Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 280

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 280
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 that are sustainable or promote sustainability (bonds, loans, transactional banking activities, etc.) that not only meet their financial needs, but also support their sustainable transformation.

BBVA also provides direct support to its wholesale, business and SME clients, both global and non-global, in making ESG practices part of their business strategies and operations. This is achieved through one-on-one visits, mass outreach events, and project consulting focused on initiatives such as energy efficiency and efficient construction, renewable energy, CO 2 capture, use and storage, sustainable mobility, battery projects, green hydrogen and derivatives, biofuels, and inclusive growth (including just transition), among others.

Sustainable practices are also promoted, covering efficient water management, circular economy, waste management, environmental impact and biodiversity care, among other aspects.

In the case of SME customers, BBVA also provides information through digital channels and the branch network. It is an end-to-end service model ranging from awareness-raising to project design and public aid management.

In addition, customers have access to useful information and a catalog of products that are sustainable or otherwise promote sustainability through transaction-based web platforms and mobile banking apps. These resources are also provided by the managers in-branch.

In addition, at the CBB business area, progress has been made in setting up teams of product specialists and managers across all geographies. During 2024, the focus was on extending these teams to South American countries and Turkey, while in Spain and Mexico they have been in existence since last year and have been strengthened.

### 7.2.2. Risk Management
Integration of climate change and environmental factors and risks into the risk framework

Article 449 bis CRR - Table (1) j), r)

Managing climate and environmental risk factors is key to implementing BBVA's strategy, which is based on managing risks appropriately, helping the transition to a low-carbon economy and meeting the ambition of having net-zero carbon emissions by 2050.

The potential impacts of climate and environmental (C&E) risks, as well as social and governance risks, are assessed in the risk management cycle as follows:

| PILLAR 3 2024 |     | 7. PRUDENTIAL DISCLOSURES ON ENVIRONMENTAL, SOCIAL AND GOVERNANCE RISKS |     | P.285 |

Identification and assessment of climate and environmental risks

In order to carry out the process of identifying the risks and opportunities associated with climate change and other environmental aspects, BBVA has identified the sectors carrying the greatest transition risk