Santander Bank, National Association Sustainability Profile
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.
DitchCarbon Score
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.
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 Bank, National Association's score of 17 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Santander Bank, National Association's reported carbon emissions
In 2024, Santander Bank, National Association reported total emissions of approximately 33,000 kg CO2e, comprising 5,000 kg CO2e from Scope 1, 18,000 kg CO2e from Scope 2, and 9,000 kg CO2e from Scope 3 emissions. This reflects a decrease in Scope 2 emissions from 22,000 kg CO2e in 2023, indicating a commitment to reducing indirect emissions from electricity usage. Despite these figures, Santander has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The bank's emissions data is not cascaded from a parent organisation, ensuring that the reported figures are solely reflective of its own operations. Overall, Santander Bank, National Association is actively monitoring its carbon footprint, with a focus on transparency in emissions reporting, although further commitments to reduction strategies would enhance its climate action profile.
How Carbon Intensive is Santander Bank, National Association's Industry?
How Carbon Intensive is Santander Bank, National Association's Location?
Santander Bank, National Association'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 Bank, National Association 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.
