ESG Advisory Service
ESG Advisory Service
BBVA offers its clients a very broad knowledge of sustainability and specific advice depending on the industries in which clients interact.
BBVA offers its wholesale clients a comprehensive range of advisory services to support their sustainability goals. This global approach aims to foster dialogue on sustainability with all clients, regardless of their sector or level of advancement in this area.
At BBVA we are willing to share our knowledge and to support clients in developing and implementing sustainable policies that contribute to the transition to a low-carbon economy. It also proactively encourages our clients to develop credible sustainability plans aligned with their business strategies. This strategic dialogue is not only aimed at the finance team, but also includes the strategy, corporate social responsibility and investor relations departments.
ESG dialogue with clients
Sustainability is part of the recurring dialogue with our wholesale clients and of the value proposition presented, both at strategic and commercial level, and is integrated into the processes of admission, pricing and risk management.
BBVA provides direct support to its wholesale clients, both global and non-global, in incorporating ESG practices into their business strategies and operations, and BBVA interacts and shares knowledge and best practices with its wholesale clients.
In 2020, the ESG Advisory service was created to help global clients in their transition to a more sustainable future in all sectors of activity. It is a data-driven proposal aimed at facilitating the goals that clients are taking on to align with the Paris Agreement and advance in the United Nations' 2030 Sustainable Agenda.
Our dialogue with clients on ESG issues is based on the following elements:
An overview of how sustainability is evolving in the political and financial context, explaining key regulatory issues, reporting, financial market developments, ESG ratings, etc.
Focusing on some of the industries facing the greatest challenges in the transition to a low-carbon economy: oil and gas, power generation, automotive and automotive suppliers, as well as other industries such as infrastructure, processed food, beverages, cement, fintechs and pharmaceuticals.
Specialization in areas such as Cleantech, Biodiversity, ESG Rating, Carbon Markets and Natural Based Solutions, where BBVA provides specific advice to clients with the idea of supporting and, where appropriate, accelerating their transition with debt and equity solutions.
Support in the analysis of clients' Scope 3 emissions and the carbon footprint of their suppliers, with the aim of designing future strategies to reduce the environmental impact of value chains and increase their resilience.
Offer clients a range of sustainable or sustainability-enhancing products (bonds, loans, transaction banking, etc.) that not only meet their financial needs but also support their sustainable transformation.
Sectoral Specialization
Sectoral specialization is key to successfully managing decarbonization while supporting our clients
Sustainability is one of the six strategic priorities for BBVA, so we have designed products by which we can accompany our customers in their transition to greener and more inclusive forms of production, for example, sustainability-linked loans or sustainability-linked supply chain finance, through which we can support the transition not only of large corporations but also their supply chain. In addition, BBVA Corporate Banking supports the automotive industry through specialized service of its bankers, both in investment banking and transactional banking.
In an increasingly demanding business environment focused on long-term sustainable growth, BBVA CIB adopts a highly specialized sectoral approach, and thus becomes a strategic partner in the sustainable transition of its wholesale clients, especially those who are in an early phase of adopting more sustainable practices in their business models.
BBVA CIB implements a highly specialized sectoral approach that allows it to become a strategic ally in the energy transition of its wholesale clients.
Companies need close and expert advice, to support them in the definition of specific finance solutions, in the implementation of the sustainable transition process,
BBVA CIB has a relationship model that focuses on the sustainability of production models and seeks to accompany clients by establishing solid and long-term relationships. In this context, sectoral specialization emerges as a differential factor for investment banking, allowing support and differential advisory to its clients while giving them a competitive advantage within an increasingly complex and demanding financial sector.
Industry experts emerge as a key differentiating factor to manage decarbonization and support our clients, given that each industry has its own set of challenges to overcome and may be slower or faster than others.
BBVA CIB's advisory model is structured around seven key industries in order to manage the opportunities arising from the energy transition in a more proactive manner. BBVA CIB has appointed global sector heads in those industries that have been defined as priorities because they are key axes in current sustainability trends:
Consumer
Retail and healthcare
Energy
Industry and transportation
Infrastructure and construction
Technology, media and communication
Financial Institutions
Financial Sponsors
This segmentation allows us to be one strategic partner that accompanies our wholesale clients in their strategic decisions thanks to a more personalized and expert service, aligning its resources with the specific needs of each sector.
To support these sector bankers, there are also dedicated sustainability and ESG advisory teams that provide the necessary support to address client-specific sustainability needs with a special focus on the sectors with the highest emissions.
Clean Technologies
BBVA recognized the importance of sustainability and placed it as a key pillar of its strategy. Since then, the entity has become a significant player in the Project Finance sector, financing Utilities, Developers and Financial Backers to help build and operate renewable energy assets.
BBVA focuses especially on several categories of emerging technologies, which are central to the upcoming decarbonization process:
Electrification
with the transition to electric vehicles and power generation technologies and storage systems to increase the presence of renewable energies in the electricity sector.
The development of green molecules
such as hydrogen and SAF fuels, targeting sectors that cannot be easily electrified.
The reduction of emissions
through energy efficiency solutions.
The removal of CO2
from the atmosphere that could not be avoided by the previous three steps.
BBVA is actively positioning itself to advise its clients and finance their renewable hydrogen projects, which are as complex as they are necessary for the success of the decarbonization of our economies.