Home Madrid scholarships Banco Santander SA: Santander among the 10 most sustainable banks in the world in the Dow Jones Sustainability indices 2021

Banco Santander SA: Santander among the 10 most sustainable banks in the world in the Dow Jones Sustainability indices 2021

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Santander has been featured in the indices, which measure the performance of 245 banks around the world using environmental, social and governance criteria, over the past 21 years.

Madrid, November 13, 2021
The Dow Jones Sustainability Indices (DJSI) ranked Banco Santander as one of the 10 most sustainable banks in the world in 2021. The indices, an international benchmark for corporate sustainability, measure the performance of companies using environmental criteria, social and governance.

Santander scored 85 out of 100 points and is in the 97th percentile of all banks reviewed. The bank scored high in all categories: economic (96th percentile), environmental (98th) and social (97th). It also achieved top marks in financial inclusion and environmental reporting, and has significantly improved in areas such as human capital and sustainable finance.

Santander has been in the DJSI for the past 21 years and has consistently ranked among the best. Santander is present in other sustainability and ESG indices, such as the FTSE4Good index.

Santander is a world leader in the financing of renewable energy projects. Between 2019 and the first nine months of 2021, the bank raised or mobilized € 51.2 billion in green financing as part of its goal of reaching € 120 billion in green financing from 2019 to 2025 and € 220 billion euros by 2030 to support the transition to a low-carbon economy.

In February, Santander announced its goal of achieving zero net carbon emissions across the group by 2050 to support the goals of the Paris Agreement on climate change. By 2030, the bank will have aligned its power generation portfolio with the Paris Agreement. It also released its first decarbonization targets, which are to have ceased providing financial services to power generation customers whose revenues depend more than 10% on thermal coal and will have eliminated all exposure to coal mining. thermal, also by 2030.

Since 2019, Santander has helped more than four million people through its community investment programs, in collaboration with NGOs and other social entities. It has financially empowered more than five million citizens by providing access to the banking system, financial education and financing to individuals and SMEs with difficulty accessing credit. It has also awarded more than 225,000 scholarships and grants to students, researchers, professionals and entrepreneurs.