Created before Nov 2016
Last update: 2019-03-11 17:27:03
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About Banco Santander
Banco Santander S.A. is a Spanish bank, founded in 1857. The bank has expanded since 2000 through a number of acquisitions, with operations across Europe, Latin America, North America and Asia. Together with its subsidiaries, it provides various retail and commercial banking products and services for both individual and business clients. In June 2017 Banco Santander acquired Banco Popular Espagñol (link to profile).
Website | http://www.santander.com |
Headquarters |
Santander Group City. Avda. de Cantabria s/n
28660 Boadilla del Monte, Madrid
Spain
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CEO/chair |
Mr. José Antonio Álvarez Álvarez CEO |
Supervisor | |
Annual report | Annual report 2018 |
Ownership |
listed on Bolsa de Madrid, Borsa Italia, Brazil Stock Exchange, London Stock Exchange & NYSE Euronext
Banco Santander's share holder structure can be accessed here. |
Subsidiaries |
Banco Popular Espanol – Spain (profile)
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Policies
Voluntary initiatives
Banco Santander has committed itself to the following voluntary standards:- Banking Environment Initiative
- Carbon Disclosure Project
- Dow Jones Sustainability Indices
- Equator Principles
- Global Reporting Initiative
- Principles for Responsible Banking (PRB)
- Principles for Responsible Investment (PRI)
- Roundtable for Responsible Soy (RTRS)
- Soft Commodities Compact
- Task Force on Climate-related Financial Disclosures
- UNEP Finance Initiative
- United Nations Global Compact
- Wolfsberg Principles
- World Business Council for Sustainable Development
Investment policies
Banco Santander's webpage on corporate social responsibility can be accessed here.
Campaigns
Banco Santander and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Banco Santander adopted the Equator Principles in 2009.
Reporting on the Equator Principles
Banco Santander must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Banco Santander is in compliance with its reporting obligations. The 2017 report can be found here.
Dodgy Deals
Banco Santander is involved in financing the following Equator Principles projects that BankTrack considers controversial.
Human rights
True leader
Front runner
Follower
Laggard
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BankTrack has assessed Banco Santander on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Banco Santander is assessed as a Follower, with a total score of 3.5/12.
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Equator Principles
Implementation and reporting
Banco Santander is reporting on the implementation here.