Santander Consumer Bank AG
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.
DitchCarbon Score
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.
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 Consumer Bank AG's score of 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Santander Consumer Bank AG's reported carbon emissions
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 encompass direct emissions from owned or controlled sources. Additionally, the bank's Scope 2 emissions amounted to about 4,660,750 kg CO2e, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The most significant portion of their emissions, approximately 270,497,720 kg CO2e, falls under Scope 3, which includes emissions from purchased goods and services, with about 243,296,950 kg CO2e attributed to this category. Despite the substantial emissions reported, Santander Consumer Bank AG has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or reduction strategies suggests a need for further transparency and action in addressing their environmental impact. As the financial sector increasingly prioritises sustainability, Santander's future commitments will be crucial in aligning with industry standards and expectations for climate responsibility.
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| 2023 | |
|---|---|
| Scope 1 | 295,212,380 |
| Scope 2 | 4,660,750 |
| Scope 3 | 270,497,720 |
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 Consumer Bank AG is not committed to any reduction initiatives 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.
