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 2023, 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
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Banco Santander Chile's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Banco Santander Chile amounted to 477 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Banco Santander Chile decreased by 91.5%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Banco Santander Chile's Scope 1 Emissions Over Time

201920202021202220230200400600800tCO2e-26%+2%+2%-1%
  • Total Scope 1
  • Year-over-Year Change

What are Banco Santander Chile's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Banco Santander Chile were 477 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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

Since 2019, Banco Santander Chile's Scope 1 emissions have decreased by 23.92%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Banco Santander Chile's Scope 1 emissions decreased by 1.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Banco Santander Chile's Scope 2 emissions?

In 2023, Banco Santander Chile reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e without specifying the calculation method.

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

Since 2019, Banco Santander Chile's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 100%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Banco Santander Chile's Scope 2 emissions (Unspecified Calculation Method) fell by 100% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

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

In 2023, Banco Santander Chile reported its Scope 2 emissions using an unspecified methodology.

Banco Santander Chile's Scope 2 Emissions Over Time

2019202020212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Banco Santander Chile's Value Chain Emissions

In 2023, Banco Santander Chile reported 8,236 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Banco Santander Chile includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Banco Santander Chile's Scope 3 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e-64%+41%+9%+333%
  • Total Scope 3
  • Year-over-Year Change

What are Banco Santander Chile's Scope 3 emissions?

In 2023, Banco Santander Chile reported total Scope 3 emissions of 8,236 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

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

Since 2019, Banco Santander Chile's Scope 3 emissions have increased by 139.35%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Banco Santander Chile's Scope 3 emissions increased by 333.47%, suggesting that the company faced challenges in reducing emissions across its value chain.

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

In 2023, Banco Santander Chile reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Banco Santander Chile's Scope 3 emissions were:

  • Employee Commuting (Cat. 7): 5,826 tCOâ‚‚e (70.74%)
  • Downstream Transportation and Distribution (Cat. 9): 1,273 tCOâ‚‚e (15.46%)
  • Business Travel (Cat. 6): 983 tCOâ‚‚e (11.94%)

Banco Santander Chile's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(15.5%)Business Travel(Cat. 6)(11.9%)Employee Commuting(Cat. 7)(70.7%)

Insights into Banco Santander Chile's Total Carbon Footprint

In 2023, Banco Santander Chile reported a total carbon footprint of 8,713 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.97% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Banco Santander Chile's total carbon footprint was Scope 3 emissions, accounting for 94.53% of the company's total carbon footprint, followed by Scope 1 emissions at 5.47%.