Grupo Financiero Santander Mexico, S.A.B. de C.V. Sustainability Profile
Grupo Financiero Santander Mexico, S.A.B. de C.V., commonly referred to as Santander Mexico, is a leading financial institution headquartered in Mexico City. Established in 1999, the company has rapidly expanded its operations across major regions in Mexico, providing a comprehensive range of banking and financial services. As a prominent player in the banking industry, Santander Mexico offers unique products including retail banking, corporate banking, investment services, and insurance solutions. The institution is recognised for its innovative digital banking platforms, which enhance customer experience and accessibility. With a strong market position, Santander Mexico has achieved significant milestones, including numerous awards for customer service excellence and digital innovation. Its commitment to sustainable finance further distinguishes it in the competitive landscape, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Grupo Financiero Santander Mexico, S.A.B. de C.V.'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
Grupo Financiero Santander Mexico, S.A.B. de C.V.'s score of 43 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grupo Financiero Santander Mexico, S.A.B. de C.V. currently does not have specific carbon emissions data available, as indicated by the absence of reported figures. The organisation is part of a corporate family that includes Banco Santander, S.A., from which it inherits climate-related initiatives and commitments. As a merged entity, Grupo Financiero Santander Mexico is aligned with the sustainability goals set by its parent company, Banco Santander, S.A. This includes participation in various climate initiatives, although specific reduction targets or achievements have not been disclosed for this entity. The emissions data and climate commitments are cascaded from Banco Santander, S.A., which operates at a higher corporate level. While no specific emissions figures are reported, the organisation is expected to adhere to industry-standard climate terminology and practices, reflecting a commitment to sustainability in the financial sector. The lack of detailed emissions data highlights the need for transparency and accountability in corporate climate strategies.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,414,100 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 73,463,380 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 0,000,000 |
How Carbon Intensive is Grupo Financiero Santander Mexico, S.A.B. de C.V.'s Industry?
How Carbon Intensive is Grupo Financiero Santander Mexico, S.A.B. de C.V.'s Location?
Grupo Financiero Santander Mexico, S.A.B. de C.V.'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.
Grupo Financiero Santander Mexico, S.A.B. de C.V. 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.
