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Santander UK Group Holdings plc
Financial IntermediationUnited Kingdom
Last verified 22 days agosantander.co.uk
Santander UK Group Holdings plc, commonly known as Santander UK, is a significant financial services provider operating across the United Kingdom. Headquartered in the UK, it forms a crucial part of the global Banco Santander group, delivering essential financial intermediation services to a diverse client base.
Established through the strategic acquisition of Abbey National in 2004 and subsequent integrations, Santander UK has grown into one of the nation's leading retail and commercial banks. It offers a comprehensive suite of products, including current accounts, savings, mortgages, loans, and credit cards, for personal, business, and corporate clients. The bank is committed to simpler, more personal, and fairer banking, leveraging digital innovation alongside a strong branch network to serve its customers effectively.
39
DitchCarbon score
+2 vs industry average
Santander UK Group Holdings plc’s score of 39 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Financial Intermediation has below-average carbon intensity
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Santander UK Group Holdings plc's reported carbon emissions
Santander UK Group Holdings plc, a UK-based financial intermediation services provider, reported its 2024 Scope 1 emissions at approximately 2.47 million kg CO2e. Its Scope 2 emissions (market-based) for the same year were about 65,000 kg CO2e, and Scope 3 emissions totalled approximately 245.31 million kg CO2e. This Scope 3 total includes about 723 million kg CO2e from investments and 3.04 million kg CO2e from business travel.
In 2023, the company's Scope 1 emissions were approximately 2.83 million kg CO2e. Scope 2 emissions (market-based) stood at about 63,000 kg CO2e, and Scope 3 emissions were around 300.75 million kg CO2e, which included approximately 539 million kg CO2e from investments and 2.53 million kg CO2e from business travel.
For 2022, Santander UK Group Holdings plc reported Scope 1 emissions of approximately 4.51 million kg CO2e and Scope 2 emissions (market-based) of about 24,000 kg CO2e. Scope 3 business travel emissions were around 1.4 million kg CO2e. The total Scope 1 and 2 emissions for 2022 were about 756,000 kg CO2e.
The company has not disclosed any specific reduction targets or climate commitments beyond these emissions reports.
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Santander UK Group Holdings plc’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Santander UK Group Holdings plc yet.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Carbon Disclosure Project
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The Climate Pledge
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UN Global Compact Climate Champions initiative
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RE 100
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Climate Action 100
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Santander UK Group Holdings plc22 days ago
39
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