Santander Consumer Bank AG Sustainability Profile
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 45 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Santander Consumer Bank AG's reported carbon emissions
In 2024, Santander Consumer Bank AG reported total carbon emissions of approximately 234,688,720 kg CO2e, with emissions distributed across all three scopes: 13,944.19 kg CO2e for Scope 1, 3,271,139 kg CO2e for Scope 2, and 234,688,720 kg CO2e for Scope 3. This represents a significant increase in emissions compared to 2023, where total emissions were about 270,497,720 kg CO2e, with Scope 1 emissions at 23,955.16 kg CO2e and Scope 2 at 4,660,745.6 kg CO2e. In 2022, the bank's total emissions were approximately 261,783,720 kg CO2e, with Scope 1 emissions at 25,483,508 kg CO2e and Scope 2 at 5,127,927 kg CO2e. The data indicates a trend of increasing emissions over the years, particularly in Scope 3, which typically encompasses indirect emissions from the value chain. Despite the lack of specific reduction targets or initiatives disclosed, the bank's emissions data is cascaded from its parent organization, Santander Consumer Bank AG, indicating a corporate family relationship. The absence of formal climate pledges or SBTi reduction targets suggests that while emissions are tracked, there may be limited public commitments to specific reduction goals at this time. Overall, Santander Consumer Bank AG's emissions profile highlights the importance of addressing Scope 3 emissions, which constitute the majority of their carbon footprint, and suggests a need for enhanced climate commitments moving forward.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 25,483,508 | 00,000.00 | 00,000.00 |
| Scope 2 | 5,127,927 | 0,000,000.0 | 0,000,000 |
| Scope 3 | 243,296,950 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Santander Consumer Bank AG's Industry?
How Carbon Intensive is Santander Consumer Bank AG's Location?
Santander Consumer Bank AG'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 Consumer Bank AG 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.
