Endesa S A : X Way and BBVA are joining forces to facilitate the charging of electric cars at the bank's headquarters in Spain

• As part of BBVA's strategic sustainability priority, the bank has implemented a series of measures to reduce its carbon footprint and promote electric mobility among its employees.
• Together with Endesa X Way, Endesa's new business line dedicated exclusively to electric mobility, the bank IS installing 284 electric car charging stations in its corporate buildings.
• Endesa and BBVA also have a long-term energy supply agreement that guarantees that all the electricity consumed by the bank in Spain is of renewable origin.

The electrification of transport in Spain is progressing and companies are not only continuing with the transformation of their corporate fleets, they are also committed to making it easier for their employees to change. This is what BBVA is doing and has chosen Endesa X Way as a partner on the road to decarbonisation.

The financial institution is developing a series of measures aimed at reducing the carbon footprint, both of its corporate installations and that generated by the workforce. A new step in this direction is the installation of charging stations for 100% electric cars and plug-in hybrids (PHEV) in the bank's buildings, where employees with this type of vehicle can charge their cars. By the end of the year, Endesa X Way, Endesa's new business line dedicated exclusively to promoting electric mobility, will install 284 charging stations for electric vehicles in BBVA buildings throughout Spain.

"Companies have embarked on their own energy transition processes and this undoubtedly means focussing on the way their employees travel. The electrification of fleets is an unstoppable process, but if we also make it easier for employees to charge their vehicles while they are at the office, we will also be helping them to undertake their daily travel with zero emissions, both outside and inside the office. Endesa X Way is here to help them in this transformation and large corporations like BBVA are an example to follow," says Elena Bernárdez, General Manager of Endesa X Way.

"This new initiative promotes sustainability among our employees and is in line with future trends in energy transition, as there are more and more plug-in vehicles," explains Desirée Granda, Global Head of Real Estate and Services at BBVA. The measure is in addition to the bank's proposal on reducing its carbon footprint, included in its Global Eco-Efficiency Plan.

In 2018, BBVA and Endesa signed a PPA, a long-term bilateral contract for the purchase and sale of green energy. Currently, 100% of the energy consumed by the bank in Spain is of renewable origin, most of it linked to a wind farm and the rest through guarantees of origin.

More chargers in La Vela

At the bank's headquarters in Madrid, Ciudad BBVA, which previously had six fast charging stations, 214 of these new chargers will be installed by the end of the year. The bank has registered about 330 employees with electrified vehicles, who in addition to being able to charge their car, will have preference when requesting a parking space.

Other workplaces where Endesa X Way has also installed the new charging stations in Madrid include the BBVA Campus Training Centre, the BBVA Foundation's headquarters in the Palacio del Marqués de Salamanca and the centres in Isla Sicilia and Tres Cantos. Before the end of the year, the centres in Las Palmas, Seville, Valladolid and Sabadell will also have charging stations.

In line with this measure, the bank will renew its own fleet of cars with about 300 hybrid vehicles. Most of them are cars assigned to employees with commercial profiles that need a vehicle to do their job.

To cover all charging needs outside the offices, through the Endesa X Way App, all employees will also have access to the Endesa X Way public charging service that continues to expand and today is one of the most important charging infrastructure networks in Spain that already has nearly 4,000 stations installed throughout the country.

In 2023, the bank will continue to study and progress with energy efficiency measures in line with sustainability strategy in its corporate buildings.