{"id":1079,"date":"2026-01-24T01:03:04","date_gmt":"2026-01-23T23:03:04","guid":{"rendered":"https:\/\/digitalfinance.best\/?p=1079"},"modified":"2026-01-29T18:20:41","modified_gmt":"2026-01-29T16:20:41","slug":"new-feature-on-santander-website-and-app-lets-customers-measure-carbon-footprint","status":"publish","type":"post","link":"https:\/\/smebanking.agency\/platform\/new-feature-on-santander-website-and-app-lets-customers-measure-carbon-footprint\/","title":{"rendered":"New feature on Santander website and app lets customers measure carbon footprint"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p class=\"wp-block-paragraph\">Banco Santander is taking its sustainability strategy and pledge to support its customers\u2019 transition to a&nbsp;<a href=\"https:\/\/www.santander.com\/en\/our-approach\/sustainability\/supporting-communities\" target=\"_blank\" rel=\"noreferrer noopener\">low-carbon economy<\/a>&nbsp;a step further. A new feature on its website and app will enable retail customers in Spain to measure the carbon footprint of their direct debits and purchases with Santander cards.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This in-house developed service is a market first in Spain, thanks to its range of functions. It\u2019s also available in Chile and will go live in Poland, Portugal and the UK in the coming months.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Few international banks are offering customers tools to measure their carbon footprint. Santander\u2019s lets them also track their sustainability and is the only tool in Spain with carbon offsetting on the&nbsp;ClimateTrade&nbsp;platform and the Mastercard donation platform. The new tool is available on Santander&#8217;s website and app.<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/digitalfinance.best\/wp-content\/uploads\/2023\/05\/santander-0002-scaled-1.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" data-id=\"1081\" src=\"https:\/\/digitalfinance.best\/wp-content\/uploads\/2023\/05\/santander-0002-scaled-1-358x1024.jpg\" alt=\"\" class=\"wp-image-1081\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/digitalfinance.best\/wp-content\/uploads\/2023\/05\/santander-0001-scaled-1.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" data-id=\"1082\" src=\"https:\/\/digitalfinance.best\/wp-content\/uploads\/2023\/05\/santander-0001-scaled-1-389x1024.jpg\" alt=\"\" class=\"wp-image-1082\" \/><\/a><\/figure>\n<\/figure>\n\n\n<h2>Carbon offset<\/h2>\n\n\n<p class=\"wp-block-paragraph\">Customers\u2019 can see their monthly carbon footprint in kg CO<sub>2<\/sub>-eq under categories like food, supermarkets and shopping, home, transport and automotive, leisure, health, education and services.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They can see eco-friendly tips for each category, plus important facts and FAQs, to know how to reduce their footprint, help fight&nbsp;<a href=\"https:\/\/www.santander.com\/en\/stories\/climate-change\" target=\"_blank\" rel=\"noreferrer noopener\">climate change<\/a>&nbsp;and be more active in the transition to a more sustainable economy. What\u2019s more, customers will be able to offset their carbon footprint by voluntarily collaborating on projects to cut down or absorb emissions and earning \u201ccarbon credits\u201d on the&nbsp;ClimateTrade&nbsp;platform. Thanks to the platform\u2019s&nbsp;<a href=\"https:\/\/www.santander.com\/en\/stories\/-innovation\/blockchain\" target=\"_blank\" rel=\"noreferrer noopener\">blockchain<\/a>&nbsp;technology, all offsetting transactions are traceable, thus guaranteeing a real impact in the fight against climate change.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Santander customers can support Santander-reviewed initiatives on renewable energy, ecosystem conservation and reforestation (for which detailed information will be available) that follow international standards.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Carbon credits are internationally recognized permits aimed at reducing greenhouse gas (GHG) emissions. Each credit equals one tonne of CO<sub>2<\/sub>&nbsp;that it will remove from the atmosphere. Considered an offsetting instrument under the UN Kyoto Protocol, they enable anyone to take climate action by supporting eco-friendly projects.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Santander has been measuring and reporting on its carbon footprint since 2011 as part of its support of the fight against climate change. It also became carbon neutral in its own operations in 2020. As a&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.santander.com\/en\/press-room\/press-releases\/2021\/04\/santander-becomes-a-founding-member-of-the-net-zero-banking-alliance\" target=\"_blank\">founder member of the Net Zero Banking Alliance<\/a>, it pledges to reach net zero emissions by 2025 not just in financing, advisory and investment services but in all operations across its group, setting necessary targets and supporting customers in their transition to a low-carbon economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Santander is the only company in Spain that enables customers to purchase carbon credits on the ClimateTrade platform and Mastercard donation platform to offset their CO2 emissions. 74% of its customers think sustainability is of global importance, and 67% are calling for tools to help them join the fight against climate change.<\/p>\n","protected":false},"author":3,"featured_media":1080,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-1079","post","type-post","status-publish","format-standard","has-post-thumbnail","category-other","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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