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Financial Intermediation
US
updated 6 months ago

Santander BanCorp

Company website

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.

25

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.

28

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.

43%

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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.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Santander BanCorp's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very 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 BanCorp is in US, which has a low 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 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.

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

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