RESPONSIBLE PROCUREMENT
Corporate Responsibility Report 2008
52
Main suppliers by country or region (1)
Spain
Mexico
Rest of The Americas
Rest of the Group
Total
(1) No. of suppliers classified by turnover in excess of €100,000.
Scope: BBVA Group (Except BBVA Compass).
important sum and when these entail the
subcontracting of products in emerging countries. In
these cases, the supplier’s premises in the particular
country are inspected, and respect for human rights
and prevailing laws is regulated in contracts.
In 2008, all the contracts drawn up were paid
under the agreed terms.
To illustrate our commitment to responsible
procurement and hiring, it should be mentioned
that the BBVA Group was present at a variety of
events and seminars on sustainable procurement,
such as the 1 st State Conference on Ethical
Procurement, organised by AERCE (a Spanish
association of purchasing and supply professionals)
and IDEAS (Initiatives for Alternative and
Solidarity Economics); or the event organised for
the presentation of the «Technical Guide on
Sustainable Procurement», likewise published by
AERCE. The BBVA Group actively participated in
the working breakfast «Sustainable Procurement
and Purchasing» organised by the Spanish
consulting firm Garrigues.
PRINCIPLES
APPLICABLE TO
THOSE PARTIES
INVOLVED IN
THE BBVA
PROCUREMENT
PROCESS
€100.000-300.000
2008 2007 2006
905 819 750 432 419 414 292 298 239 1,629 1,536 1,403
328 315 533 179 175 242 168 168 185 675 658 960
666 590 466 333 284 234 156 122 132 1,155 996 832
38 32 92 19 22 36 4 4 6 61 58 134
1,937 1,756 1,841 963 900 926 620 592 562 3,520 3,248 3,329
The BBVA Group’s Code of
Conduct mentions –among
others– the following criterion
to be applied to relations with
suppliers: «BBVA greatly
values those suppliers that not
only share the principles of
this Code but have also adopted the principles
promoted by the United Nations Global Compact
in the conduct of their business operations».
The BBVA Group has drawn up the Principles
Applicable to those Parties Involved in the BBVA
€300.000-1.000.000
2008 2007 2006
Over €1.000.000
2008 2007 2006
Procurement Process. This document develops the
points outlined in the Code of Conduct which are
specifically applicable to all the functions involved
in this process. Said functions are governed by
respect for prevailing laws in each of the
geographical regions where BBVA conducts its
business. To be precise, the following principles and
general guidelines are established and developed
with respect to the BBVA Group’s relations with its
suppliers: respect for the law, commitment to
integrity, competition, objectiveness, transparency,
value creation and confidentiality.
SUPPLIER
APPROVAL
SYSTEM
One of the lines of work
developed in 2008 aims at
standardising the Group’s
supplier approval process
throughout the world; the main objective pursued
by such process is to validate the productive,
technical, financial, legal and commercial capacity
of BBVA’s major suppliers, as well as their
degree of involvement in aspects of corporate
responsibility.
A specific feature of this approval system is the
on-the-spot assessment of suppliers in emerging
countries when the characteristics of the
procurement so require.
In 2008, questions related to compliance
with the ten United Nations Global Compact
Principles were included in the supplier approval
questionnaire, and applicants are also asked to
submit a signed document stating their compliance
with the said principles. Similarly, corporate
responsibility criteria were included in all of the
Group’s approval questionnaires.
Total suppliers
2008 2007 2006
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