BBVA USA Bancshares, Inc. Sustainability Profile
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.
DitchCarbon Score
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.
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.
Industry Benchmark
BBVA USA Bancshares, Inc.'s score of 31 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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BBVA USA Bancshares, Inc.'s reported carbon emissions
In 2022, BBVA USA Bancshares, Inc. reported significant emissions data, although specific absolute 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 Bancshares, Inc. has not set specific reduction targets or disclosed any climate pledges. The emissions data cascaded from its parent company indicates a focus on sustainability, but no concrete figures or initiatives have been outlined in the available reports. The company has disclosed emission intensities for various categories, including: - Power Generation: 212.0 kg CO2e per MWh (Scope 1 and 2) - Automotive: 0.195 kg CO2e per v-km (Scope 3) - Steel: 1140.0 kg CO2e per tonne (Scope 1 and 2) - Cement: 690.0 kg CO2e per tonne (Scope 1 and 2) Despite the lack of specific reduction targets, BBVA USA Bancshares, Inc. is part of a broader industry context that increasingly prioritises climate action and emissions reduction. The company’s commitment to sustainability may evolve as it aligns with the initiatives of its parent organisation.
How Carbon Intensive is BBVA USA Bancshares, Inc.'s Industry?
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BBVA USA Bancshares, Inc.'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 USA Bancshares, Inc. 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.
