During 2021, we kept the same material topics covering the economic, social, ethical and environment areas corresponding to the materiality study undertaken in 2020, given that there were no significant changes to the Bank’s operations.
Based on the GRI Standards recommendations, the following process was implemented:
The methodological model used for this study encompasses the following areas:
•Review of the Group’s Responsible Banking strategy.
•Review of the Annual Report and the results from Santander Global’s materiality study.
•Alignment with international programs, the 2030 Agenda and global sustainability indices.
•Comparative study with other companies from the finance sector and leaders in the area of sustainability.
•Review of external and internal press releases.
•Dialog with stakeholders based on:
»38 surveys answered by Civil Society Organizations.
»549 surveys answered by employees.
»371 surveys answered by suppliers.
»12 corporate questionnaires.
»22 corporate interviews.
»Analysis of pre-existing and recent customer studies and references.
The topics identified in this study were categorized based on their relevance to the business strategy, the value they generate for our stakeholders, and their presence within the information sources consulted. The material topics served as the basis for preparing the 2021 Responsible Banking Report and were the following: