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Financial Intermediation
US
updated 12 days ago

Santander Holdings USA, Inc.

Company website

Santander Holdings USA, Inc., a prominent player in the financial services sector, is headquartered in the United States, with significant operations across key regions. Founded in 2013, the company has rapidly established itself within the banking industry, offering a diverse range of services including retail banking, commercial banking, and wealth management. Santander's core products, such as personal loans, mortgages, and credit cards, are designed to meet the evolving needs of its customers, emphasising convenience and competitive rates. The company is recognised for its commitment to customer service and innovative digital banking solutions, positioning it as a trusted choice for individuals and businesses alike. With a strong market presence, Santander Holdings USA continues to achieve notable milestones, reinforcing its reputation as a leader in the financial landscape.

DitchCarbon Score

How does Santander Holdings USA, Inc.'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.

46

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.

30

Industry Benchmark

Santander Holdings USA, Inc.'s score of 46 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

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Santander Holdings USA, Inc.'s reported carbon emissions

Inherited from Banco Santander, S.A.

Santander Holdings USA, Inc., headquartered in the US, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Banco Santander, S.A., and any relevant emissions data or climate commitments may be inherited from this parent company. As part of its climate strategy, Santander Holdings USA, Inc. is aligned with initiatives from Banco Santander, S.A., which may include commitments to reduce carbon emissions and enhance sustainability practices. However, specific reduction targets or achievements have not been disclosed for Santander Holdings USA, Inc. itself. The absence of detailed emissions data and reduction initiatives suggests that the company may still be in the process of establishing its own climate commitments or reporting frameworks. As a subsidiary, it may rely on the broader sustainability goals set by Banco Santander, S.A., which could include industry-standard climate initiatives such as the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). In summary, while Santander Holdings USA, Inc. does not currently provide specific emissions data or reduction targets, it is positioned within a corporate family that is likely engaged in broader climate commitments through its parent organisation, Banco Santander, S.A.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201620172018201920202021202220232024
Scope 1
27,001,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
258,356,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
132,734,000
000,000,000
000,000,000
000,000,000
-
00,000,000
00,000,000
000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Santander Holdings USA, Inc.'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Santander Holdings USA, Inc. is in US, which has a low grid carbon intensity relative to other regions.

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 Holdings USA, Inc. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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