Public Profile

Santander

Santander, officially known as Banco Santander México, is a prominent financial institution headquartered in Mexico City, Mexico. Established in 1998, it has rapidly evolved into a key player in the banking sector, primarily serving the Latin American market. The bank offers a diverse range of services, including retail banking, corporate banking, and investment solutions, distinguished by its customer-centric approach and innovative digital platforms. With a strong emphasis on financial inclusion, Santander has achieved significant milestones, such as expanding its branch network and enhancing its online banking capabilities. The bank is recognised for its robust market position, consistently ranking among the top banks in Mexico. Its commitment to sustainability and community development further solidifies its reputation as a responsible financial leader in the region.

DitchCarbon Score

How does Santander'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.

10

Industry Average

Mean score of companies in the Beverage Manufacturing 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.

16

Industry Benchmark

Santander's score of 10 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.

63%

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Santander's reported carbon emissions

Santander, headquartered in Mexico (MX), currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. In the absence of concrete emissions data, it is essential to note that many financial institutions, including Santander, are increasingly recognising the importance of addressing climate change and are likely to be developing strategies to reduce their carbon footprint. This includes potential commitments to align with global climate goals and enhance sustainability practices within their operations. As the financial sector evolves, Santander may implement initiatives aimed at reducing emissions across various scopes, including Scope 1 (direct emissions), Scope 2 (indirect emissions from energy consumption), and Scope 3 (indirect emissions from the value chain). However, without specific data or commitments, it is challenging to provide a detailed overview of their current climate impact or future objectives.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Santander's primary industry is Beverages, which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Santander is in MX, which has a medium grid carbon intensity relative to other regions.

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.

Santander 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers