Responsible Banking

Report



Responsible Banking Model.

The Principles of Responsible Banking were launched in 2019 as part of the United Nations Environmental Program – Finance Initiative (UNEP FI) in order to help banks strategically align their businesses with the Sustainable Development Goals (SDG).
Responsible Banking Model

Responsible Banking Agenda.

Over the past number of years, we have faced major global challenges that have brought with them new trends and changes to the market. In order to convert these into opportunities, we promote a Responsible Banking Agenda that is divided into two strategic challenges: New Business Environment, and Inclusive and Sustainable Growth.
Responsible Banking Agenda

International initiatives.

By working alongside leading national and international organizations, we have bolstered our Responsible Banking model.
International initiatives

Public Commitments

We have announced eleven Public Commitments that reflect our responsible banking ambitions and help embed environmental, social and governance (ESG) criteria in operations. They are SMART (Specific, Measurable, Achievable, Realistic and Time-bound) to fulfil the UN Sustainable Development Goals and the targets set out in the Paris Agreement on climate change.
Public Commitments

Principles for Responsible Banking.

Banco Santander was one of the founding members contributing to their elaboration in alliance with the United Nations Environment Program Finance Initiative.
Principles for Responsible Banking

Financial empowerment and inclusion.

In order to drive the financial progress of entrepreneurs and businesses, as well as Mexican society in general, we offer substantial support through a number of initiatives, including social/environmental financing and loans, financial education programs, and programs for SME’s. As part of the virtuous circle that we promote, we help create jobs, drive internationalization and promote connectivity.
Financial empowerment and inclusion

The highest standards: Corporate Governance.

The robust nature of our Corporate Governance structure has driven ethical and transparent compliance with our commitments, based on all applicable regulations, and has also allowed us to integrate sustainability into our business model in order to successfully reach our Responsible Banking goals.
The highest standards: Corporate Governance

Community investment.

We drive the economic progress and well-being of the communities in which we operate through social investment programs undertaken together with a range of organizations. Our goal is to promote social inclusion and create a sustainable future for all.
Community investment

Higher education.

Education is the engine that drives the future well-being, growth and progress of the country. It is the means through which we can mitigate the problems society faces. This is why at Santander we invest in higher education through agreements with universities in different countries, scholarship programs and a range of skills required to drive research, innovation and entrepreneurship.
Higher education

Value for our team.

Our employees play a fundamental role in meeting the needs of our customers and consolidating our Responsible Banking strategy. This is why we offer them inclusive and diverse work environments as we are convinced that our employees’ differences enrich our culture and guarantee the satisfaction of our customers.
Value for our team

Environmental footprint.

The environment and natural resources play an important role in guaranteeing the sustainability of the Bank and of future generations, therefore, we ensure their protection through a number of different initiatives, including saving water and paper, using clean energies, ensuring proper waste management, and eliminating single-use plastics.
Environmental footprint

Responsible Banking
Report 2021

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