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.
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.
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.
Santander's score of 15 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Santander does not report any specific carbon emissions figures, indicating a lack of publicly disclosed emissions data. Consequently, there are no recorded Scope 1, 2, or 3 emissions figures to analyse. Additionally, there are no documented reduction targets or climate pledges from the organisation, which suggests that Santander may not have established formal commitments to reduce its carbon footprint at this time. In the context of the financial industry, many institutions are increasingly focusing on sustainability and climate action. However, without specific data or commitments from Santander, it is challenging to assess their position relative to industry standards or peer organisations. Overall, Santander's current climate strategy appears to be undefined, with no emissions data or reduction initiatives reported.
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.