Banco Bilbao Vizcaya Argentaria SA

Common Name
BBVA
Country
Spain
Sector
Financial Services
Industry
Banks - Diversified
Employees
124,741
Ticker
BBVA
Exchange
BOLSA DE MADRID
Description
Banco Bilbao Vizcaya Argentaria, S.A. is a prominent multinational banking group headquartered in Bilbao, Spain. This financial institution plays a critical role in the banking sector, offering a broa...

BBVA's Climate Target Data Preview

As of 2024, BBVA has disclosed 10 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 7 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into BBVA ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2024
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2025
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Vehicle Kilometer
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Steel from Unspecified Activities
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Cement from Unspecified Activities
Copy restricted. Please purchase to unlock this data.
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Passenger Kilometer
Copy restricted. Please purchase to unlock this data.
2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into BBVA's Greenhouse Gas Emissions Pathways

As of 2024, BBVA has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does BBVA have a target to reduce the emissions from its operations?

As of 2024, BBVA has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

BBVA's most ambitious operational target is to reduce these emissions by 67% by 2025, compared to a baseline of 248,844 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

BBVA has already surpassed its operational emissions reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule.

BBVA's Operational (Scope 1+2) Emissions Pathway

2019202420242025065 k130 k195 k260 kBaselineCurrent (-81%)Target 2025 (-67%)

Does BBVA have a target to reduce the emissions from its value chain?

As of 2024, BBVA has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

BBVA's most ambitious value chain target is to reduce these emissions by 52% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2020.

As of 2024, BBVA is ahead of schedule on its value chain emissions reduction target, having achieved 71.35% of the planned reduction.

BBVA's Value Chain (Scope 3) Emissions Pathway

20202024203000000BaselineCurrent (-37%)Target 2030 (-52%)
Want Full Access to BBVA's Climate Targets Dataset?
Sign Up