Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria, commonly known as BBVA, is a leading global financial institution headquartered in Spain. Established in 1857, BBVA has evolved into a prominent player in the banking industry, with a strong presence in Europe, Latin America, and the United States. The bank offers a diverse range of services, including retail banking, asset management, and corporate banking, distinguished by its commitment to innovation and digital transformation. BBVA has achieved significant milestones, such as its expansion into international markets and the adoption of cutting-edge technology to enhance customer experience. With a focus on sustainable finance and responsible banking, BBVA has positioned itself as a market leader, recognised for its robust financial performance and customer-centric approach. The bank continues to set benchmarks in the industry, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Banco Bilbao Vizcaya Argentaria'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 Services Auxiliary to 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 Bilbao Vizcaya Argentaria's score of 50 is higher than 73% 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 Bilbao Vizcaya Argentaria's reported carbon emissions
In 2025, Banco Bilbao Vizcaya Argentaria (BBVA) reported total carbon emissions of approximately 41856000 kg CO2e for Scope 1 and about 741491000 kg CO2e for Scope 3, specifically from purchased goods and services. The bank has set ambitious targets under its 2025 Pledge, aiming for a 68% reduction in Scope 1 and 2 emissions and a 70% increase in renewable energy consumption by 2025. In 2024, BBVA's emissions included approximately 39859000 kg CO2e for Scope 1, 6995000 kg CO2e for Scope 2 (market-based), and about 1452294000 kg CO2e for Scope 3. The bank's emissions data reflects a commitment to transparency and accountability in its climate strategy. BBVA has also established intermediate decarbonisation targets for 2030, focusing on sectors that contribute significantly to global CO2 emissions, including electricity generation, automotive, steel, and cement, which collectively account for about 60% of global emissions. In Argentina, BBVA has successfully reduced its direct CO2 emissions by 39% compared to 2019 levels, demonstrating its commitment to sustainability at a regional level. Overall, BBVA's climate commitments and reduction initiatives underscore its proactive approach to addressing climate change and reducing its carbon footprint across various scopes of emissions.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 17,781,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 |
| Scope 2 | 209,362,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000 | 000,000,000 | 0,000,000 | - |
| Scope 3 | 65,289,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | - | 0,000,000,000 | 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 Bilbao Vizcaya Argentaria is participating in some 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.
