Banco Santander Chile

Country
Chile
Sector
Financial Services
Industry
Banks - Regional
Employees
8,757
Ticker
BSANTANDER
Exchange
SANTIAGO STOCK EXCHANGE
Description
Banco Santander-Chile is a prominent financial institution specializing in providing comprehensive banking services in Chile. As one of the country's largest banks, it plays a pivotal role in the Chil...

Banco Santander Chile's GHG Emissions Data Preview

In 2024, Banco Santander Chile completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Banco Santander Chile has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Banco Santander Chile’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Banco Santander Chile’s data sources below and access millions more through our Disclosure Search.

a. Banco Santander Chile's ESG Investor Presentation 2024
a. Banco Santander Chile's ESG Investor Presentation 2024
b. Banco Santander Chile's Integrated Report 2023
b. Banco Santander Chile's Integrated Report 2023

Insights into Banco Santander Chile's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Banco Santander Chile amounted to 564 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Banco Santander Chile increased by 18.24%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Banco Santander Chile's Scope 1 Emissions Over Time

2019202020212022202320240200400600800tCO2e-26%+2%+2%-1%+18%
  • Total Scope 1
  • Year-over-Year Change

What are Banco Santander Chile's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Banco Santander Chile were 564 metric tons of CO₂ equivalent (tCO₂e). a

Has Banco Santander Chile reduced its Scope 1 emissions over time?

Since 2019, Banco Santander Chile's Scope 1 emissions have decreased by 10.05%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Banco Santander Chile's Scope 1 emissions increased by 18.24%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Banco Santander Chile's Scope 2 emissions?

In 2024, Banco Santander Chile reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method. a

Has Banco Santander Chile reduced its Scope 2 emissions over time?

What methodology does Banco Santander Chile use for Scope 2 reporting?

In 2024, Banco Santander Chile reported its Scope 2 emissions using the market-based method. a

Banco Santander Chile's Scope 2 Emissions Over Time

20192020202120222023202403.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Banco Santander Chile's Value Chain Emissions

In 2024, Banco Santander Chile reported 7,865 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Banco Santander Chile includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Banco Santander Chile's Scope 3 Emissions Over Time

20192020202120222023202402.5 k5 k7.5 k10 ktCO2e-64%+41%+9%+333%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Banco Santander Chile's Scope 3 emissions?

In 2024, Banco Santander Chile reported total Scope 3 emissions of 7,865 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Banco Santander Chile reduced its Scope 3 emissions over time?

Since 2019, Banco Santander Chile's Scope 3 emissions have increased by 128.57%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Banco Santander Chile's Scope 3 emissions remained relatively stable, indicating that Banco Santander Chile 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Banco Santander Chile disclose?

In 2024, Banco Santander Chile reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Banco Santander Chile's Scope 3 emissions?

In 2024, the largest contributors to Banco Santander Chile's Scope 3 emissions were: a

  • Employee Commuting (Cat. 7): 5,252 tCO₂e (66.79%)
  • Business Travel (Cat. 6): 1,490 tCO₂e (18.95%)
  • Downstream Transportation and Distribution (Cat. 9): 967 tCO₂e (12.3%)

Banco Santander Chile's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(18.9%)Employee Commuting(Cat. 7)(66.8%)DownstreamTransportation andDistribution(Cat. 9)(12.3%)

Insights into Banco Santander Chile’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Banco Santander Chile reported Scope 1 greenhouse gas (GHG) emissions of 564 tCO₂e and total revenues of USD 2,611 millions. This translates into an emissions intensity of 0.22 tCO₂e per millions USD. a

