Santander Bank Polska is the pioneer in many green funding solutions on the Polish market. These are, among others, green bonds, green lease and ESG-linked loans in which the margin depends on the customer’s performance in the sustainable growth area. SBP has been the first in Poland to issue the Sustainability-linked bonds. The funds from that transaction will be spent, among others, on increasing the share of the zero emission sources in the production mix of one of the energy producers.
But Santander Bank Polska not only finances biggest RSE projects or energy concerns. Solarlease, our new product, has facilitated funding of photovoltaic farms and installations for our smaller customers. During the product pilot, introduced in 2020, the SBP financed the installations worth over PLN 41m. The bank has also been developing a product which will help create a network of charging stations for electric vehicles, both home charging stations and multi-unit commercial stations. To business customers Santander Bank Polska offers Biznesmax loan guaranteed by Bank Gospodarstwa Krajowego. The loan is granted, among others, for investments with an ecological effect and to companies which have delivered such investments within the last 5 years. The product is highly popular among business customers and facilitates installation of photovoltaic solutions or purchase of equipment with higher environmental standards, reducing the consumption of raw materials and energy.
As part of our daily operations, we also take care to make our processes and products more eco-friendly. We have been promoting electronic signing of agreements and authorising transactions with a text message – over 50% of the transactions in branches is paperless. In 2020, the bank, as the strategic partner of the Green Ribbon #SaveThePlanet campaign, encouraged its customers to make eco-resolutions and switch to electronic correspondence. We managed to persuade almost 7,500 customers in two weeks!
What is more, we changed our procedures and processes to be able to send customers documents in an electronic format and eliminate the need to archive paper documentation. All these steps contribute to measurable savings in CO2 emissions and the reduction of paper and plastic use.