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.
+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.
Part of the Sustainability team at BBVA?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
BBVA's reported carbon emissions
BBVA, a financial institution headquartered in ES, operates within the retail trade services sector. For the reporting year 2024, BBVA reported a total of approximately 1.39 billion kg CO2e across Scope 1, 2, and 3 emissions. Scope 3 emissions were the largest contributor, accounting for approximately 1.35 billion kg CO2e, with purchased goods and services being the most significant category within Scope 3, totalling around 741.5 million kg CO2e. Scope 1 emissions were approximately 41.9 million kg CO2e, and Scope 2 emissions (market-based) were about 4.5 million kg CO2e.
In 2023, BBVA's total emissions were approximately 1.50 billion kg CO2e. Scope 3 emissions constituted about 1.45 billion kg CO2e, with purchased goods and services representing the largest portion at approximately 1.05 billion kg CO2e. Scope 1 emissions for 2023 were around 39.9 million kg CO2e, and Scope 2 (market-based) emissions were approximately 7.0 million kg CO2e.
For 2019, BBVA reported Scope 1 emissions of about 16.9 million kg CO2e, Scope 2 (market-based) of approximately 195.6 million kg CO2e, and Scope 3 emissions of around 56.7 million kg CO2e. In 2018, Scope 1 emissions were about 17.8 million kg CO2e, Scope 2 (market-based) were approximately 209.4 million kg CO2e, and Scope 3 emissions totalled around 65.3 million kg CO2e.
BBVA has disclosed its commitment to climate action by reporting emissions across all three scopes. The company's data indicates a focus on reducing its carbon footprint, particularly within its Scope 3 emissions which are the most substantial.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
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
Already have an account? Sign in now
Emissions comparison with industry peers
View similar organisations
BBVA
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project