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.
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 Davivienda S A's score of 34 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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, 2,641,000 kg CO2e from Scope 2 emissions, and 1,289,000 kg CO2e from Scope 3 emissions. The bank has made significant strides in its climate commitments, having pledged to achieve net-zero emissions by 2050, with a commitment to reduce emissions across all scopes. Looking at previous years, emissions peaked in 2016 at about 10,857,000 kg CO2e, with a notable decrease to approximately 9,973,000 kg CO2e in 2017 and remaining stable at the same level in 2018. By 2019, emissions further declined to around 4,182,000 kg CO2e, and in 2020, they were reported at approximately 3,779,000 kg CO2e. The trend indicates a consistent effort towards reducing carbon footprints over the years. Banco Davivienda's commitment to sustainability is underscored by its participation in the Science Based Targets initiative (SBTi), where it has set long-term targets for emissions reduction, aiming for net-zero by 2050. This positions the bank as a proactive player in the financial sector's response to climate change, aligning with global efforts to mitigate environmental impact.
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Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| 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
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 Davivienda S A is committed to some 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.
