Banco Santander de Negocios Colombia S.A. Sustainability Profile
Banco Santander de Negocios Colombia S.A., commonly referred to as Santander Colombia, is a prominent financial institution headquartered in Bogotá, Colombia. Established in 1998, the bank has rapidly evolved to become a key player in the Colombian banking sector, focusing on corporate and investment banking services. With a strong presence in major urban centres across the country, Santander Colombia offers a diverse range of products, including commercial loans, treasury services, and risk management solutions. Its commitment to innovation and customer service distinguishes it from competitors, making it a preferred choice for businesses seeking tailored financial solutions. Recognised for its robust market position, Banco Santander de Negocios Colombia S.A. has achieved significant milestones, including numerous awards for excellence in banking services. The bank continues to play a vital role in supporting the growth of Colombia's economy through its comprehensive financial offerings.
DitchCarbon Score
How does Banco Santander de Negocios Colombia 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 de Negocios Colombia S.A.'s score of 46 is higher than 68% 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 de Negocios Colombia S.A. currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Banco Santander, S.A., and any relevant emissions data or climate commitments may be inherited from this parent company. As part of its climate strategy, Banco Santander, S.A. has made commitments to reduce its carbon footprint, although specific reduction targets for Banco Santander de Negocios Colombia S.A. have not been detailed. The organisation is involved in broader initiatives such as the Carbon Disclosure Project (CDP), which is cascaded from its parent company, indicating a commitment to transparency and accountability in climate-related disclosures. While no specific emissions data or reduction targets are available for Banco Santander de Negocios Colombia S.A., the company's affiliation with Banco Santander, S.A. suggests alignment with industry standards and practices aimed at addressing climate change.
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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 de Negocios Colombia S.A.'s Industry?
How Carbon Intensive is Banco Santander de Negocios Colombia S.A.'s Location?
Banco Santander de Negocios Colombia S.A.'s Scope 3 Categories Breakdown
Banco Santander de Negocios Colombia 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.
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Banco Santander de Negocios Colombia 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 de Negocios Colombia 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.
