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Public Profile
Financial Intermediation
MX
updated 2 months ago

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

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.

32

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

2016201720182019202120222023
Scope 1
-
-
-
-
00,000,000
00,000,000
00,000,000
Scope 2
117,838,000
000,000,000
00,000,000
00,000,000
00,000,000
000
-
Scope 3
9,686,150
00,000,000
00,000,000
00,000,000
0,000,000
00,000,000
00,000,000

How Carbon Intensive is BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México's Industry?

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, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México's Location?

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 low grid carbon intensity relative to other regions.

BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México's Emissions with Industry Peers

Scotiabank Inverlat, S.A.

MX
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México

MX
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

DNB Bank ASA

NO
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

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

MX
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Sumitomo Mitsui Financial

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Banco Latinoamericano de Comercio Exterior, S. A.

PA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

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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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