ES

The direct impact management objectives of Grupo BBVA and its subsidiaries, including BBVA México, are established and monitored through the Global Eco-efficiency Plan (GEP) 2021-2025.

2021-2025 Global Eco-efficiency Plan

KPI

Goals
by 2025*

Units

Consumption

Renewable
electricity

80%

MWh

Electricity
consumption

-5%

MWh

Diesel
consumption

-5%

L

LP gas
consumption

-10%

L

Natural gas
consumption

-10%

m3

Water consumption

-2.5%

m3

Paper consumption

-5%

kg

Circular economy

Net waste

-2%

kg

Carbon footprint

Scope 1 and
2 emissions

-100%

tCO2e

Sustainable construction

Certified area

4%

m2

*The base year for all targets is 2019.
4By the end of 2023, BBVA Mexico has 16 buildings with environmental certifications.

Energy

As part of BBVA’s Climate Change Strategy, BBVA México has a global commitment to increase the consumption of renewable energies and reduce its carbon footprint.


Renewable energy

2025 Pledge

80% in 2025

RE100 Initiative5

100% in 2030

5 RE100 is a global initiative that brings together the world's most influential companies committed to 100% renewable electricity.

Carbon footprint

2025 Pledge

-100% by 2025 in Scope 1 and Scope 2 emissions

To carry out its operations, Grupo Financiero BBVA México uses energy from different sources, such as electricity from the Federal Electricity Commission (CFE) and a wind energy company, as well as fuels such as LP gas, natural gas and diesel.

Energy consumption


Energy - BBVA México, 2023

2021

2022

2023

Unidades

Electricity consumption from non-renewable sources 6,7,8

69,938

0.50

0

MWh

251,777

2

0

GJ

Electricity consumption from renewable sources

210,823

121,572

297,383

MWh

758,962

437,659

1,107,358.45

GJ

Electrical energy consumed per occupant9

7.27

6,850

6.69

MWh/FTE

Total LP gas consumed*

39,336

86,585

110,273

Liters

1,028

2,261.73

2,880.58

GJ

Total natural gas consumed10*

39,210

55,089

43,623.66

m3

1,435

1,998.47

1,586

GJ

Total diesel consumed11*

285,939

284,393.29

298,540.09

Liters

10,773

10,714.79

11,388.92

GJ

Total gasoline consumed

443,912

505,315.87

507,481.77

Liters

14,712

16,746.67

17,916.98

GJ

Total R410AC refrigerant
consumed **

9,261

5,613

5,507.88

kg

Total R407C refrigerant
consumed **

230

152

89

kg

Total R314A refrigerant
consumed **

0

19

1.4

kg

Total R404A refrigerant
consumed **

0

71.24

23.6

kg

Total R438A refrigerant
consumed **

23

0

0

kg

Total R22 refrigerant
consumed*

614

206.6

124.4

kg

In 2023, 100% of the electricity purchased came from renewable sources.

Energy consumption: Advance 2023

2023 Achievement

2023 Goal

Renewable
electricity (%)

100%

100%

Electricity
consumption (MWh)

(-3.5%) 277,805

(-1%) 285,002.89

LP gas
consumption (liters)

(-11.33%) 110,273.00

(+1%) 124,360.29

Natural gas
consumption (m3)

(-30.31%) 43,624.00

(+1%) 62,595.56

Diesel
consumption (liters)

(- 7.74%) 298,540.09

(+1) 323,593.31

6 The annual electricity consumption data of the BBVA Mexico Real Estate Database does not consider some locations that are not part of the centralized collection agreement with CFE, whose energy consumption is not known, among other aspects, because it is included as part of the rent of the property.
7 The figures for electricity consumption by non-renewable sources for 2022 were updated. The equivalent of energy purchased through renewable energy certificates was subtracted from the previous year's values (166,775 MWh).
8 In 2023, electricity consumption by non-renewable sources was 182,034.00 MWh and the equivalent of energy purchased through renewable energy certificates was subtracted, while the renewable energy generated was 115,349.722 MWh.
9 The total number of employees is considered as the average number of employees of Grupo Financiero BBVA Mexico in 2023, with a value of 44,398 employees.
10 Gigajoules for natural gas are obtained from supplier invoices.
11 As of 2021, total diesel consumption includes use in Grupo Financiero BBVA Mexico's facilities and in vehicles owned by Grupo Financiero BBVA Mexico.

Scope:
- Grupo Financiero BBVA México.
- Figures at the end of 2023.
- Refers to energy consumption within the organization.

* For the calculations of LP gas, diesel and gasoline consumption in 2023, the calorific values of the “List of fuels and their calorific values (CONUEE) to be used for reporting to RENE 2023” were used.
** Refrigerant consumptions were measured as of 2021.

