Banco Bilbao Vizcaya Argentaria Colombia S.A.
Banco Bilbao Vizcaya Argentaria Colombia S.A. (BBVA Colombia) is a prominent financial institution headquartered in Bogotá, Colombia. Established in 1996, it has rapidly evolved within the banking sector, offering a comprehensive range of services including retail banking, corporate finance, and investment solutions. BBVA Colombia stands out for its innovative digital banking platforms, which enhance customer experience and accessibility. The bank is committed to sustainable finance, aligning its operations with environmental and social governance principles. With a strong market presence, BBVA Colombia has garnered recognition for its customer-centric approach and robust financial performance, positioning itself as a leader in the Colombian banking industry. Its dedication to technological advancement and responsible banking practices continues to drive its growth and reputation in the region.
DitchCarbon Score
How does Banco Bilbao Vizcaya Argentaria Colombia S.A.'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
Banco Bilbao Vizcaya Argentaria Colombia S.A.'s score of 35 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco Bilbao Vizcaya Argentaria Colombia S.A.'s reported carbon emissions
In 2023, Banco Bilbao Vizcaya Argentaria Colombia S.A. reported total carbon emissions of approximately 4,365,500 kg CO2e. This figure reflects the bank's operational impact within Colombia, with no reported emissions from Scope 1 or Scope 2 categories, indicating that all emissions are classified under Scope 3. In comparison, the bank's total emissions for 2022 were about 3,347,000 kg CO2e, demonstrating a significant increase in emissions year-on-year. The bank's emissions data is cascaded from its parent company, Banco Bilbao Vizcaya Argentaria, S.A., which is responsible for broader climate initiatives and targets. However, specific reduction targets or commitments from Banco Bilbao Vizcaya Argentaria Colombia S.A. have not been disclosed, and there are no documented climate pledges or SBTi (Science Based Targets initiative) reduction targets at this level. Overall, while the bank's emissions have increased, it remains part of a larger corporate family that may have overarching climate strategies and commitments. Further details on these initiatives can be found in the financial reports provided by the bank.
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.
Banco Bilbao Vizcaya Argentaria Colombia S.A. 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.
