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BBVA: CO2 emissions 2016-2019

In 2018, Banco Bilbao Viszcaya Argentaria (BBVA) joined a growing number of the world's largest banks in making a commitments to sustainable financing and investments to help projects, technologies, and clean energies in delivery of the Paris Agreement and the UN Sustainable Development Goals (SDG). These SDG's also included other commitments such as carbon, water and waste reduction as well as renewable energy sourcing.

BBVA's financial commitment in 2018 came to a total of 100 billion euros by 2025 in the form of green finance, sustainable infrastructure and agribusiness, financial inclusion and entrepreneurship as well as other sustainable mobilization. In the two years included since their commitment, BBVA has so far invested a total of 29.9 billion euros. In 2018 and 2019, BBVA sourced 39 percent of its global energy from renewable sourcesand had cut its carbon emissions by 13.4 percent between 2016 and 2019. BBVA have commited to reducing carbon emissions by 68 percent by 2025.

BBVA carbon dioxide emissions from 2016 to 2019, by scope

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Source

Release date

2020

Region

Worldwide

Survey time period

2016 to 2019

Supplementary notes

Revised.
The data has been updated with respect to those published in previous reports due to post-2018 adjustments as well as the exclusion of Paraguay and Venezuela from the ecoefficiency data.

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