Emissions

Emissions -BBVA México, 2023

2021

2022

2023

Units

Direct CO2 emissions (Scope 1)

22,847

14,829.03

13,224.86

Tons

Indirect CO2 emissions (Scope 2)

27,863

0.20

0

Tons

Indirect CO2 emissions (Scope 3)

2,510

12,991.13

36,688.02

Tons

Total CO2

53,220

27,820.36

49,912.89

Tons

Total CO2 per occupant

1.38

0.66

1.124

tCO2/FTE

Scope: Grupo Financiero BBVA México.
1. Figures as of the end of 2023.
2. The calculation of total CO2 emitted is the result of the sum of Scope 1 (fossil fuels and refrigerant use from 2021), Scope 2 (electricity) and Scope 3 (includes employee commuting, air travel and waste) emissions.
3. The methodology described by the IPCC is used to calculate emissions. In the case of fossil fuel and electricity emission factors, the IPCC and IEA are used. DEFRA emission factors are used for vehicle fleet, refrigerant gas leaks, business travel, waste management and employee travel.
4. The total number of employees is considered as the average number of employees of Grupo Financiero BBVA México in 2023, with a value of 44,398 employees.
5. Gases included in the calculation of emissions Scope 1, 2 and 3: CO2, CH4, N2O.

Kilometers of air travel -BBVA México, 2023

2021

2022

2023

Units

Sections less than 500 km

573,691

2,950,569.68

4,470,949.14

km

Sections between 500 to 3,700 km

4,940,225

17,054,415.56

24,939,909.02

km

Sections longer than 3,700 km

1,401,549

7,623,026.25

13,234,425.90

km

Total

6,915,564

27,628.011

42,645,284.06

km

Purchase of carbon credits


BBVA México purchases and retires carbon credits in an amount equivalent to its CO2 emissions from the categories over which it has direct management capacity (i.e. scopes 1, 2 and some categories of scope 3).

Grupo BBVA developed an internal Voluntary Carbon Market standard, based on best practices, to evaluate high quality carbon credit programs and types of credits that generate a real, additional and verifiable climate impact.

Renewable energy certificates

In addition, in order to advance the transition towards the renewable energy consumption target, in 2023 BBVA México purchased 182,034 renewable energy certificates, representing 182,034 MWh.

Water


Water is an essential resource that guarantees the cleanliness and hygiene of BBVA México’s operations, as well as that of the employees who come to the offices.

Water-BBVA México, 2023

2021

2022

2023

Units

Water withdrawal

Water from pipes12*

445

11,785

27,030

m3

Municipal water*

693,255

636,001

585,032

m3

Total water withdrawn

693,700

647,786

612,062

m3

Water withdrawn per occupant

17.94

15.38

13.79

m3/FTE

Water discharge*

Municipal drainage

659,240

604,541.13

570,975

m3

Water consumption*

Treatment plants

34,459

43,264.874

41,087

m3

Total annual water consumed

728,158

691,051

653,150

m3

Scope: Grupo Financiero BBVA México.
1. Figures as of the end of 2023.
2. he total number of occupants is considered as the average number of employees of Grupo Financiero BBVA México in 2023, with a value of 44,398 employees. The annual water consumption data of the Real Estate Base of Grupo Financiero BBVA México does not consider some locations whose water consumption is unknown, among other aspects, because it is included as part of the rent of the property.
3. Total water consumption in 2023 corresponds to the sum of total water withdrawn and water reused at the treatment plant.
4. The volume of water discharged to the municipal sewage system corresponds to the total water withdrawn minus the water reused in treatment plants.

*Reporting update according to the new GRI 303 (2018) requirements as of 2020.

12Corresponds to the value of Torre BBVA.

The water consumed per square meter (m3/m2) in 2023 was 0.3413.

Water: progress in the GEP

2023 Achievement

2023 Goal

Water
consumption (m3)

(-0.5%) 644,546.65

(-0.5%) 644,546.65

13This figure considers water consumption figures at the end of 2023. An area of 1,898,243.57 m2 was considered.

Paper and waste

Paper consumption - BBVA México, 2023

2021

2022

2023

Units

Total paper consumed

866,824

905,723.5

847,261

kg

Total paper consumed per occupant

22.42

21.52

19.08

kg/FTE

Scope: Grupo Financiero BBVA México.
1. Figures as of the end of 2023.
2. The total number of employees is considered as the average number of employees of Grupo Financiero BBVA México in 2023, with a value of 44,398 employees.

Total paper consumption: progress in the GEP

2023 Achievement

2023 Goal

Total paper consumption (kg)

(-29.95%) 847,261.035

(-1%) 1,209,527.87

The total paper consumed per square meter (kg/m2) in 2023 was 0.4514

14 An area of 1,898,243.57 m2 was considered.

Waste management - BBVA México, 2023

2021

2022

2023

Units

Non-hazardous waste

252,201

594,884

786,737

kg

Hazardous waste

15,751

240,560.8

11,795

kg

Scope: Grupo Financiero BBVA México
1. Figures as of the end of 2023.
2. The waste report for the year 2023 corresponds to 12 properties.

Waste generated: progress in the GEP

2023 Achievement

2023 Goal

Total waste (kg)

(-29.13%) 798,531.70

(-0.5%) 1,126,723.28