BBVA in 2012
BBVA in 2012
BBVA in 2012
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
The ResponsibleBus<strong>in</strong>ess Plan2013-2015 will bepublished <strong>in</strong> thefirst half of 2013The ma<strong>in</strong> objectives proposed for this plan are:• Promote a cultural change with people at the core.• Improve external and <strong>in</strong>ternal reputation.• Increase customer satisfaction.• Extend the generation of shared value <strong>in</strong> communities where we are present.The Responsible Bus<strong>in</strong>ess Plan 2013-2015 will be published <strong>in</strong> the first half of 2013.<strong>BBVA</strong> ma<strong>in</strong>ta<strong>in</strong>s itscommitment to thema<strong>in</strong> <strong>in</strong>ternationalagreementson corporateresponsibility andsusta<strong>in</strong>ability<strong>BBVA</strong> also ma<strong>in</strong>ta<strong>in</strong>s its commitment to the ma<strong>in</strong> <strong>in</strong>ternational agreements on corporateresponsibility and susta<strong>in</strong>ability, such as the United Nations Global Compact and the MillenniumDevelopment Goals, the UN Environment Programme F<strong>in</strong>ance Initiative (UNEP FI), the EquatorPr<strong>in</strong>ciples, the UN Pr<strong>in</strong>ciples for Responsible Investment (PRI) and the Carbon Disclosure Project.At the same time, the Group publicly recognizes its respect for the United Nations Declaration onHuman Rights, the basic labor standards of the International Labour Organization and the OECDguidel<strong>in</strong>es for mult<strong>in</strong>ational companies. It is also aligned with the corporate social responsibilitypolicy published <strong>in</strong> 2011 by the European Commission.<strong>BBVA</strong> cont<strong>in</strong>ues to participate actively <strong>in</strong> the International Integrated Report<strong>in</strong>g Council(IIRC), with<strong>in</strong> the framework of the IIRC Pilot Program. It therefore plays a key role <strong>in</strong> theimplementation of a global and common framework for <strong>in</strong>tegrated corporate report<strong>in</strong>g.For the first time <strong>in</strong> <strong>2012</strong> <strong>BBVA</strong> became part of the Thun Group, a f<strong>in</strong>ancial sector <strong>in</strong>itiative thatbr<strong>in</strong>gs together the follow<strong>in</strong>g <strong>in</strong>stitutions: Barclays, BNP Paribas, Credit Suisse, Deutsche Bank,ING, ROBS, UBS, Unicredit and WestLB, with the support of the Competence Center for HumanRights of the University of Zurich. The group aims to contribute toward implement<strong>in</strong>g guid<strong>in</strong>gpr<strong>in</strong>ciples on bus<strong>in</strong>ess and human rights <strong>in</strong> the f<strong>in</strong>ancial sector. The result of this work<strong>in</strong>g grouphas been an <strong>in</strong>itial draft of a practical document that is a guide for focus<strong>in</strong>g and implement<strong>in</strong>gthese pr<strong>in</strong>ciples <strong>in</strong> the f<strong>in</strong>ancial sector. Currently the relevant UN agencies, organizations andstakeholders <strong>in</strong> general are be<strong>in</strong>g asked for their contributions for <strong>in</strong>tegration <strong>in</strong>to the f<strong>in</strong>aldocument. It will be published <strong>in</strong> 2013.Lastly, also worth not<strong>in</strong>g is <strong>BBVA</strong>’s presence <strong>in</strong> <strong>2012</strong> at the Rio+20 Summit, the United Nationsconference on susta<strong>in</strong>able development. The summit was held 20 years on from the first <strong>in</strong> Riode Janeiro <strong>in</strong> 1992. It provided another opportunity to renew the global political commitmentto susta<strong>in</strong>able development and act to eradicate poverty and environmental destruction,while construct<strong>in</strong>g a bridge toward the future and analyz<strong>in</strong>g the progress made <strong>in</strong> susta<strong>in</strong>abledevelopment.For more <strong>in</strong>formation on local <strong>in</strong>itiatives <strong>in</strong> each of the core corporate responsibility policy areas,see the website www.bancaparatodos.com/en/.18 Executive summary