Grupo Financiero BBVA México, S.A. de C.V.
Grupo Financiero BBVA México, S.A. de C.V., commonly known as BBVA México, is a leading financial institution headquartered in Mexico City, Mexico. Established in 1932, the bank has evolved significantly, becoming a key player in the Mexican banking sector with a strong presence across the country. Operating primarily in the banking and financial services industry, BBVA México offers a comprehensive range of products, including personal and business banking, investment services, and insurance. Its innovative digital banking solutions set it apart, catering to the evolving needs of its diverse clientele. With a commitment to sustainability and financial inclusion, BBVA México has achieved notable milestones, including recognition for its customer service excellence and digital transformation initiatives. As a subsidiary of the global BBVA Group, it continues to strengthen its market position, contributing to the financial well-being of millions of customers in Mexico.
DitchCarbon Score
How does Grupo Financiero BBVA México, S.A. de C.V.'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
Grupo Financiero BBVA México, S.A. de C.V.'s score of 30 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grupo Financiero BBVA México, S.A. de C.V.'s reported carbon emissions
In 2020, Grupo Financiero BBVA México, S.A. de C.V. reported total carbon emissions of approximately 40,058,000 kg CO2e. This figure includes Scope 1 emissions of about 935,000 kg CO2e, Scope 2 emissions of approximately 36,647,000 kg CO2e, and Scope 3 emissions of around 2,476,000 kg CO2e. Over the years, BBVA México has demonstrated a significant reduction in emissions, decreasing from about 128,855,000 kg CO2e in 2016 to the 2020 figure, marking a substantial decline. This reduction reflects the bank's commitment to improving its environmental impact, although specific reduction targets or initiatives have not been disclosed. The bank's emissions data indicates a consistent effort to manage and reduce its carbon footprint across all scopes, aligning with industry standards for climate accountability. However, there are currently no specific climate pledges or targets outlined in their commitments.
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.
Grupo Financiero BBVA México, S.A. de C.V. 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.
