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 53 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco Davivienda S A's reported carbon emissions
In 2023, Banco Davivienda S.A. reported total carbon emissions of approximately 6,000,000 kg CO2e, comprising 1,415,000 kg CO2e from Scope 1, 414,000 kg CO2e from Scope 2 (market-based), and significant Scope 3 emissions, including 4,525,928,000 kg CO2e from investments. The bank has set an ambitious target to achieve a 42% absolute reduction in Scope 1 and 2 emissions by 2030, using 2022 levels as a baseline. This commitment applies to all operations across Colombia and Central America. In 2022, the total emissions were about 4,500,000 kg CO2e, with Scope 1 emissions at 1,951,000 kg CO2e and Scope 2 emissions at 422,000 kg CO2e (market-based). The bank's emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. Banco Davivienda's climate strategy reflects a proactive approach to sustainability, aligning with industry standards and demonstrating a commitment to reducing its carbon footprint in the financial sector.
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| 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 | 0,000,000 | 0,000,000 | 0,000,000 | 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 | 0,000,000,000 |
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 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.
