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BankTrack is the international tracking, campaigning and civil society support organisation focused on commercial banks and their finance.

We aim to stop banks from financing harmful business activities and promote a banking sector that contributes to just societies and a healthy planet.

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2019-10-23 00:00:00
UniCredit’s prime role in Turkey’s coal ‘hell’
2019-10-16 00:00:00
How long will Santander continue to profit from Polish coal expansion?
2019-10-03 00:00:00
Swiss banks are lashing out at climate activists rather than taking action. This has to stop.
2019-09-19 00:00:00
Total’s suspension of the East African Crude Oil Pipeline is a chance for Standard Bank and others to think again
Connect
2019-11-26 00:00:00
The BankTrack Human Rights Benchmark 2019
2019-11-20 00:00:00
The OECD Due Diligence for Responsible Corporate Lending and Securities Underwriting
2019-09-22 00:00:00
Civil society statement on the new Principles for Responsible Banking
2019-04-30 00:00:00
BankTrack Annual Report 2018
2019-03-26 00:00:00
“We are unable to comment on specific customers...”
2019-03-20 00:00:00
Banking on Climate Change - 2019 Fossil Fuel Finance Report Card
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Created before Nov 2016
Last update: 2019-03-11 17:27:03

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Banco Santander head office. Photo: Author Year of the dragon via Wikimedia Commons (CC-BY-SA 3.0)

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
CEO/chair Mr. José Antonio Álvarez Álvarez
CEO
Supervisor
Banco de España
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)

Related Dodgy Deals

Banco Santander has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Projects - active profiles

Atlantic Coast Pipeline United States profile

oil and gas | transport and infrastructure
Debt – corporate loan
USD 375 million
August 2016
Participation in syndicated loan (revolving credit) of USD 1.5 billion to Duke Energy
source: Duke SEC 10.1
link
Debt – corporate loan
USD 142 million
January 2015
Participation in syndicated loan (revolving credit) of USD 7.5 billion to Duke Energy
source: Duke SEC 10.1
link

Punta Catalina-Hatillo coal power plant Dominican Republic profile

energy plants - coal
Debt – project finance
USD 40 million
30 December 2015
There are no active projects for Banco Santander now.

Projects - on record profiles

Annova LNG Terminal United States profile

oil and gas | transport and infrastructure
Debt – corporate loan
USD 20 million
26 May 2016 - 26 May 2021
Part finance of USD 600 million revolving credit facilty
source: Rainforest Action Network
link

Block 31, Yasuni National Park Ecuador profile

oil and gas
Uncategorised

Grasberg gold and copper mine Indonesia profile

mining - non coal
Debt – corporate loan
USD 303 million
March 2007
Participation in a $ 10 billion syndicated loan arranged by JP Morgan Chase and Merril Lynch
Debt – corporate loan
USD 45 million
March 2007
for acquisition of other mining group (Phelps Dodge)

Great Barrier Reef Coal & Gas Exports Australia profile

oil and gas | transport and infrastructure
Debt – corporate loan
AUD 147 million
5 May 2013
source: link

Jaitapur nuclear power plant India profile

energy plants - nuclear
Approached, interested

MGT Teesside biomass power station United Kingdom profile

energy plants - biomass
Debt – corporate loan
11 August 2016
The bank is providing to the GBP 650 million loan of Macquarie bank.
source: link

Mountain top removal coal mining United States profile

mining - coal
Uncategorised
EUR 121 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 159 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Offshore Detention Centres Australia profile

Immigration detention
Debt – corporate loan
EUR 56.82 million
26 February 2016
Participation in corporate loan to Ferrovial
source: Report Association with abuse

Rio Madeira dams: Jirau and Santo Antonio Brazil profile

energy plants - dams
Uncategorised
In January 2010 Santander sold a 5% equity stake of the special purpose vehicle MESA (Santo Antônio). In May 2011 Santander reported it was suspending finance for the dam citing environmental and social concerns.
Uncategorised
Coordination of the pool of banks that finance the Santo Antonio dam
Uncategorised
Equator Principles signatory
Advisor
Advising on financing structure of Santo Antonio
Debt – corporate loan
Loan to MESA with specific funding of BNDES for the Santo Antonio dam

