Banco Davivienda S A
Banco Davivienda S.A., commonly referred to as Davivienda, is a prominent financial institution headquartered in Bogotá, Colombia. Established in 1972, the bank has grown to become a key player in the Latin American banking sector, with a strong presence in Colombia and expanding operations in Central America. Specialising in retail banking, corporate banking, and investment services, Davivienda offers a diverse range of products, including savings accounts, loans, and insurance. Its innovative digital banking solutions set it apart, catering to the evolving needs of its customers. Recognised for its commitment to sustainability and social responsibility, Banco Davivienda has achieved notable milestones, including awards for customer service excellence. With a solid market position, it continues to enhance its reputation as a trusted financial partner in the region.
DitchCarbon Score
How does Banco Davivienda S A's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Banco Davivienda S A's score of 53 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco Davivienda S A's reported carbon emissions
In 2024, Banco Davivienda S.A. reported total carbon emissions of approximately 9,655,634,000 kg CO2e in Colombia, with Scope 2 emissions accounting for about 95,000 kg CO2e (market-based) and 4,689,000 kg CO2e (location-based). The total Scope 1 and 2 emissions combined reached approximately 5,360,000 kg CO2e. In comparison, the previous year, 2023, the bank's total emissions were about 7,286,856,000 kg CO2e, with Scope 2 emissions at approximately 98,000 kg CO2e (market-based) and 4,722,000 kg CO2e (location-based), leading to total Scope 1 and 2 emissions of around 6,098,000 kg CO2e. Banco Davivienda has set a significant commitment to reduce its Scope 1 and 2 emissions by 42% by 2030, using 2022 as the baseline year. This ambitious target reflects the bank's dedication to sustainability across its operations in Colombia and Central America. The bank's emissions data is independently reported and does not cascade from any parent organization, ensuring that the figures are specific to Banco Davivienda S.A. Overall, the bank's climate commitments and reduction targets demonstrate a proactive approach to addressing climate change and reducing its carbon footprint.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,366,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,251,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 1,357,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Banco Davivienda S A is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
