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Public Profile
Financial Intermediation
NO
updated 25 days ago

Santander Consumer Bank AS

Company website

Santander Consumer Bank AS, a prominent player in the financial services sector, is headquartered in Norway. Established in 2000, the bank has grown to become a key provider of consumer finance solutions across the Nordic region, including significant operations in Sweden and Denmark. Specialising in personal loans, car financing, and credit cards, Santander Consumer Bank distinguishes itself through competitive interest rates and a customer-centric approach. The bank's commitment to innovation and digital banking has solidified its market position, making it a trusted choice for consumers seeking flexible financial products. With a focus on responsible lending and a strong emphasis on customer satisfaction, Santander Consumer Bank AS continues to achieve notable milestones, reinforcing its reputation as a leader in the consumer banking industry.

DitchCarbon Score

How does Santander Consumer Bank AS'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.

29

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.

27

Industry Benchmark

Santander Consumer Bank AS's score of 29 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.

55%

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Santander Consumer Bank AS's reported carbon emissions

In 2024, Santander Consumer Bank AS reported total carbon emissions of approximately 534,923,100 kg CO2e, with all emissions classified under Scope 3. The breakdown of these emissions includes significant contributions from investments (about 516,051,100 kg CO2e), capital goods (approximately 5,834,200 kg CO2e), and purchased goods and services (around 12,263,000 kg CO2e). Notably, the bank has not disclosed any Scope 1 or Scope 2 emissions data. For the years 2023 and 2022, no specific emissions data was reported, indicating a lack of transparency in those periods. However, the bank's revenue for 2023 was approximately 714,080,730 USD, and for 2022, it was about 635,909,554 USD. Santander Consumer Bank AS has not set any specific reduction targets or climate pledges, and there are no initiatives reported under the Science Based Targets initiative (SBTi) or other climate frameworks. The emissions data is cascaded from the parent organization, Santander Consumer Bank AS, indicating a corporate family relationship that influences its reporting. Overall, while the bank has provided substantial emissions data for 2024, the absence of reduction targets and previous emissions data highlights a need for improved climate commitments and transparency in its environmental impact reporting.

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2024
Scope 1
-
Scope 2
-
Scope 3
534,923,100

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Santander Consumer Bank AS'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 Consumer Bank AS is in NO, which has a very 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 Consumer Bank AS 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

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Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

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