production CGF Responsible Soy Sourcing Guidelines"
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Soy Roundtable on Responsible Soy Association (RTRS) Basel Criteria for Responsible Soy Production CGF Responsible Soy Sourcing Guidelines"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Soy Roundtable on Responsible Soy Association (RTRS) Basel Criteria for Responsible Soy Production CGF Responsible Soy Sourcing Guidelines"
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        5/27
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
            Type of policy: ILO; Forced Labour; Child Labour
             "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Activities that involve child or forced labor as defined in ILO conventions." -
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        12/31
        • Commitments must be timebound
          Encouraged
          2.5/5
          Commitments must be timebound
          Encouraged
          2.5/5
          Translation - "New clients will be accepted after an analysis during the on-boarding and know-your-client processes, and it must be confirmed that the client's practices are in line with the principles established by BBVA. The due diligence (DD) process consists of evaluating the engagement, the management capacities and the environmental and social performance of the client based on an analysis of an expert third party in sustainability and corporate governance as well as on the information provided by the client.The purpose of DD processes is to confirm that the client continues to comply with BBVA's principles and they are carried out periodically as long as the relationship with the client is maintained."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Annual or more frequent review
          2/2
          Policy is reviewed and updated
          Annual or more frequent review
          2/2
          "This Framework was approved on December 23, 2020. This version of the Framework includes trends in sustainability, social and environmental risks, as well as the expectations of stakeholders (investors, regulators, NGOs, etc.) at the time of preparation. of the same. These aspects, together with the best practices and industry standards, will be taken into account in future reviews of the same. With an annual periodicity, or before the occurrence of any event that requires changes in this Framework, the Global Sustainability Office will proceed to review it, and will submit to the consideration of the Director of Corporate & Investment Banking those updates and modifications that in each moment they are considered necessary or convenient."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "BBVA has a specific internal procedure for the implementation of the Framework, which establishes the process to be followed on environmental and social due diligence, in order to control its compliance in the following 2 areas: 1) Clients New clients will be accepted after an analysis where it will be evaluated that the client's activity is in line with what is established in this Framework, based on an analysis of a third party expert in ESG (environmental, social, and governance). . This due diligence process will be updated periodically as long as the relationship with the client is maintained. In the event of a breach of this Framework, the outcome of this due diligence process will be taken into account in clients' financial programs. 2) Transactions Compliance with this Framework in the case of transactions with a client is covered by the client's own due diligence process, with the exception of transactions directly related to a specific project or advocacy activity. These cases will be evaluated individually in relation to the good practices of the sector in order to analyze that none of the general exclusion criteria are met and that they are not intended for the prohibited activities defined for each sector. If a situation of exclusion or prohibition is identified, and therefore the result of the evaluation is negative, BBVA will not participate in the transaction."
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          "BBVA has a specific internal procedure for the implementation of the Framework, which establishes the process to be followed on environmental and social due diligence, in order to control its compliance in the following 2 areas: 1) Clients New clients will be accepted after an analysis where it will be evaluated that the client's activity is in line with what is established in this Framework, based on an analysis of a third party expert in ESG (environmental, social, and governance). . This due diligence process will be updated periodically as long as the relationship with the client is maintained. In the event of a breach of this Framework, the outcome of this due diligence process will be taken into account in clients' financial programs. 2) Transactions Compliance with this Framework in the case of transactions with a client is covered by the client's own due diligence process, with the exception of transactions directly related to a specific project or advocacy activity. These cases will be evaluated individually in relation to the good practices of the sector in order to analyze that none of the general exclusion criteria are met and that they are not intended for the prohibited activities defined for each sector. If a situation of exclusion or prohibition is identified, and therefore the result of the evaluation is negative, BBVA will not participate in the transaction."
