Banco Bilbao Vizcaya Argentaria Colombia S.A. Sustainability Profile
Banco Bilbao Vizcaya Argentaria Colombia S.A. (BBVA Colombia) is a prominent financial institution headquartered in Bogotá, Colombia. Established in 1996, it has rapidly evolved within the banking sector, offering a comprehensive range of services including retail banking, corporate finance, and investment solutions. BBVA Colombia stands out for its innovative digital banking platforms, which enhance customer experience and accessibility. The bank is committed to sustainable finance, aligning its operations with environmental and social governance principles. With a strong market presence, BBVA Colombia has garnered recognition for its customer-centric approach and robust financial performance, positioning itself as a leader in the Colombian banking industry. Its dedication to technological advancement and responsible banking practices continues to drive its growth and reputation in the region.
DitchCarbon Score
How does Banco Bilbao Vizcaya Argentaria Colombia 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 Bilbao Vizcaya Argentaria Colombia S.A.'s score of 38 is higher than 58% 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 Colombia S.A.'s reported carbon emissions
In 2024, Banco Bilbao Vizcaya Argentaria Colombia S.A. reported total carbon emissions of approximately 1,243,520 kg CO2e, all of which were classified under Scope 1 emissions. The bank did not report any Scope 2 or Scope 3 emissions for this year. In 2023, the bank's emissions data indicated a total of approximately 874,810 kg CO2e, again solely from Scope 1 emissions, with no contributions from Scope 2 or Scope 3. The emissions data for 2022 and 2021 were not disclosed, but in 2020, the bank reported approximately 2,899,600 kg CO2e, all from Scope 2 emissions. Banco Bilbao Vizcaya Argentaria Colombia S.A. has not set specific reduction targets or initiatives as part of its climate commitments, and there are no documented climate pledges. However, it is important to note that the bank is a current subsidiary of Banco Bilbao Vizcaya Argentaria, S.A., which may influence its climate strategies and reporting. Overall, the bank's emissions profile reflects a focus on Scope 1 emissions, with no significant reduction targets or achievements reported at this time.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 874,810 | 0,000,000 |
| Scope 2 | - | - |
| Scope 3 | - | - |
How Carbon Intensive is Banco Bilbao Vizcaya Argentaria Colombia S.A.'s Industry?
How Carbon Intensive is Banco Bilbao Vizcaya Argentaria Colombia S.A.'s Location?
Banco Bilbao Vizcaya Argentaria Colombia S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco Bilbao Vizcaya Argentaria Colombia S.A. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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