Banco Santander (Brasil) S.A.
Banco Santander (Brasil) S.A., a prominent player in the Brazilian banking sector, is headquartered in São Paulo. Established in 1982, the bank has grown significantly, becoming a key provider of financial services across the country, particularly in major urban centres. As a subsidiary of the global Santander Group, Banco Santander Brasil operates primarily in retail banking, corporate banking, and investment services. Its core offerings include personal and business loans, credit cards, and investment products, distinguished by a strong emphasis on digital innovation and customer service. With a robust market position, Banco Santander Brasil has achieved notable milestones, including recognition for its commitment to sustainability and financial inclusion. The bank continues to enhance its reputation as a trusted financial partner in Brazil, leveraging technology to meet the evolving needs of its diverse clientele.
DitchCarbon Score
How does Banco Santander (Brasil) S.A.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Banco Santander (Brasil) S.A.'s score of 30 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Banco Santander (Brasil) S.A.'s reported carbon emissions
In 2022, Banco Santander (Brasil) S.A. reported carbon emissions data that includes significant metrics related to its operations. The bank disclosed a carbon emissions factor of approximately 210 kg CO2e per MWh of electricity consumed, 73,800 kg CO2e per TJ of energy, and 92.47 kg CO2e per revenue passenger kilometre (RPK). Additionally, for steel production, the emissions were about 1,580 kg CO2e per tonne. For the year 2021, the bank reported gross global combined Scope 1 emissions of approximately 700 kg CO2e per unit of total revenue (USD). However, specific data for Scope 2 and Scope 3 emissions were not disclosed for either year. Currently, Banco Santander (Brasil) S.A. does not have any publicly stated reduction targets or climate pledges, nor does it inherit emissions data from a parent company. The bank's climate commitments and initiatives remain unspecified, indicating a potential area for future development in sustainability practices.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Banco Santander (Brasil) S.A. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