SOCAR Aegean Refinery Turkey profile

energy plants - coal | oil and gas
Debt – project finance
USD 37.5 million
January 2015
One of a consortium of 16 banks providing USD 600m uncovered commercial loans with a 15 year tenor.
source: TFR

Companies - active profiles

APRIL Indonesia profile

forestry - pulp and paper
Debt – corporate loan
USD 50 million
25 April 2014
source: Reuters China (25 April 2014)
link
Debt – corporate loan
USD 600 million
December 2011
Syndicated structured pre-export finance
source: Trade Finance Magazine (7 March 2012)

Arauco Chile profile

forestry - pulp and paper
Bond issue – underwriter
USD 125 million
30 April 2019 - 30 April 2049
Bond issue
source: Cbonds.com
link
Bond issue – underwriter
USD 250 million
2018
Underwriting between 2018 and 2019
source: Thomson Reuters Eikon
Debt – corporate loan
USD 45 million
2018
source: Thomson Reuters Eikon
Debt – corporate loan
USD 195 million
2011 - 2017
Loans and underwritings to Arauco between 2011 and 2017
source: Thomson Reuters Eikon, “Corporate events-deals”, viewed in January 2017; Bloomberg, “Loans”, viewed in January 2017; Bloomberg, “Share and Bond issuance underwritings”, viewed in January 2017.
Debt – corporate loan
USD 150 million
2011 - 2017
Loans and underwritings to Arauco between 2011 and 2017 for the Montes del Plata mill.
source: Thomson Reuters Eikon, “Corporate events-deals”, viewed in January 2017; Bloomberg, “Loans”, viewed in January 2017; Bloomberg, “Share and Bond issuance underwritings”, viewed in January 2017.

Klabin Brazil profile

forestry - pulp and paper
Debt – corporate loan
USD 620 million
31 October 2019
Co-financed USD 620 million loan, meant for Klabin's Puma II project.
source: IDB Invest press release
link
Bond issue – underwriter
USD 56 million
27 March 2019 - 27 March 2049
source: Cbonds.com
link
Bond issue – underwriter
USD 100 million
13 September 2017 - 13 September 2027
Bookrunner for USD 500 million Green Bond issuance
source: Latinfinance.com
link

Polska Grupa Energetyczna (PGE) Poland profile

energy plants - coal | energy plants - nuclear | mining - coal
Debt – corporate loan
EUR 950 million
17 September 2018 - 16 December 2022
Co financed EUR 950 million loan agreement
source: PGE Press release
link
Debt – corporate loan
USD 182 million
2014 - 2017
source: BankTrack Coal Developers Report 2017
link
Debt – corporate loan
EUR 22.6 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

RWE Germany profile

energy plants - coal | energy plants - nuclear | mining - coal
Debt – corporate loan
USD 245 million
2014 - 2017
source: BankTrack Coal Developers Report 2017
link
Share issue – underwriter
USD 102 million
2014 - 2017
Combined share and bond issuance underwriting
source: BankTrack Coal Developers Report 2017
link
Uncategorised
EUR 90.2 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 69.3 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Vale Brazil profile

mining - coal | mining - non coal
Bond issue – underwriter
USD 185.19 million
7 February 2017 - 10 August 2026
Via Vale Overseas Ltd.
source: Profundo research Jan 2019
Bond issue – underwriter
USD 250 million
7 June 2016 - 10 June 2021
Via Vale Overseas Ltd.
source: Profundo research Jan 2019
Debt – corporate loan
USD 3 billion
May 2015 - May 2020
Co-financed USD 3 billion credit facility
source: Vale press release
link
There are no active companies for Banco Santander now.