Banco Santander Chile's Scope 1 Emissions Intensity Compared to Peers

202001,0005,00050,000Scope 1 Emissions (tCO2e)1005002,0005,00020,000Revenues (Millions of USD)KTBanco Itau ChileYear: 2023Scope 1: 261 tCO2eRevenue: $M 1,701Scope 1 Intensity: 0.15 tCO2e/$MBCIYear: 2023Scope 1: 395 tCO2eRevenue: $M 3,328Scope 1 Intensity: 0.12 tCO2e/$MGrupo SecurityYear: 2023Scope 1: 140 tCO2eRevenue: $M 1,647Scope 1 Intensity: 0.09 tCO2e/$MKakaoBankYear: 2024Scope 1: 59 tCO2eRevenue: $M 1,039Scope 1 Intensity: 0.06 tCO2e/$MBanca GeneraliYear: 2023Scope 1: 433 tCO2eRevenue: $M 1,017Scope 1 Intensity: 0.43 tCO2e/$MFIBIYear: 2024Scope 1: 1,506 tCO2eRevenue: $M 1,797Scope 1 Intensity: 0.84 tCO2e/$MKKKyoto Financial GroupYear: 2024Scope 1: 1,560 tCO2eRevenue: $M 746Scope 1 Intensity: 2.09 tCO2e/$MIndian Overseas BankYear: 2025Scope 1: 5,676 tCO2eRevenue: $M 1,932Scope 1 Intensity: 2.94 tCO2e/$MUnicaja BancoYear: 2024Scope 1: 1,595 tCO2eRevenue: $M 2,215Scope 1 Intensity: 0.72 tCO2e/$MShinkin Central BankYear: 2024Scope 1: 1,367 tCO2eRevenue: $M 1,548Scope 1 Intensity: 0.88 tCO2e/$MSCSBYear: 2024Scope 1: 2,332 tCO2eRevenue: $M 1,561Scope 1 Intensity: 1.49 tCO2e/$MTTTCFHCYear: 2024Scope 1: 2,738 tCO2eRevenue: $M 2,008Scope 1 Intensity: 1.36 tCO2e/$MJyske BankYear: 2023Scope 1: 639 tCO2eRevenue: $M 2,199Scope 1 Intensity: 0.29 tCO2e/$MAU Small Finance BankYear: 2025Scope 1: 317 tCO2eRevenue: $M 1,234Scope 1 Intensity: 0.26 tCO2e/$MIntercorp Financial ServicesYear: 2024Scope 1: 644 tCO2eRevenue: $M 489Scope 1 Intensity: 1.32 tCO2e/$MSwedbankYear: 2024Scope 1: 853 tCO2eRevenue: $M 6,654Scope 1 Intensity: 0.13 tCO2e/$MBank Leumi Le IsraelYear: 2024Scope 1: 2,950 tCO2eRevenue: $M 6,046Scope 1 Intensity: 0.49 tCO2e/$MAlinma BankYear: 2024Scope 1: 1,201 tCO2eRevenue: $M 2,911Scope 1 Intensity: 0.41 tCO2e/$MAIB GroupYear: 2024Scope 1: 2,875 tCO2eRevenue: $M 5,115Scope 1 Intensity: 0.56 tCO2e/$MPublic BankYear: 2024Scope 1: 3,964 tCO2eRevenue: $M 3,135Scope 1 Intensity: 1.26 tCO2e/$MBank of Ireland GroupYear: 2024Scope 1: 3,537 tCO2eRevenue: $M 4,643Scope 1 Intensity: 0.76 tCO2e/$MHancock WhitneyYear: 2023Scope 1: 1,338 tCO2eRevenue: $M 1,367Scope 1 Intensity: 0.98 tCO2e/$MBanco BPMYear: 2024Scope 1: 16,813 tCO2eRevenue: $M 5,771Scope 1 Intensity: 2.91 tCO2e/$MBanco de ChileYear: 2023Scope 1: 4,016 tCO2eRevenue: $M 3,374Scope 1 Intensity: 1.19 tCO2e/$MBank HapoalimYear: 2024Scope 1: 3,876 tCO2eRevenue: $M 6,008Scope 1 Intensity: 0.65 tCO2e/$MBanco Santander ChileYear: 2024Scope 1: 564 tCO2eRevenue: $M 2,611Scope 1 Intensity: 0.22 tCO2e/$M

How does Banco Santander Chile's GHG emissions intensity compare to its peers?

In 2024, Banco Santander Chile reported a Scope 1 emissions intensity of 0.22 tCO₂e per millions USD. Compared to the peer group median of 0.72 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Banco Santander Chile rank on GHG emissions intensity within its industry?

In 2024, Banco Santander Chile ranked 6 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Banco Santander Chile is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Banco Santander Chile's Total Carbon Footprint

In 2024, Banco Santander Chile reported a total carbon footprint of 8,429 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.26% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Banco Santander Chile's total carbon footprint was Scope 3 emissions, accounting for 93.31% of the company's total carbon footprint, followed by Scope 1 emissions at 6.69%. a

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