Banco Bilbao Vizcaya Argentaria SA
BBVA's GHG Emissions Data Preview
In 2024, BBVA completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
BBVA has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of BBVA amounted to 240,535 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2023, the total operational greenhouse gas (GHG) emissions of BBVA increased by 2.99%, suggesting that the company faced challenges in reducing its emissions from its core operations.
BBVA's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are BBVA's Scope 1 emissions?
In 2024, the total Scope 1 emissions of BBVA were 41,856 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has BBVA reduced its Scope 1 emissions over time?
Since 2019, BBVA's Scope 1 emissions have increased by 144.89%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2023), BBVA's Scope 1 emissions increased by 5.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are BBVA's Scope 2 emissions?
In 2024, BBVA reported Scope 2 greenhouse gas (GHG) emissions of 4,481 tCOâ‚‚e using the market-based method, and 198,679 tCOâ‚‚e using the location-based method.
Has BBVA reduced its Scope 2 emissions over time?
Since 2019, BBVA's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 38.89%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2023), BBVA's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that BBVA 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does BBVA use for Scope 2 reporting?
In 2024, BBVA reported its Scope 2 emissions using the market-based method and using the location-based method.
BBVA's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into BBVA's Value Chain Emissions
In 2024, BBVA reported 1,346,871.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2024 disclosure of BBVA includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain
BBVA's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are BBVA's Scope 3 emissions?
In 2024, BBVA reported total Scope 3 emissions of 1,346,871.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 99.75% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.25% came from downstream activities like product use, distribution, and end-of-life treatment.
Has BBVA reduced its Scope 3 emissions over time?
Since 2019, BBVA's Scope 3 emissions have increased by 2,275.43%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2023), BBVA's Scope 3 emissions remained relatively stable, indicating that BBVA 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does BBVA disclose?
In 2024, BBVA reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of BBVA's Scope 3 emissions?
In 2024, the largest contributors to BBVA's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 741,491 tCOâ‚‚e (55.05%)
- Capital Goods (Cat. 2): 225,548 tCOâ‚‚e (16.75%)
- Upstream Transportation and Distribution (Cat. 4): 181,893 tCOâ‚‚e (13.5%)
BBVA's Scope 3 Emissions by Categories
Insights into BBVA's Total Carbon Footprint
In 2024, BBVA reported a total carbon footprint of 1,587,406.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.85% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to BBVA's total carbon footprint was Scope 3 emissions, accounting for 84.85% of the company's total carbon footprint, followed by Scope 2 emissions at 12.52%.