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 31 is higher than 82% 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 no specific carbon emissions data. However, in 2019, the company disclosed total emissions of approximately 16,899,000 kg CO2e for Scope 1, 195,590,000 kg CO2e for Scope 2, and 56,699,000 kg CO2e for Scope 3. This indicates a significant carbon footprint across all scopes, particularly in Scope 2 emissions, which are primarily associated with electricity consumption. BBVA has not set specific reduction targets or initiatives as per the latest data available. The absence of documented reduction targets suggests that while the company acknowledges its emissions, it may not have formalised commitments to reduce them at this time. The lack of recent emissions data for 2022 raises questions about the company's ongoing climate strategy and transparency in reporting. Overall, BBVA USA Bancshares, Inc. operates within a context where financial institutions are increasingly expected to disclose and manage their carbon emissions, aligning with global climate commitments. The company’s future climate actions will be crucial in addressing its environmental impact and meeting stakeholder expectations.
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| 2018 | 2019 | |
|---|---|---|
| Scope 1 | 17,781,000 | 00,000,000 |
| Scope 2 | 209,362,000 | 000,000,000 |
| Scope 3 | 65,289,000 | 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 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.
