Santander Bank, National Association
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 23 is lower than 71% 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 2021, Santander Bank, National Association reported its carbon emissions, with specific data indicating emissions from various sources. The bank's Scope 1 emissions included approximately 2.5401 kg CO2e from heating oil for central heating and hot water, and about 2.5123 kg CO2e from its diesel car fleet. Additionally, it reported Scope 2 emissions of around 0.0965 kg CO2e from district heating. In total, the bank's emissions data for 2021 reflects a commitment to transparency, although no specific emissions data for 2022 has been provided. As of now, Santander Bank has not established any formal reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The absence of disclosed reduction targets suggests that the bank is still in the early stages of developing a comprehensive climate strategy. The bank's emissions data is not cascaded from a parent company, indicating that it operates independently in its reporting and climate commitments. Overall, while Santander Bank, National Association has begun to disclose its emissions, further commitments and reduction strategies are necessary to align with industry standards for climate action.
Industry emissions intensity
Location emissions intensity
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 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.
