Banco Santander, S.A. - London Branch Sustainability Profile
Banco Santander, S.A. - London Branch, a prominent entity in the global banking sector, operates under the umbrella of its headquarters in Great Britain. Established in 1857, Santander has evolved into a leading financial institution, renowned for its comprehensive range of banking services, including retail banking, corporate finance, and investment solutions. With a strong presence across Europe, Latin America, and the United States, the London Branch plays a pivotal role in facilitating international trade and investment. Santander's core offerings, such as personal and business accounts, loans, and wealth management, are distinguished by their customer-centric approach and innovative digital solutions. As a key player in the banking industry, Banco Santander has consistently achieved notable milestones, including recognition for its sustainable banking practices and commitment to financial inclusion, solidifying its position as a trusted partner for individuals and businesses alike.
DitchCarbon Score
How does Banco Santander, S.A. - London Branch'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, S.A. - London Branch'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, S.A. - London Branch currently does not report specific carbon emissions data, as no emissions figures are available. The branch is a current subsidiary of Banco Santander, S.A., which may influence its climate commitments and initiatives. While there are no documented reduction targets or climate pledges specific to the London Branch, it is important to note that emissions data and performance metrics may be inherited from its parent company, Banco Santander, S.A. This relationship suggests that the London Branch may align with broader corporate sustainability goals set by the parent organisation. Banco Santander, S.A. has been actively involved in climate initiatives, including participation in the CDP (formerly the Carbon Disclosure Project), which indicates a commitment to transparency in environmental impact. However, specific details regarding reduction targets or achievements at the London Branch level remain unspecified. In summary, while Banco Santander, S.A. - London Branch does not currently provide emissions data or specific climate commitments, it is part of a larger corporate structure that may influence its environmental strategies and initiatives.
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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, S.A. - London Branch's Industry?
How Carbon Intensive is Banco Santander, S.A. - London Branch's Location?
Banco Santander, S.A. - London Branch's Scope 3 Categories Breakdown
Banco Santander, S.A. - London Branch'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, S.A. - London Branch'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, S.A. - London Branch 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.
