BBVA USA Bancshares, Inc.
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 29 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
BBVA USA Bancshares, Inc.'s reported carbon emissions
In 2022, BBVA USA Bancshares, Inc. reported total carbon emissions of approximately 52,967,000 kg CO2e, comprising 41,395,000 kg CO2e from Scope 1, 11,571,000 kg CO2e from Scope 2, and 37,026,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions included significant contributions from business travel (14,568,000 kg CO2e) and employee commuting (21,091,000 kg CO2e). The previous year, 2021, saw a total of about 93,190,000 kg CO2e in combined Scope 1 and 2 emissions, with Scope 1 emissions at 51,038,000 kg CO2e and Scope 2 at 42,152,000 kg CO2e. This indicates a substantial reduction in emissions from 2021 to 2022. BBVA has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint, nor have they committed to the Science Based Targets initiative (SBTi). However, the bank's ongoing efforts to monitor and report emissions across all scopes reflect a commitment to transparency in their climate impact.
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| 2018 | 2019 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 17,781,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 209,362,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 65,289,000 | 00,000,000 | 0,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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 USA Bancshares, Inc. is not committed to any reduction initiatives 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.
