Banco Bilbao Vizcaya Argentaria Colombia S.A.
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 30 is lower than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Bilbao Vizcaya Argentaria Colombia S.A.'s reported carbon emissions
In 2023, Banco Bilbao Vizcaya Argentaria Colombia S.A. reported total carbon emissions of approximately 4,365,500 kg CO2e, with no emissions attributed to Scope 2 from purchased electricity. This marks an increase from 3,347,000 kg CO2e in 2022 and 3,327,800 kg CO2e in 2021. The bank's emissions data for 2020 showed a significant reduction to about 3,279,700 kg CO2e, down from 17,112,000 kg CO2e in 2019, indicating a substantial decrease in emissions over the years. Despite these fluctuations, the bank has not set specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for enhanced strategies to address carbon emissions and align with industry standards for climate action. As the financial sector increasingly prioritises sustainability, Banco Bilbao Vizcaya Argentaria Colombia S.A. may benefit from establishing clear climate goals to improve its environmental impact and meet stakeholder expectations.
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 Colombia S.A. is not committed to any reduction initiatives 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.
