• Annual Report | Responsible Banking 2021
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).


As part of our efforts to contribute to the SDG, in 2019 we became a founding signatory of these principles. As a Group, we have announced eleven public global commitments to help safeguard the planet and its resources, promote social well-being, and ensure a better future for all.

Within Santander Group, the Responsible Banking, Sustainability and Culture Committee is tasked with analyzing the deployment of policies relating to sustainability, in addition to supervising the Responsible Banking strategy. The Agenda is divided into two challenges: New Business Environment and Inclusive and Sustainable Growth.

Its goal is to:

  • Support our clients’ transition toward a low-carbon emission economy.
  • Promote financial inclusion and empowerment.
  • Maintain a robust culture underpinned by a trained, motivated and diverse workforce that is capable of offering tailor-made solutions that cover the needs of our clients.
  • Improve the communities in which we live and work.
  • Promote education in order to drive financial resilience.
  • Drive the transition toward a green economy.
  • Reduce our environmental footprint.
  • Finance green projects that help tackle climate change.
  • Promote female talent within operations.

Based on our global culture, Santander Mexico’s Responsible Banking Model is defined through a virtuous circle. The value that we generate for our major stakeholders is made possible through holistic actions and good practices that we implement in order to fulfill the two commitments in our Agenda.

A better bank for a better world.

As part of our sustainability strategy, we report our results in compliance with the six Principles of Responsible Banking, in addition to our commitment to the 2030 Agenda for Sustainable Development and the Paris Agreement on Climate Change.