Company: BBVXF
Filing Date: 2025-03-21
Form Type: 6-K
Source: 0000842180-25-000016
Chunk: 290

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-03-21
Form: 6-K
Chunk 290
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3 and 2024 (MtCO2e) |

Considering the same perimeter as at the end of 2023, financed emissions have been reduced by 15.3%, from 159.1 to 134.69 MtCO 2 e. By geography, the reduction of 7.8 MtCO 2 e in Spain stands out due to adjustments to emission factors, as well as in Colombia and Peru, with a reduction of 6.4 and 8.1 MtCO 2 e respectively, mainly due to the reduction in exposure to relevant customers in the fossil fuel portfolio.

For financed emissions, an economic intensity metric was calculated using the bank’s exposure to its counterparties for its associated emissions. As a result, the intensity coefficient was 690 tCO 2 e/€M.

In the future, fluctuations in the measurement of financed emissions can be expected, both due to revisions of emissions factors provided by PCAF and due to greater use of data reported by clients as their publication becomes more widespread.

| PILLAR 3 2024 |     | 7. PRUDENTIAL DISCLOSURES ON ENVIRONMENTAL, SOCIAL AND GOVERNANCE RISKS |     | P.294 |

| Table 104.ESG1. Banking book- Climate Change transition risk: Credit quality of exposures by sector, emissions and residual maturity(Million euros. 12-31-2024) |

|                                                                                                                                        |     | Gross carrying amount |     |         |                                            |     |        |                                            |     |       |     |                            |     |                                   | Accumulated impairment, accumulated negative changes in fair value due to credit risk and provisions |     |        |     |                            |     |                                   | GHG financed emissions (scope 1, scope 2 and scope 3 emissions of the counterparty) (in tons of CO2 equivalent) |     |             |     |                                     | GHG emissions percentage  derived from company-specific reporting(3) |     |      |     | <= 5 years |     | > 5 year <= 10 years |     | > 10 year <= 20 years |     | > 20 years |     | Average weighted maturity |
| Sector/subsector                                                                                                                       |     |                       |     |         | Of which  excluded from Paris Agreement(2) |     |        | Of which environmentally sustainable (CCM) |     |       |     | Of which stage 2 exposures |     | Of which non-performing