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 14 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 2019, Santander Consumer Finance, S.A. reported total carbon emissions of approximately 1,990,000 kg CO2e. This figure includes Scope 1 emissions of about 495,000 kg CO2e, Scope 2 emissions of around 1,000,000 kg CO2e, and Scope 3 emissions also at approximately 495,000 kg CO2e. The combined total for Scope 1 and Scope 2 emissions stands at about 1,495,000 kg CO2e. Currently, Santander Consumer Finance has not established any specific reduction targets or initiatives, nor do they participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The absence of reduction commitments indicates a potential area for improvement in their climate strategy. As of now, there is no cascaded emissions data from a parent or related organisation, meaning all reported figures are directly from Santander Consumer Finance, S.A. This context highlights the need for the company to enhance its climate commitments and set measurable targets to align with industry standards for sustainability.
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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.
