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Santander BanCorp, a prominent financial institution headquartered in the United States, operates primarily in the banking and financial services industry. Founded in 2013, the company has established itself as a key player in the market, particularly in the regions of Puerto Rico and the continental U.S. Specialising in retail banking, commercial banking, and mortgage services, Santander BanCorp offers a range of core products designed to meet diverse customer needs. Its unique approach combines innovative digital solutions with personalised customer service, setting it apart from competitors. With a strong market position, Santander BanCorp has achieved notable milestones, including significant growth in its customer base and a commitment to community development. The company continues to enhance its offerings, ensuring it remains a trusted choice for individuals and businesses alike.
How does Santander BanCorp'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 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.
Santander BanCorp's score of 25 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Santander BanCorp, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The organisation's climate commitments and reduction initiatives are also not detailed, suggesting a lack of formal targets or pledges at this time. However, it is important to note that Santander BanCorp's emissions data may be cascaded from its parent company, FirstBank Puerto Rico, which operates at a cascade level of 1. This means that any climate-related initiatives or emissions data from FirstBank Puerto Rico could potentially influence Santander BanCorp's overall environmental strategy. As of now, Santander BanCorp has not established any specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other recognised frameworks. The absence of reported emissions and reduction initiatives highlights an opportunity for the organisation to enhance its climate strategy and align with industry standards for sustainability.
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 BanCorp 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.