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.
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.
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.
Banco Bilbao Vizcaya Argentaria Colombia S.A.'s score of 35 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 1 or Scope 2 from purchased electricity. This marks an increase from 2022, when emissions were about 3,347,000 kg CO2e. The bank's emissions data is cascaded from its parent company, Banco Bilbao Vizcaya Argentaria, S.A., which may influence its overall climate strategy. Despite the increase in emissions, there are currently no specific reduction targets or initiatives disclosed by Banco Bilbao Vizcaya Argentaria Colombia S.A. regarding its carbon footprint. The bank's climate commitments and reduction initiatives appear to be aligned with broader corporate strategies from its parent organisation, but specific details on targets or pledges are not available. The bank's emissions data reflects its operational impact within Colombia, where it operates under the financial services sector. As a current subsidiary of Banco Bilbao Vizcaya Argentaria, S.A., it may benefit from the parent company's sustainability initiatives, although specific cascading targets from the parent company have not been detailed in the provided information.
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 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.