Public Profile

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.

48

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.

3

Industry Benchmark

Banco Davivienda S A's score of 48 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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Banco Davivienda S A's reported carbon emissions

In 2023, Banco Davivienda S.A. reported total carbon emissions of approximately 3,118,000 kg CO2e. This figure includes 1,415,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources. Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, amounted to 414,000 kg CO2e (market-based) and 2,641,000 kg CO2e (location-based). Additionally, Scope 3 emissions, covering other indirect emissions, totalled 1,289,000 kg CO2e, with significant contributions from business travel (597,000 kg CO2e) and purchased goods and services (239,000 kg CO2e). In comparison, the bank's total emissions in 2022 were about 6,952,000 kg CO2e, indicating a substantial reduction in emissions year-on-year. The bank has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, which suggests a need for further clarity on their long-term climate strategy. Overall, Banco Davivienda's emissions data reflects a commitment to monitoring and reporting carbon emissions, although further details on reduction strategies and targets would enhance their climate commitment profile.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20162017201820192020202120222023
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
-
000,000
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Davivienda S A's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Banco Davivienda S A is in CO, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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