Banco Santander (Brasil) S.A., a prominent player in the Brazilian banking sector, is headquartered in São Paulo. Established in 1982, the bank has grown significantly, becoming a key provider of financial services across the country, particularly in major urban centres. As a subsidiary of the global Santander Group, Banco Santander Brasil operates primarily in retail banking, corporate banking, and investment services. Its core offerings include personal and business loans, credit cards, and investment products, distinguished by a strong emphasis on digital innovation and customer service. With a robust market position, Banco Santander Brasil has achieved notable milestones, including recognition for its commitment to sustainability and financial inclusion. The bank continues to enhance its reputation as a trusted financial partner in Brazil, leveraging technology to meet the evolving needs of its diverse clientele.
How does Banco Santander (Brasil) S.A.'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 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.
Banco Santander (Brasil) S.A.'s score of 30 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Banco Santander (Brasil) S.A. reported gross global combined Scope 1 emissions of approximately 700 kg CO2e per million USD in revenue. However, specific total emissions figures for Scope 1, Scope 2, and Scope 3 were not disclosed. The bank has not set any formal reduction targets or climate pledges, indicating a lack of specific commitments towards reducing carbon emissions at this time. The emissions data is sourced directly from Banco Santander (Brasil) S.A. and is not cascaded from any parent or related organization. As the financial sector increasingly focuses on sustainability, Banco Santander (Brasil) S.A. may need to enhance its climate commitments to align with industry standards and expectations.
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.
Banco Santander (Brasil) S.A. 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.