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Financial Intermediation
MX
updated 19 days ago

BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México

Company website

BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México, is a leading financial institution headquartered in Mexico City, Mexico. Established in 1932, BBVA México has evolved into a prominent player in the banking sector, offering a comprehensive range of services across retail banking, corporate banking, and investment solutions. With a strong presence in major operational regions throughout Mexico, BBVA México is renowned for its innovative digital banking solutions, which enhance customer experience and accessibility. The bank's core products include personal and business loans, credit cards, and investment services, distinguished by their user-friendly platforms and competitive rates. Recognised for its commitment to sustainability and financial inclusion, BBVA México has achieved significant milestones, positioning itself as a trusted partner for millions of customers. Its dedication to technological advancement and customer-centric services solidifies its status as a market leader in the Mexican banking industry.

DitchCarbon Score

How does BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México'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.

30

Industry Benchmark

BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México's score of 49 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México's reported carbon emissions

Inherited from Grupo Financiero BBVA México, S.A. de C.V.

BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of Banco Bilbao Vizcaya Argentaria, S.A., it inherits its climate commitments and initiatives from its parent organisation. While there are no documented reduction targets or specific emissions figures, BBVA México aligns with the broader sustainability goals set by Banco Bilbao Vizcaya Argentaria, S.A. This includes participation in initiatives such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and RE100, which aim to promote transparency and accountability in carbon emissions management. As part of its commitment to sustainability, BBVA México is expected to follow the climate strategies and reduction targets established by its parent company, which are cascaded down through the corporate structure. However, specific details regarding these targets or achievements at the subsidiary level remain unspecified. In summary, while BBVA México has not disclosed its own emissions data or reduction targets, it is part of a larger corporate framework that prioritises climate action and sustainability through inherited commitments from Banco Bilbao Vizcaya Argentaria, S.A.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
22,847,000
00,000,000
00,000,000
Scope 2
27,863,000
000
-
Scope 3
2,510,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México'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. This request for BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México is in MX, which has a medium grid carbon intensity relative to other regions.

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.

BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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