BBVA USA Bancshares, Inc., commonly referred to as BBVA, is a prominent financial institution headquartered in the United States. Established in 1964, the bank has grown to serve major operational regions across the southern and western United States, providing a wide array of banking and financial services. Operating within the banking industry, BBVA focuses on retail banking, commercial banking, and wealth management. Its core offerings include personal and business accounts, loans, and investment services, distinguished by a commitment to digital innovation and customer-centric solutions. BBVA has achieved notable recognition for its sustainable banking practices and has consistently ranked among the top banks in customer satisfaction. With a strong market position, BBVA continues to evolve, adapting to the changing financial landscape while maintaining its dedication to community engagement and responsible banking.
How does BBVA USA Bancshares, Inc.'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.
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.
BBVA USA Bancshares, Inc.'s score of 31 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, BBVA USA Bancshares, Inc. reported significant emissions data, although specific total emissions figures were not disclosed. The company operates under a corporate family relationship with The PNC Financial Services Group, Inc., which influences its climate commitments and reporting. BBVA USA's emissions intensity for power generation (Scope 1 and 2) is approximately 212.0 kg CO2e per MWh. For steel production, the emissions intensity is about 1140.0 kg CO2e per tonne, and for cement, it stands at approximately 690.0 kg CO2e per tonne. Additionally, the automotive emissions intensity (Scope 3) is about 0.195 kg CO2e per vehicle-kilometre. Despite the absence of specific reduction targets or initiatives disclosed in the data, BBVA USA is part of a merged entity that may align with broader climate strategies from its parent organisation. The company has not publicly committed to Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. Overall, while BBVA USA Bancshares, Inc. has not provided detailed emissions data or reduction commitments, it operates within a framework that may be influenced by its relationship with The PNC Financial Services Group, Inc., which could shape its future climate strategies.
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 USA Bancshares, Inc. 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.