Santander Consumer Bank AG, a prominent player in the financial services sector, is headquartered in Germany and operates extensively across Europe. Founded in 1984, the bank has established itself as a key provider of consumer finance solutions, specialising in auto loans, personal loans, and credit cards. With a commitment to innovation, Santander Consumer Bank AG offers unique products tailored to meet the diverse needs of its customers, including flexible financing options and competitive interest rates. The bank's strong market position is underscored by its robust customer base and notable achievements in digital banking services. As part of the global Santander Group, it leverages extensive resources and expertise to deliver exceptional financial solutions, making it a trusted choice for consumers seeking reliable banking services.
How does Santander Consumer Bank AG'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 Consumer Bank AG's score of 23 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Santander Consumer Bank AG reported total carbon emissions of approximately 295,212,380 kg CO2e. This figure includes 295,212,380 kg CO2e from Scope 1 emissions, which primarily stem from direct operations, and 4,660,750 kg CO2e from Scope 2 emissions, related to energy consumption. Additionally, the bank's Scope 3 emissions amounted to about 270,497,720 kg CO2e, with a significant portion, approximately 243,296,950 kg CO2e, attributed to purchased goods and services. Despite the substantial emissions figures, there are currently no disclosed reduction targets or specific climate commitments from Santander Consumer Bank AG. The absence of defined initiatives suggests a need for further development in their sustainability strategy. As the financial sector increasingly prioritises climate action, Santander Consumer Bank AG may benefit from establishing clear reduction goals to align with industry standards and enhance its environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
2023 | |
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Scope 1 | 295,212,380 |
Scope 2 | 4,660,750 |
Scope 3 | 270,497,720 |
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 Consumer Bank AG 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.