Companies - on record profiles

Alpha Natural Resources United States profile

mining - coal
Uncategorised
EUR 8.7 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 47.3 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Anglo American United Kingdom profile

mining - coal | mining - non coal
Uncategorised
EUR 34 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 57.2 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Arch Coal United States profile

mining - coal
Uncategorised
EUR 67.5 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 23.1 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Areva France profile

energy plants - nuclear | energy plants - renewables | mining - non coal | nuclear industry
Equity – share owner/manager
EUR 1.2 million
source: Reuters3000 financial database
Debt – corporate loan
EUR 104.9 million
source: Euroweek - Issue: 986; Euroweek - Issue: 990;Euroweek - Issue: 1029;Thomson ONE database.

BHP Billiton Australia profile

mining - coal | mining - non coal | oil and gas
Debt – corporate loan
EUR 43.1 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014
Uncategorised
EUR 67.4 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
Principal Manager. Amount not known.
source: Annual Report 2008, BHP Billiton, September 2008.

Eletrobras Brazil profile

energy distribution | energy efficiency | energy plants - biomass | energy plants - dams | energy plants - nuclear | energy plants - ocean energy | energy plants - solar | energy plants - thermoelectric | energy plants - wind | energy transmission
Debt – corporate loan
EUR 10.5 million
source: Press release CAF, 18 February 2002;

ENGIE France profile

energy plants - coal | energy plants - dams
Uncategorised
EUR 41.7 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 22.4 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Glencore Switzerland profile

mining - coal
Uncategorised
EUR 84.7 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 381.6 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Marubeni Japan profile

energy plants - coal | forestry - pulp and paper | mining - non coal | transport and infrastructure
Debt – corporate loan
USD 61 million
2014 - 2017
source: BankTrack Coal Developers Report
link

Rio Tinto Australia profile

mining - coal | mining - non coal | nuclear industry
Uncategorised
EUR 23 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 33 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Dodgy Deals map

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blog
external news
our news

4 out of 5 banks failing on human rights, new BankTrack Human Rights Benchmark shows

Lloyds, Bank of America, Goldman Sachs and Société Générale among the poorest performers in BankTrack ranking, alongside Canadian and Chinese banks
2019-11-26 | BankTrack
blog
external news
our news

Twenty percent of Dominican Republic territory at risk from fossil fuel auction, banks warned to steer clear

2019-11-26 | Nijmegen, the Netherlands | CNLCC, Re:Common, BankTrack
blog
external news
our news

Aramco IPO: These are the banks and advisers on world's biggest sale

2019-11-03 | Bloomberg
blog
external news
our news

We are letting banks off the hook for financing environmental destruction - that must change

2019-10-23 | Independent
blog
external news
our news

Santander criticised for investments in Polish coal expansion

2019-10-17 | Environmental Finance
blog
external news
our news

Santander criticised for investments in Polish coal expansion

2019-10-17 | Environmental Finance
blog
external news
our news

How long will Santander continue to profit from Polish coal expansion?

The Spanish bank's use of ‘ESG loans’ for companies with fossil fuel expansion plans is part of a dangerous new trend
2019-10-16 | Greig Aitken – BankTrack, Kuba Gogolewski – Development YES Open-Pit Mines NO
blog
external news
our news

Money to burn

More than 300 banks and investors back six of the world’s most harmful agribusinesses to the tune of $44bn
2019-09-23 | Global Witness
blog
external news
our news

Revealed: major banks and investors including Barclays, JPMorgan Chase, Goldman Sachs, Morgan Stanley, BlackRock are pouring money into global forest destruction

New investigation by Global Witness uncovers for the first time a truly global picture of major financial players driving $44 billion into companies directly or indirectly involved in deforestation in the Brazilian Amazon, the Congo Basin and Papua New Guinea.
2019-09-23 | Global Witness
blog
external news
our news

Santander e condenado por metas abusivas e adoecimento mental de bancarios

2019-09-11 | Economia
blog
external news
our news

Global NGOs: Dirty Dozen Companies Driving Deforestation Must Act Now to Stop the Burning of the World's Forests

