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Grupo Financiero Santander Mexico, S.A.B. de C.V.
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 52 is higher than 73% 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 emissions figures. The organisation is part of a corporate family that includes Banco Santander, S.A., from which it inherits emissions data and climate commitments. This relationship places Grupo Financiero Santander Mexico at a cascade level of three in terms of data sourcing. While no specific reduction targets or achievements are listed for Grupo Financiero Santander Mexico, it is important to note that the broader parent company, Banco Santander, S.A., is actively engaged in climate initiatives. These initiatives may influence the commitments and strategies of Grupo Financiero Santander Mexico, although specific details are not provided. The organisation's climate commitments and reduction initiatives are not explicitly outlined, indicating a potential area for development in their sustainability strategy. As a merged entity, Grupo Financiero Santander Mexico may benefit from the climate pledges and targets set by its parent company, which could include industry-standard practices and frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). In summary, while specific emissions data and reduction targets for Grupo Financiero Santander Mexico are currently unavailable, its affiliation with Banco Santander suggests a commitment to climate action that may be reflected in future reporting and initiatives.
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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 |
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.
Grupo Financiero Santander Mexico, S.A.B. de C.V. is not participating in any of the initiatives that 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.
