- Global pandemics, geopolitical tensions, extreme weather events, market volatility, and inflationary concerns
- The Great Resignation impacting workforce
- Data limitations and uncertainties in assessing climate risks
Santander Holdings, USA, Inc. and its subsidiaries
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, Santander Holdings, USA, Inc. and its subsidiaries disclosed greenhouse gas emissions of 22.2K tCO2e. By scope: Scope 1: 5.4K tCO2e; Scope 2: 14.6K tCO2e (market based) 28193 tCO2e (location based); Scope 3: 2.1K tCO2e (employee travel). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
22.2K tCO2e
2021
Renewable Energy
47.7%
of total energy
Energy Use
67.2M kWh
2021
📊 Emissions by Scope (2021)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 5.4K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 14.6K tCO2e (market based) 28193 tCO2e (location based) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 2.1K tCO2e (employee travel) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 22.2K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved carbon neutrality in operations since 2020
- 100% elimination of single-use plastics where feasible
- 47.7% electricity from renewable sources
- $3.1B renewable energy finance exposure, supporting $7.8B in total deal size
🎯 Climate & Sustainability Targets
🔜 Short-term
- 100% renewable energy by 2025
📅 Medium-term
- Reduce emission intensity in power generation portfolio to 0.18 tCO2e/MWh by 2025 and 0.11 tCO2e/MWh by 2030
- Raise and facilitate green finance to €120B by 2025 and €220B by 2030
- Sustainable investment (AUM under ESG funds) to €100B by 2025
🔭 Long-term
- Achieve net zero emissions by 2050
🌱 ESG Focus Areas
Empowering people and businessesFostering inclusive communitiesSupporting the green economy