The overall structure of the Principles for Responsible Banking—the most ambitious global sustainability agreement to date for the banking sector, signed by 130 banks around the world on September 2019 at United Nations headquarters in New York—will be the compass that guides banks towards sustainable development.

For this reason, since the COP24 held in Katowice, Poland, the BBVA Group has been progressively aligning its activity with the Paris Agreement, the "historic" convention approved in 2015 by 195 countries that recommends measures to reduce greenhouse gas emissions starting in 2020 and establishes goals and measures to decarbonize economies over the next three decades.

In light of this, in February 2018, the Group announced the BBVA Commitment 2025, which is based on a strategy to combat climate change and promote sustainable development.

The BBVA Commitment 2025 is founded on three distinct pillars:

As part of its commitment, in 2018, the BBVA Group announced its first sustainable funding target, mobilizing €100 billion between 2018 and 2025 for sustainable and environmentally responsible projects. The Bank's commitment to climate change contributes to the UN Sustainable Development Goals (SDGs) and to the objectives set out in the Paris Climate Agreement.

This objective was revised on June 8, 2021 to €200 billion. As of June 30, 2022, €112 billion had already been reached, a pace of funding that led to a further increase in the target to €300 billion.

Between 2018 and June 2022, 77% of sustainable finance was destined to climate action, namely climate change, and 23% to inclusive growth.