Santander Bank, National Association, commonly referred to as Santander Bank, is a prominent financial institution headquartered in the United States. Established in 2013, it has rapidly expanded its presence across major operational regions, including the Northeast and Mid-Atlantic areas. As a key player in the banking industry, Santander Bank offers a diverse range of services, including personal and business banking, mortgages, and wealth management. What sets Santander Bank apart is its commitment to customer-centric solutions, leveraging innovative technology to enhance the banking experience. The bank has achieved notable milestones, including recognition for its robust digital banking platform and community engagement initiatives. With a strong market position, Santander Bank continues to serve millions of customers, providing tailored financial products that meet the evolving needs of individuals and businesses alike.
How does Santander Bank, National Association'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 Bank, National Association's score of 11 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Santander Bank, National Association reported total carbon emissions of approximately 5,000 kg CO2e from Scope 1, 18,000 kg CO2e from Scope 2, and 9,000 kg CO2e from Scope 3, resulting in a combined total of about 32,000 kg CO2e. This reflects a decrease in Scope 2 emissions from 22,000 kg CO2e in 2023, while Scope 1 and Scope 3 emissions remained consistent. The bank has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded data from a parent organisation. Santander Bank, National Association is currently not participating in any industry-standard climate initiatives such as the Science Based Targets initiative (SBTi) or similar pledges. Overall, while Santander Bank, National Association has made strides in tracking its emissions, further commitments and reduction strategies would enhance its climate action profile.
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 Bank, National Association 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.
