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Banco Davivienda S.A., a prominent player in the financial intermediation services sector, is headquartered in Colombia (CO) and has established a significant presence across Latin America. Founded in 1972, the bank has evolved to become a leader in providing a diverse range of financial products and services, including personal and commercial banking, credit solutions, and investment services.
With a commitment to innovation, Banco Davivienda distinguishes itself through its customer-centric approach and digital banking initiatives, catering to the needs of both individual and corporate clients. The bank's notable achievements include a strong market position, recognised for its robust financial performance and extensive network of branches and ATMs. As a trusted financial partner, Banco Davivienda continues to shape the landscape of financial services in the region.
57
DitchCarbon score
+20 vs industry average
Banco Davivienda S A’s score of 57 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Banco Davivienda S A's reported carbon emissions
Banco Davivienda S.A., a financial intermediation services company based in Colombia, reported total carbon emissions of approximately 7.1 billion kg CO2e in 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.
In detail, their 2024 emissions included:
- Scope 1 emissions: 671,000 kg CO2e.
- Scope 2 market-based emissions: 95,120 kg CO2e.
- Scope 3 emissions: 7,100,746,660 kg CO2e, with investments accounting for the largest portion at 7,022,049,020 kg CO2e.
Looking back, in 2023, Banco Davivienda S.A. reported total emissions of approximately 5.3 billion kg CO2e. This included Scope 1 emissions of 1,375,680 kg CO2e, Scope 2 market-based emissions of 97,750 kg CO2e, and Scope 3 emissions of 5,281,668,240 kg CO2e.
The company has committed to an absolute reduction target of 42% in Scope 1 and Scope 2 emissions by 2030, compared to 2022 levels. This target covers all of their operations in Colombia and Central America.
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Banco Davivienda S A’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
12 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Banco Davivienda S A7 days ago
57
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