ESG Service ESG Report 2020
Zmiana wielkości czcionki
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Net Zero strategy

GRI:[ ]
TCFD:[ ]
ESG:[ ]
PRB:[ ]
SDG: 
Goal 3 - Good health and well-being
Goal 8 - Decent work and economic growth
Goal 12 - Responsible consumption and production
Goal 13 - Climate action

Net zero emissions is a global strategy of the Santander Group. We are undertaking a challenging but necessary task. We want to reduce indirect greenhouse gas emissions in our value chain, from suppliers to end users, such as the recipients of services provided by our business and corporate customers.

  • GRI:
  • 103-1 Explanation of the material topics and their boundaries for the topics:
    1) Climate policy
    2) Sustainable financing
    Explanation of the material topics and their boundaries for the topics:
    1) Climate policy
    2) Sustainable financing
  • 103-2 Management approach to topics identified as material for the topics:
    1) Climate policy
    2) Sustainable financing
    Management approach to topics identified as material for the topics:
    1) Climate policy
    2) Sustainable financing
  • 103-3 Evaluation of the management approach to topics identified as material for the topics:
    1) Climate policy
    2) Sustainable financing
    Evaluation of the management approach to topics identified as material for the topics:
    1) Climate policy
    2) Sustainable financing
  • 302-1 Energy consumption within the organization
    Energy consumption within the organization
  • 305-1 Total direct greenhouse gas emissions
    Total direct greenhouse gas emissions
  • 305-2 Total indirect greenhouse gas emissions by weight
    Total indirect greenhouse gas emissions by weight
  • 305-3 Other indirect greenhouse gas emissions
    Other indirect greenhouse gas emissions
  • ESG: E – Environment Our approach to the environment
    Our approach to the environment
  • KE/TCFD The company's climate policy, including climate change mitigation or adaptation policy
    The company's climate policy, including climate change mitigation or adaptation policy
  • PRB 1 Alignment We will align our business strategy to be consistent with and contribute to individuals’ needs and society’s goals, as expressed in the Sustainable Development Goals (SDGs), the Paris Climate Agreement and relevant national and regional frameworks. We will focus our efforts where we have the most significant impact.
    We will align our business strategy to be consistent with and contribute to individuals’ needs and society’s goals, as expressed in the Sustainable Development Goals (SDGs), the Paris Climate Agreement and relevant national and regional frameworks. We will focus our efforts where we have the most significant impact.
  • PRB 2 Impact We will continuously increase our positive impacts while reducing the negative impacts on, and managing the risks to, people and environment resulting from our activities, products and services.
    We will continuously increase our positive impacts while reducing the negative impacts on, and managing the risks to, people and environment resulting from our activities, products and services.

Steps taken

  • In 2019, we discontinued the financing of new thermal coal mines and new power units based on thermal coal.
  • Starting in 2020, all of the bank’s agreements with entities that rely on coal include clauses prohibiting the use of allocated funds for coal mining and production purposes.
  • We support our clients in achieving their business goals, but also help them meet their environmental and climate change regulatory obligations.
  • We confirm that we plan to completely reduce the bank’s exposure to thermal coal producers (expiration of all contracts) by 2030.