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BBVA, or Banco Bilbao Vizcaya Argentaria, is a prominent financial institution headquartered in Spain (ES), specialising in retail trade services, excluding motor vehicles and motorcycles, as well as repair services for personal and household goods. Founded in 1857, BBVA has evolved significantly, establishing a strong presence across Europe, Latin America, and the United States.
The bank offers a diverse range of core products and services, including personal banking, corporate finance, and investment solutions, distinguished by their commitment to innovation and customer-centric approaches. BBVA's market position is reinforced by its robust digital banking platform, which has garnered numerous accolades for enhancing customer experience. With a rich history and a focus on sustainable growth, BBVA continues to be a key player in the global financial landscape.
37
DitchCarbon score
+1 vs industry average
BBVA’s score of 37 is higher than 53% 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
Low
Retail Trade Services has below-average carbon intensity
Industry performance
0.181
20182025
The Retail Trade Services industry has reduced its overall emissions by 31% 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.
BBVA's reported carbon emissions
BBVA, a Retail trade services provider based in Spain, reported total gross carbon emissions of approximately 1.39 billion kg CO2e in 2024. This figure comprises Scope 1 emissions of 41.86 million kg CO2e, Scope 2 emissions (market-based) of 4.48 million kg CO2e, and Scope 3 emissions of approximately 1.35 billion kg CO2e. Key contributors to Scope 3 emissions included purchased goods and services (741.49 million kg CO2e), capital goods (225.55 million kg CO2e), and upstream transportation and distribution (181.89 million kg CO2e).
In 2023, BBVA's total gross emissions were approximately 1.5 billion kg CO2e, with Scope 1 emissions at 39.86 million kg CO2e, Scope 2 emissions (market-based) at 6.99 million kg CO2e, and Scope 3 emissions at approximately 1.45 billion kg CO2e. Noteworthy Scope 3 categories for 2023 included purchased goods and services (1.05 billion kg CO2e) and capital goods (215.52 million kg CO2e).
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BBVA’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for BBVA yet.
Scope 3 top emissions categories
8 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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The Climate Pledge
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UN Global Compact Climate Champions initiative
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Not active
RE 100
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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
BBVA5 days ago
37
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