Corporate Social Responsibility Report 2019
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Our approach

GRI:
  • [102-15] Key impacts, risks and opportunities Key impacts, risks and opportunities

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  • [103-1] Explanation of the material topics and their boundaries
    Material topic: Environmental impact – resources, materials and emissions
    Explanation of the material topics and their boundaries
    Material topic: Environmental impact – resources, materials and emissions

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  • [103-2] The management approach and its components
    Material topic: Environmental impact – resources, materials and emissions
    The management approach and its components
    Material topic: Environmental impact – resources, materials and emissions

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Other guidelines:

Responsible banking is part of Santander Bank Polska’s business strategy which is based on three pillars. One of them concerns environmental issues. In 2019, the priority for us was ″green finance″, i.e. development and implementation of a climate strategy, which assumes, among other things, financing climate protection, a package of green investments and internal actions to make us a ″green bank″.

We feel obliged to address the biggest challenges facing the society in which we do business. We are aware of the growing role of financial institutions in the transition to a low-carbon economy. That is why we support and accompany our clients in the process of energy transformation, providing them with funds to finance their activities.

We are ready to incur additional costs resulting from the implementation of new environmental policies, because we know that their effects will have a positive impact on the whole society and we hope to encourage other companies to do the same.

Michał Gajewski
CEO

Commitments of the Santander Group

  • We believe that we can support our customers by helping them move towards an environmentally friendly (green) economy. That’s why we want to help raise or provide EUR 120 billion between 2019 and 2025 and EUR 220 billion between 2019 and 2030 to finance green projects to mitigate negative climate change.
  • We believe that combating global warming requires reducing greenhouse gas emissions and the footprint we leave in the environment. That’s why we want 100% of our electricity consumption to come from renewable sources in all our locations, wherever possible – we want to achieve this by 2025. We also want to phase out the use of disposable plastic products in our branches and headquarters by 2021.
  • We are committed to achieving carbon neutrality by 2020. That is, we will compensate for our own carbon emissions by financing solutions that support CO2 capture and neutralisation and investments in renewable energy.

Commitments of Santander Bank Polska:

For business and regulatory reasons, as well as to meet the expectations of our stakeholders, we have decided not to finance new power coal mines and new power units fuelled by this raw material. The Risk Division is working on increasing the bank’s financing opportunities for renewable and alternative energy sources.

We believe that we can support our customers by helping them move towards a green economy. That’s why we want to help raise EUR 120 billion between 2019 and 2025 and EUR 220 billion between 2019 and 2030 to finance green projects to combat negative climate change.

We believe that combating global warming requires reducing greenhouse gas emissions and the footprint we leave in the environment. That’s why we want 100% of our electricity consumption to come from renewable sources in all our locations, wherever possible – we want to achieve this by 2025. We also want to phase out the use of disposable plastic products in our branches and headquarters by 2021.