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Article

21 Feb 2008

Author:
BBVA

BBVA applies United Nations Principles for Responsible Investment to its employee pension plan [Spain]

The steering committee of the BBVA Employment Fund, the pension fund for BBVA employees,…approved applying Socially Responsible Investing (SRI) standards to all of the assets it has under management…[SRI standards involve incorporating the impact of environmental, social and corporate governance considerations...into the analysis of investment decisions…]...This step by the BBVA Employment Fund marks the first time a pension fund in Spain has fully adopted these United Nations principles.