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 47 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Banco Santander (Brasil) S.A.'s reported carbon emissions
In 2023, Banco Santander (Brasil) S.A. reported total carbon emissions of approximately 2,500,000 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 28,354,630 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 22,332,260 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 data indicates a trend of decreasing emissions over the years, showcasing the bank's commitment to reducing its carbon footprint. Despite the positive trajectory, there are currently no specific reduction targets or climate pledges disclosed by Banco Santander (Brasil) S.A. Nonetheless, the bank's ongoing efforts to monitor and report its emissions reflect a commitment to addressing climate change and improving sustainability practices within the financial sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| 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
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 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.
