Santander Consumer Finance, S.A., a prominent player in the financial services sector, is headquartered in Spain and operates extensively across Europe and the Americas. Founded in 2007, the company has rapidly established itself as a leader in consumer finance, specialising in auto loans, personal loans, and credit cards. With a commitment to innovation, Santander Consumer Finance offers tailored financial solutions that cater to the diverse needs of its customers, setting itself apart through competitive rates and flexible terms. The company has achieved significant milestones, including a strong market presence and recognition for its customer-centric approach. As a subsidiary of the global Santander Group, it continues to enhance its reputation in the consumer finance industry, driving growth and fostering financial inclusion.
How does Santander Consumer Finance, S.A.'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 Finance, S.A.'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.
In 2021, Santander Consumer Finance, S.A. reported emissions primarily from Scope 1 and Scope 2 sources, with specific emissions factors for various activities. The emissions from diesel car fleet operations were approximately 2.5123 kg CO2e per unit, while heating oil for central heating and hot water contributed about 2.5401 kg CO2e per unit. Additionally, district heating accounted for around 0.0965 kg CO2e per unit. However, no emissions data was disclosed for 2022, and there are no reported Scope 3 emissions. Despite the absence of specific reduction targets or commitments, Santander Consumer Finance has not cascaded any emissions data from a parent company, indicating that their emissions reporting is independent. The organisation has not established any formal climate pledges or SBTi reduction targets, reflecting a need for enhanced climate action strategies in line with industry standards.
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 Finance, S.A. 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.