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.

49

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.

26

Industry Benchmark

Banco Davivienda S A's score of 49 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

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 demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. In previous years, the bank's emissions were as follows: in 2022, total emissions were about 6,952,000 kg CO2e; in 2021, they were approximately 3,597,000 kg CO2e; and in 2020, total emissions were around 3,779,000 kg CO2e. The emissions data indicates a fluctuating trend, with a notable decrease from 2022 to 2023. Banco Davivienda has not specified any formal climate pledges or reduction targets, which may limit its ability to align with industry standards for climate action. The bank's emissions are reported across all three scopes, highlighting its comprehensive approach to carbon accounting. As the financial sector increasingly prioritises sustainability, Banco Davivienda's future commitments and actions will be crucial in addressing climate change effectively.

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. Banco Davivienda S A is headquartered in CO, which has a rank of low, indicating low grid carbon 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 committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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