Santander Consumer Finance, S.A. Sustainability Profile
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.
DitchCarbon Score
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.
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 Finance, S.A.'s score of 17 is lower than 89% 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 Consumer Finance, S.A.'s reported carbon emissions
In 2024, Santander Consumer Finance, S.A. reported a total carbon emissions figure of approximately -3,760 kg CO2e, indicating a potential carbon offset or negative emissions for that year. This data is part of their global emissions reporting, although specific details regarding Scope 1, 2, and 3 emissions were not disclosed for this year. Looking back to 2019, the company reported total emissions of about 1,990,000 kg CO2e, with emissions distributed across various scopes: 495,000 kg CO2e for Scope 1, 1,000,000 kg CO2e for Scope 2, and 495,000 kg CO2e for Scope 3. This comprehensive disclosure highlights their commitment to transparency in emissions reporting. Despite the significant emissions reported in 2019, there are currently no specific reduction targets or climate pledges documented for Santander Consumer Finance, S.A. This lack of formal commitments may reflect an industry context where many financial institutions are still developing robust climate strategies. Overall, while the recent emissions data suggests a positive trend towards carbon neutrality, the absence of clear reduction initiatives or targets indicates an area for potential growth in their climate commitments.
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| 2019 | |
|---|---|
| Scope 1 | 495,000 |
| Scope 2 | 1,000,000 |
| Scope 3 | 495,000 |
How Carbon Intensive is Santander Consumer Finance, S.A.'s Industry?
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Santander Consumer Finance, S.A.'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 Finance, S.A. 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.
