Banco Santander Argentina S.A. Sustainability Profile
Banco Santander Argentina S.A., a prominent player in the Argentine banking sector, is headquartered in Buenos Aires, Argentina. Established in 1997, the bank has grown significantly, offering a wide range of financial services across the country, particularly in major urban centres. As part of the global Santander Group, Banco Santander Argentina focuses on retail and commercial banking, providing unique products such as personal loans, credit cards, and investment solutions tailored to meet the diverse needs of its customers. The bank is recognised for its innovative digital banking services, enhancing customer experience and accessibility. With a strong market position, Banco Santander Argentina has achieved notable milestones, including a robust customer base and a commitment to sustainable finance. Its dedication to excellence in service and community engagement solidifies its reputation as a trusted financial institution in the region.
DitchCarbon Score
How does Banco Santander Argentina 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 Argentina S.A.'s score of 43 is higher than 65% 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 Argentina S.A. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. However, the bank is part of a broader corporate family, inheriting climate commitments and performance metrics from its parent company, Banco Santander, S.A. This relationship places it within a framework of sustainability initiatives and targets set by the parent organisation. While no specific reduction targets or achievements are listed for Banco Santander Argentina S.A., it is important to note that the emissions data and climate strategies are cascaded from Banco Santander, S.A. at a level 2 relationship. This means that the overarching climate commitments and performance metrics from the parent company influence the subsidiary's approach to carbon emissions and sustainability. Banco Santander, S.A. has been actively involved in various climate initiatives, including participation in the Carbon Disclosure Project (CDP), which provides a platform for companies to disclose their environmental impact. The bank's commitment to sustainability is reflected in its alignment with industry standards and practices, although specific targets for reduction have not been detailed for the Argentine subsidiary. In summary, while Banco Santander Argentina S.A. lacks specific emissions data and reduction targets, it operates under the sustainability framework established by its parent company, Banco Santander, S.A., which is committed to addressing climate change and reducing carbon emissions across its operations.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 259,567,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 |
How Carbon Intensive is Banco Santander Argentina S.A.'s Industry?
How Carbon Intensive is Banco Santander Argentina S.A.'s Location?
Banco Santander Argentina S.A.'s Scope 3 Categories Breakdown
Banco Santander Argentina S.A.'s Scope 3 emissions, which increased by 790% last year and increased by approximately 741% since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
Top Scope 3 Categories
Banco Santander Argentina S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Banco Santander Argentina S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
