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OrganisationsSantander UK plc
Santander UK plc logo

Santander UK plc

Financial IntermediationUnited Kingdom
Last verified 27 days agosantander.co.uk

Santander UK plc, a prominent player in the financial intermediation services sector, is headquartered in Great Britain. Established in 2004, the bank has rapidly evolved, becoming a key provider of a wide range of financial products and services, including personal and business banking, mortgages, and savings accounts.

With a strong presence across the UK, Santander UK distinguishes itself through its commitment to customer service and innovative digital banking solutions. The bank has achieved significant milestones, including the launch of its award-winning mobile banking app, which enhances user experience and accessibility.

Recognised for its robust market position, Santander UK plc continues to build on its reputation for reliability and efficiency, making it a trusted choice for millions of customers seeking comprehensive financial solutions.

36
DitchCarbon score

-1 vs industry average

Santander UK plc’s score of 36 is higher than 50% 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 – 2026

0M0M0M0M0

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2020202120222023202420252026

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 plc's reported carbon emissions

Santander UK plc, headquartered in GB and operating in financial intermediation services, reported its latest emissions data for 2023. In 2023, the company's total carbon emissions were approximately 3.5 million kg CO2e. This total encompasses Scope 1 emissions of about 1 million kg CO2e, Scope 2 emissions of approximately 500,000 kg CO2e, and Scope 3 emissions amounting to around 2 million kg CO2e.

Scope 3 emissions in 2023 were further broken down, with purchased goods and services contributing approximately 1.2 million kg CO2e, business travel accounting for about 500,000 kg CO2e, and employee commutes also around 500,000 kg CO2e. Waste generated in operations was approximately 300,000 kg CO2e.

While specific reduction targets are not detailed in the provided information, Santander UK's climate commitments are informed by its parent company, Banco Santander, S.A. The company's performance data is sourced from Santander UK plc, indicating a direct reporting structure for emissions. Previous years' data for Santander UK plc (2020, 2021, 2022) do not contain specific emissions figures. However, emissions intensity data per employee has been reported historically, showing approximately 350 kg CO2e per employee in 2021, 320 kg CO2e per employee in 2022, and 270 kg CO2e per employee in 2023, suggesting a declining trend in emissions relative to its workforce.

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Santander UK plc’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Santander UK plc yet.

Scope 3 top emissions categories

4 of 15 categories disclosed
Purchased Goods & Services60%
Business Travel25%
Employee Commuting25%
Waste Generated in Operations15%
Purchased Goods & Services60%
Business Travel25%
Employee Commuting25%
Waste Generated in Operations15%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

Inherited from Banco Santander, S.A.
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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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No peer comparison is available for Santander UK plc yet.

Usage policy

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Ditchcarbonv260723.3
[email protected]+44 203 475 7875

Ditch Carbon Ltd

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London W1W 5PF

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