Santander, officially known as Banco Santander México, is a prominent financial institution headquartered in Mexico City, Mexico. Established in 1998, it has rapidly evolved into a key player in the banking sector, primarily serving the Latin American market. The bank offers a diverse range of services, including retail banking, corporate banking, and investment solutions, distinguished by its customer-centric approach and innovative digital platforms. With a strong emphasis on financial inclusion, Santander has achieved significant milestones, such as expanding its branch network and enhancing its online banking capabilities. The bank is recognised for its robust market position, consistently ranking among the top banks in Mexico. Its commitment to sustainability and community development further solidifies its reputation as a responsible financial leader in the region.
How does Santander'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.
Mean score of companies in the Beverage Manufacturing 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.
Santander's score of 15 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, Santander does not report any specific carbon emissions figures, indicating a lack of disclosed emissions data for the most recent year. Consequently, there are no absolute emissions numbers to analyse, including Scope 1, 2, or 3 emissions. In terms of climate commitments, Santander has not outlined any specific reduction targets or initiatives. There are no documented science-based targets (SBTi) or other reduction initiatives available, which suggests that the organisation may not currently have formalised climate pledges or reduction strategies in place. Given the absence of emissions data and reduction commitments, it is essential for Santander to consider establishing measurable climate goals and transparent reporting practices to align with industry standards and enhance its sustainability profile.
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 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.