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.
Industry Average
Mean score of companies in the 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
Santander's score of 10 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. Consequently, there are no reported Scope 1, 2, or 3 emissions data to analyse. In the absence of concrete emissions data, it is essential to highlight that Santander has not outlined any specific reduction targets or commitments related to the Science Based Targets initiative (SBTi) or other climate pledges. This lack of information suggests that the bank may still be in the early stages of formalising its climate strategy and emissions reduction initiatives. As the financial sector increasingly prioritises sustainability, Santander's future commitments and actions will be crucial in addressing climate change and reducing its carbon footprint. Stakeholders will be looking for clear targets and transparent reporting in the coming years to assess the bank's progress in this critical area.
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.
Santander is not committed to any reduction initiatives 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.
