Santander BanCorp Sustainability Profile
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.
DitchCarbon Score
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.
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
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.
Let us know if this data was useful to you
Santander BanCorp's reported carbon emissions
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.
How Carbon Intensive is Santander BanCorp's Industry?
How Carbon Intensive is Santander BanCorp's Location?
Santander BanCorp'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.
Santander BanCorp has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