Groups call for the immediate suspension of all business and financing with traders active in the Brazilian Amazon "The Amazon is on fire. Corporations share the blame. They need to become part of the solution."
2019-08-30 | Amazon Watch
blog
external news
our news

Responsible banks can't ignore climate change

2019-08-25 | Santander CEO
blog
external news
our news

BankTrack 2019 Human Rights Benchmark: criteria and scope announced

2019-06-25 | Nijmegen | BankTrack
blog
external news
our news

Leak exposes millions of dollars in new payments in Odebrecht cash-for-contracts scandal

2019-06-25 | International Consortium of Investigative Journalists
blog
external news
our news

Brazilian's public prosecutors office is suing banks for providing credit to companies that are on the slave labour black list

(article in Portuguese)
2019-05-24 | Opovo online
blog
external news
our news

Dirty Profits 7 - Out of Control: Irresponsible weapons transfers and future weapon systems

2019-05-22 | Frankfurt am Main | Facing Finance
blog
external news
our news

Fool’s Gold – €16bn for Europe’s biggest climate polluters

2019-05-21 | Berlin | Europe Beyond Coal
blog
external news
our news

Santander’s deep support for fossil fuel industry challenged at bank’s AGM

2019-04-12 | Santander, Spain | BankTrack, Foundation “Development YES - Open-Pit Mines NO”
blog
external news
our news

Banking on Climate Change – Fossil Fuel Finance Report Card 2019

World's top banks have poured $1.9 trillion into fossil fuel financing since the Paris Agreement was adopted, with financing on the rise each year
2019-03-20 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
blog
external news
our news

Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact

2019-03-20 | Desmogblog.com
blog
external news
our news

Banks be warned – Poland’s PGE wants to blow the house and the climate on coal expansion extravaganza

Latest distress signal from new financial results another reason for potential financiers to walk away
2019-03-14 | Warsaw, Poland | Kuba Gogolewski – Development YES Open-Pit Mines NO
blog
external news
our news

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA
blog
external news
our news

Six Billion Reasons to Go After the Banks

The case for legal action against the big banks that created and profited from Puerto Rico’s debt crisis
2019-02-20 | Public Accountability Initiative
blog
external news
our news

Banks massively financing fossil fuels unclear about future of ... fossil fuels

Few banks acknowledge relation between fossil fuels and climate breakdown
2018-12-20 | Nijmegen | Claire Hamlett – BankTrack
blog
external news
our news

Santander move on coal finance welcome but ‘far from enough’ to address its climate impacts, say groups

2018-12-13 | Madrid, Spain | BankTrack, Ecologistas en Accion, IIDMA
blog
external news
our news

Principles must bring commitments

Banks endorsing draft Principles for Responsible Banking called upon to urgently act on what they sign
2018-11-26 | Paris | BankTrack
blog
external news
our news

Cum-ex tax scandal cost European treasuries €55 billion

2018-10-18 | Die Welt
blog
external news
our news

Major new coal support loan for Poland's PGE, international bank consortium slammed

2018-09-20 | Warsaw, Poland | BankTrack, Foundation Development YES Open-Pit Mines NO, Re:Common, Sandbag
blog
external news
our news

Masses march against corruption In Dominican Republic

2018-08-12 | teleSUR
blog
external news
our news

Banco Santander: The deed of the merger by absorption of Banco Popular Español by Banco Santander has been registered with the Commercial Registry

2018-04-24 | Twst.com
blog
external news
our news

Report finds major banks ramped up fossil fuel financing to $115 billion in 2017

Despite 2017 being the costliest year on record for weather disasters, new report reveals that banks increased extreme fossil fuel financing last year, led by a more than doubling in lending to tar sands companies and pipelines.
2018-03-28 | Nijmegen, the Netherlands | BankTrack, Honor the Earth, Indigenous Environmental Network, Oil Change International, Rainforest Action Network, Sierra Club
blog
external news
our news

