3% reduction in electricity consumption per occupant.
65% of energy from renewable sources.
56% reduction in CO2 emissions per occupant.
Each year, environmental challenges take on greater importance for communities, organizations and countries. In a world with finite resources, financial institutions play an important role; in this connection, the BBVA Mexico Group demonstrates its commitment to the environment, implementing various actions, both individually and in conjunction with international organizations, such as the United Nations and its Sustainable Development Goals.
Equator Principles
In line with the BBVA Group's commitment to the environment, it signed up to the Equator Principles (EP) in 2004, which set out a number of standards for managing environmental and social risk as part of project finance.
Transactions financed under the Equator Principles in Mexico and signed in 2019
| Category |
Sector of operations |
Amount financed by BBVA Mexico Group in million MXN |
|---|---|---|
| B |
Real estate (8 projects) |
$ 23,020.48 |
| C | Property assets | $ 4,200.00 |
| B |
Oil & gas (2 projects) |
$ 4,235.47 |
| B | Renewable energies | $ 9,048.51 |
| Total | 12 projects | $ 40,504.47 |
Global Eco-Efficiency Plan
Starting in 2016, the BBVA Group established different objectives based on its commitment to the environment to establish the 2016-2020 Global Eco-Efficiency Plan (GEP). Year after year, the BBVA Mexico Group has worked on and implemented various initiatives to continue reducing its environmental footprint and reaching the goals that the GEP set for 2020.
Environmental management and sustainable construction
29% of occupants in environmentally certified buildings.
|
13,062 occupants
in environmentally certified buildings. |
Energy and climate change
BBVA Mexico's energy sources are divided between electricity consumption (supplied by CFE and a private company that supplies renewable wind energy), LP gas consumption, natural gas and diesel.
Energy
|
743,635 GJ
Total electrical power consumption |
4.46 MWh/employee
Electrical power consumed per occupant |
Renewable Energy
|
222,037 GJ
Electricity use from renewable sources |
In 2019, the BBVA Mexico Group increased its renewable energy consumption by 14% year-on-year.
Emissions
|
114,520 Tons
Total emissions of CO2eq |
Water
|
428,051 m3
Total water consumption |
9.24 m3/employee
Water consumption per employee |
Paper and waste
Paper consumption
|
1,246,244 kg
Total paper consumption |
26.9 kg/employee
Total paper consumption per employee |
25% reduction in paper consumption compared to 2018.
Waste managed
|
1,125,661 kg
Non-hazardous waste |
18,167 kg
Hazardous waste |
Extended commitment
Environmental Ecoefficiency Policy
To contribute to a more sustainable world, the BBVA Group has an Environmental Ecoefficiency Policy, in which it reveals its strong commitment to the environment, its objectives and promotes environmental education among all its employees.
In 2019, the institution launched an Environmental Management course for its employees as part of its communication and awareness strategy and as part of its application for the ISO 14001: Environmental Management System certification.
Visit the following page to learn more about sustainability developments and BBVA's commitment to the environment: https://www.bbva.com/es/medio-ambiente/.
Suppliers and responsible purchasing
The integration of ethical, social and environmental factors into the supply chain is part of the BBVA Mexico Group's responsibility to its stakeholders and the creation of a sustainable market and institution.
Increase of 11% in the number of suppliers to have undergone the approval process in comparison with 2018.
Of total suppliers that underwent the approval process in 2019, 87% were approved.