Banco Santander

Sustainability Report and Carbon Intensity Rankings

Is Banco Santander doing their part?

Their DitchCarbon score is 64

Banco Santander has a DitchCarbon Score of 64, indicating a moderate level of sustainability in its operations. This score reflects the bank’s efforts to manage its carbon intensity and reduce greenhouse gas emissions. A higher score would signify even greater success in minimizing carbon intensity and enhancing sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Banco Santander is a company in the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Banco Santander is situated in Spain, which has a low carbon intensity rating. This favorable environmental context supports the bank’s sustainability efforts by reducing its carbon footprint through the national energy mix.
13.17%

...this company is doing 13.17% better in emissions than the industry average.

Banco Santander, founded in 1857 and headquartered in Boadilla del Monte, Spain, operates within the finance sector as a prominent retail and commercial bank. With a strong presence in Europe and the Americas, it is recognized as one of the world’s top banks by market capitalization. The company offers a range of financial services aimed at helping individuals and businesses thrive, emphasizing simplicity, personalization, and fairness.

emission intelligence's platform recommendations for Banco Santander

Banco Santander could reduce its emissions by transitioning to renewable energy sources for all purchased energy, which has the potential to lower their emissions by 25%.

Bad news, Banco Santander hasn't committed to SBTi goals yet

Banco Santander has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is still in the process of defining its goals to reduce greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

1. Reputation and Brand Image

2. Corporate Social Responsibility

3. Becoming a Customer of Choice

4. Stakeholder Engagement

5. Risk Management

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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