Banco Santander-Chile, a prominent player in the financial intermediation services sector, is headquartered in Santiago, Chile. Established in 1978, the bank has grown to become a leading provider of a wide range of financial services, including retail banking, corporate banking, and investment solutions.
With a strong focus on innovation, Banco Santander-Chile offers unique products such as digital banking services and tailored financial solutions that cater to both individual and business clients. The bank's commitment to customer service and technological advancement has solidified its position in the competitive Chilean market.
Recognised for its robust financial performance and customer-centric approach, Banco Santander-Chile continues to play a vital role in the economic landscape of the region, serving millions of customers across the country.
-13 vs industry average
Banco Santander-Chile’s score of 22 is lower than 15% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2023
Reported emissions
Scope 3 accounts for ••• of total emissions.
Banco Santander-Chile's reported carbon emissions
Banco Santander-Chile, a financial intermediation services provider based in Chile, is committed to reducing its environmental impact. **Carbon Emissions Data:** * **2020:** Total emissions were approximately 11,143,000 kg CO2e. This comprised approximately 463,000 kg CO2e for Scope 1, approximately 9,602,000 kg CO2e for Scope 2, and approximately 1,078,000 kg CO2e for Scope 3. * **2019:** Total emissions reached approximately 16,158,000 kg CO2e, including approximately 627,000 kg CO2e for Scope 1, approximately 12,090,000 kg CO2e for Scope 2, and approximately 3,441,000 kg CO2e for Scope 3. * **2018:** The bank reported total emissions of approximately 18,377,200 kg CO2e, with Scope 1 at approximately 225,000 kg CO2e, Scope 2 at approximately 13,776,000 kg CO2e, and Scope 3 at approximately 4,376,200 kg CO2e. * **2017:** Emissions for Scope 1 were approximately 230,300 kg CO2e, and for Scope 2 were approximately 14,277,000 kg CO2e. Specific Scope 3 data for this year is not available. For the years 2021, 2022, 2023, and 2024, specific absolute emissions data (Scope 1, 2, or 3) for Banco Santander-Chile is not disclosed. However, production emission factors for electricity generation, oil and gas, aviation, and steel are provided, which may be used in future calculations. **Climate Commitments and Reduction Initiatives:** Banco Santander-Chile has been actively engaged in reducing its carbon footprint. Between 2018 and 2021, the bank aimed to reduce its overall carbon footprint by 5%, implementing initiatives from its energy efficiency and emissions reduction plan. This target applied to both Scope 1 and Scope 2 emissions. **Data Cascading:** Banco Santander-Chile is a current subsidiary and its data may be cascaded from its parent organisation. For climate initiatives, it inherits information from Banco Santander, S.A. at cascade level 1 concerning CDP reporting. Performance data is sourced directly from Banco Santander-Chile at cascade level 0.
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Banco Santander-Chile’s Climate Goals (2030 & 2050)
2 goals2021
5% reduction in Scope 2
To meet the goal of reducing the carbon footprint by 5% by 2021, the Bank continued to implement the initiatives of the energy efficiency an…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
Inherited from Banco Santander, S.A.The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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