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
    • Timber, Pulp & Paper
      27/90
      • Commitment Strength
        10/31
        • Commodity-specific deforestation financing policy
          3.6/9.6
          • Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            Commitment details
            Protects globally important landscapes (including UNESCO World Heritage Sites RAMSAR wetlands IUCN category 1-4 areas protected areas)
            2/8
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing pro"BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] Projects located or in the vicinity of UNESCO World Heritage sites, List of Ramsar wetlands, Alliance for Zero Extinction sites and Category I-IV areas of the International Union for the Conservation of Nature."
        • Companies must be legally operated
          3.1/4.6
          • Commitment details
            Companies own operations - Required
            1.5/3
            Commitment details
            Companies own operations - Required
            1.5/3
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            [translation] "BBVA will not support the provision of financial services to clients or projects, subject to the provisions of section 2, when there is sufficient evidence that any of the following assumptions: ▰ Companies for which BBVA has sufficient evidence that they are committing violations applicable laws and regulations regarding human rights, or participation in abuses of the same regardless of whether said participation does not violate what is stated in the local legislation of each country."
        • Companies must monitor operations
          3.6/5.6
          • Commitment details
            Encouraged
            2/4
            Commitment details
            Encouraged
            2/4
            Type of policy: Assurance mechanism

            Certification scheme (if applicable): FSC
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Wood Forest Stewardship Council (FSC)Certification Programme for the Endorsement Forest Certification (PEFC) FSC chain of custody certificate "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Wood Forest Stewardship Council (FSC)Certification Programme for the Endorsement Forest Certification (PEFC) FSC chain of custody certificate "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Wood Forest Stewardship Council (FSC)Certification Programme for the Endorsement Forest Certification (PEFC) FSC chain of custody certificate "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Wood Forest Stewardship Council (FSC)Certification Programme for the Endorsement Forest Certification (PEFC) FSC chain of custody certificate "
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Translation - "This standard covers BBVA's investment and financing advisory services to companies and projects related to the agriculture, livestock and fishing sector. Companies, or groups whose main activity is the cultivation and production of agricultural, forestry, livestock and fishing products, in particular those with the greatest impact, such as palm oil, soybean, cocoa, coffee, cotton, tobacco, intensive aquaculture, and forest products. New projects, developments and / or expansion of existing projects that cover the production and / or processing phases of livestock and fisheries forest products. This standard includes activities related to soil cultivation, forestry management, livestock and fishing. [...] Translation - “Standards and requirements BBVA will assess that its clients comply with local legislation and will promote the support for internationally recognized initiatives.[...] Wood Forest Stewardship Council (FSC)Certification Programme for the Endorsement Forest Certification (PEFC) FSC chain of custody certificate "
        • Companies must conduct risk assessments
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must specify a cut-off date
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Social Considerations
        5/27
        • Company must ensure Free, Prior and Informed Consent
          5.6/5.6
          • Commitment details
            Required
            4/4
            Commitment details
            Required
            4/4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all operations and financing
            All financing
            0.4/0.4
            Policy applies to all operations and financing
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all deals
            All financing
            0.4/0.4
            Policy applies to all deals
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all companies
            All financing
            0.4/0.4
            Policy applies to all companies
            All financing
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Projects that entail the resettlement or violation of rights of indigenous peoples, without their free, prior and informed consent (FPIC) "
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
            Commitment details
            No
            0/4
            Type of policy: ILO; Forced Labour; Child Labour
             "BBVA will not provide financial services to projects or clients whose core business is linked to any of the following activities or environmental and social impacts: [...] • Activities that involve child or forced labor as defined in ILO conventions." -
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
        • Companies must resolve land conflicts
          0/1.6
          • Commitment details
            No
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            None
            0/0.4
      • Reporting and Implementation
        12/31
        • Commitments must be timebound
          Encouraged
          2.5/5
          Commitments must be timebound
          Encouraged
          2.5/5
          Translation - "New clients will be accepted after an analysis during the on-boarding and know-your-client processes, and it must be confirmed that the client's practices are in line with the principles established by BBVA. The due diligence (DD) process consists of evaluating the engagement, the management capacities and the environmental and social performance of the client based on an analysis of an expert third party in sustainability and corporate governance as well as on the information provided by the client.The purpose of DD processes is to confirm that the client continues to comply with BBVA's principles and they are carried out periodically as long as the relationship with the client is maintained."
