Public Profile

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.

47

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.

3

Industry Benchmark

Banco Santander (Brasil) S.A.'s score of 47 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Banco Santander (Brasil) S.A.'s reported carbon emissions

In 2023, Banco Santander (Brasil) S.A. reported total carbon emissions of approximately 3,500,000 kg CO2e, comprising 1,000,000 kg CO2e from Scope 1, 500,000 kg CO2e from Scope 2, and 2,000,000 kg CO2e from Scope 3 emissions. This marks a significant reduction from previous years, particularly from 2021, when total emissions were about 35,000,000 kg CO2e, with Scope 1 emissions at 6,434,250 kg CO2e, Scope 2 at 27,765,030 kg CO2e, and Scope 3 at 28,354,630 kg CO2e. In 2022, the bank's emissions were approximately 23,000,000 kg CO2e, with Scope 1 at 2,695,700 kg CO2e, Scope 2 at 1,133,550 kg CO2e, and Scope 3 at 21,332,260 kg CO2e. The substantial decrease in emissions from 2021 to 2023 indicates a strong commitment to reducing their carbon footprint. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Banco Santander (Brasil) S.A. Nonetheless, the bank's ongoing efforts to lower emissions across all scopes reflect a proactive approach to climate responsibility within the financial sector.

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2020202120222023
Scope 1
13,037,470
0,000,000
0,000,000
0,000,000
Scope 2
8,495,730
0,000,000
0,000,000
000,000
Scope 3
12,631,540
00,000,000
00,000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Banco Santander (Brasil) S.A.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Banco Santander (Brasil) S.A. is headquartered in BR, which has a rank of very low, indicating very low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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