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 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
In 2016, Grupo Financiero Santander Mexico, S.A.B. de C.V. reported total carbon emissions of approximately 81.8 million kg CO2e. This figure includes Scope 1 emissions of about 683,880 kg CO2e, Scope 2 emissions of approximately 68.4 million kg CO2e, and Scope 3 emissions of around 14.2 million kg CO2e. The organisation's emissions data is cascaded from its parent company, Banco Santander, S.A., reflecting a corporate family relationship. However, there are currently no specific reduction targets or climate pledges documented for Grupo Financiero Santander Mexico. As part of its commitment to sustainability, the company is expected to align with broader industry standards and initiatives, although specific initiatives or targets have not been disclosed. The absence of detailed reduction strategies highlights the need for further transparency in their climate commitments.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Wells Fargo
Mastercard
Goldman Sachs
Bank Of Nova Scotia
Let us know if this data was useful to you
Usage Policy
You're welcome to quote or reference data from this page, but please include a visible link back to this URL.
Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.