        • Companies must disclose subsidiaries in commodity supply chains
          No
          0/4
        • Companies must disclose locations
          No
          0/4
        • Policy is reviewed and updated
          Annual or more frequent review
          2/2
          Policy is reviewed and updated
          Annual or more frequent review
          2/2
          "This Framework was approved on December 23, 2020. This version of the Framework includes trends in sustainability, social and environmental risks, as well as the expectations of stakeholders (investors, regulators, NGOs, etc.) at the time of preparation. of the same. These aspects, together with the best practices and industry standards, will be taken into account in future reviews of the same. With an annual periodicity, or before the occurrence of any event that requires changes in this Framework, the Global Sustainability Office will proceed to review it, and will submit to the consideration of the Director of Corporate & Investment Banking those updates and modifications that in each moment they are considered necessary or convenient."
        • Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          Monitoring and non-compliance process
          Screening and monitoring process
          5/5
          "BBVA has a specific internal procedure for the implementation of the Framework, which establishes the process to be followed on environmental and social due diligence, in order to control its compliance in the following 2 areas: 1) Clients New clients will be accepted after an analysis where it will be evaluated that the client's activity is in line with what is established in this Framework, based on an analysis of a third party expert in ESG (environmental, social, and governance). . This due diligence process will be updated periodically as long as the relationship with the client is maintained. In the event of a breach of this Framework, the outcome of this due diligence process will be taken into account in clients' financial programs. 2) Transactions Compliance with this Framework in the case of transactions with a client is covered by the client's own due diligence process, with the exception of transactions directly related to a specific project or advocacy activity. These cases will be evaluated individually in relation to the good practices of the sector in order to analyze that none of the general exclusion criteria are met and that they are not intended for the prohibited activities defined for each sector. If a situation of exclusion or prohibition is identified, and therefore the result of the evaluation is negative, BBVA will not participate in the transaction."
        • Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          Engagement with non-compliant companies
          Engage with non-compliant companies without a time-bound threat of divestment
          2.5/5
          "BBVA has a specific internal procedure for the implementation of the Framework, which establishes the process to be followed on environmental and social due diligence, in order to control its compliance in the following 2 areas: 1) Clients New clients will be accepted after an analysis where it will be evaluated that the client's activity is in line with what is established in this Framework, based on an analysis of a third party expert in ESG (environmental, social, and governance). . This due diligence process will be updated periodically as long as the relationship with the client is maintained. In the event of a breach of this Framework, the outcome of this due diligence process will be taken into account in clients' financial programs. 2) Transactions Compliance with this Framework in the case of transactions with a client is covered by the client's own due diligence process, with the exception of transactions directly related to a specific project or advocacy activity. These cases will be evaluated individually in relation to the good practices of the sector in order to analyze that none of the general exclusion criteria are met and that they are not intended for the prohibited activities defined for each sector. If a situation of exclusion or prohibition is identified, and therefore the result of the evaluation is negative, BBVA will not participate in the transaction."
        • Reporting on implementation of the policy
          No
          0/6
        • Ethical product in portfolio
          No
  • Commitment strength
    10/31
    Avg. score
  • Reporting and Implementation
    13/31
    Avg. score
  • Social considerations
    5/28
    Avg. score

Profile

Banco Bilbao Vizcaya Argentaria (BBVA) are a global financial services group based in Spain with activities in corporate, retail and investment banking. Their services include retail banking, insurance, pensions, asset management and corporate lending. As of 2017, BBVA'a has more than 690 billion EUR in total assets and more than 416 billion EUR in loans and advances to customers. BBVA are among the top lenders to Forest 500 companies, with loans to companies across several sectors, including food retail and packaged food.

HQ
HQ 
Spain
Financial institution type
Financial institution type 
Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.