European NGOs challenge Banco Santander climate policy at Annual Meeting

IIDMA questions Banco Santander's climate policy and requested clarification on its financing of coal companies in Poland
2018-03-23 | Madrid | BankTrack, Foundation Development YES Open-Pit Mines NO, IIDMA, ShareAction
blog
external news
our news

Odebrecht case, Green March and public ministry

2018-01-29 | Acento
blog
external news
our news

Big banks complicit in massive tar sands destruction and pollution through hundreds of billions in financing

2017-11-02 | Rainforest Action Network
blog
external news
our news

Operation Car Wash and a coal plant in the Dominican Republic – anti-corruption protestors are not giving up

2017-10-10 | Luca Manes – Re:Common
blog
external news
our news

Scandalo Lava Jato, Santo Domingo si ribella contro la corruzione. E c'entra anche l'Italia

2017-10-03 | l'Espresso
blog
external news
our news

Medina’s only option: terminate Odebrecht power plant contract

2017-08-28 | Dominican Today
blog
external news
our news

Punta Catalina perdería el financiamiento europeo que le resta para su terminación

2017-08-04 | Proceso
blog
external news
our news

Financiers of pulp and paper industry projects will cause environmental and social harm, says new report

2017-08-01 | Mandy Haggith – Environmental Paper Network
blog
external news
our news

TCFD: banks supporting better disclosure are not the ones exiting coal project finance

Bank support for FSB Task Force recommendations is welcome, but reveals lack of joined-up thinking
2017-07-31 | Ryan Brightwell – BankTrack, Yann Louvel – BankTrack
blog
external news
our news

Punta Catalina – the coal plant project that keeps on giving … a headache to European banks

2017-07-31 | Greig Aitken – BankTrack
blog
external news
our news

Banco Popular acquisition

Press release Banco Santander
2017-06-07 | Banco Santander
blog
external news
our news

Bribery scandal met with near-silence in Dominican Republic

2017-05-17 | Washington Post
blog
external news
our news

Europe’s biggest banks register €25 billion profit in tax havens

2017-03-27 | Fair Finance Guide International, Oxfam
blog
external news
our news

Power plant 'one year behind schedule'

2017-02-08 | Dominican Today
blog
external news
our news

Anti-impunity marches to continue

2017-02-03 | Dominican Today
blog
external news
our news

La Société Générale priée de renoncer à financer la centrale charbon de Punta Catalina

2017-01-26 | Boursier.com
blog
external news
our news

Dominicans on the march against Punta Catalina kickbacks, and want financiers out of the coal plant project

2017-01-23 | Greig Aitken – BankTrack
blog
external news
our news

Odebrecht corruption in Dominican Republic – Five European banks urged to pull out of dirty coal plant financing

2017-01-18 | BankTrack, Les Amis de la Terre, National Committee to Combat Climate Change
blog
external news
our news

Punta Catalina Commission to subpoena top officials

2017-01-17 | Dominican Today
blog
external news
our news

March aims to indict corrupt officials, Odebrecht executives

2017-01-16 | Dominican Today
blog
external news
our news

Odebrecht must be terminated: civil society group

2016-12-29 | Dominican Today
blog
external news
our news

Odebrecht $92 million bribe: Just hours to deadline, utility produces papers

2016-12-27 | Dominican Today
blog
external news
our news

Activists protest Santander bank’s role in Puerto Rico debt crisis

2016-12-21 | Center for Puerto Rican Studies
blog
external news
our news

A graveyard of unfinished work left in development bank’s wake

2016-12-01 | Bloomberg
blog
external news
our news

New report finds banks betting on climate change

Seventh annual bank finance Report Card reveals major banks poured hundreds of billions into extreme fossil fuels
2016-06-14 | Nijmegen, San Francisco | BankTrack, Rainforest Action Network, Sierra Club and Oil Change International
blog
external news
our news

European banks warned over raid on pension funds to finance disputed coal plant in Dominican Republic

2016-05-27 | Santo Domingo, Dominican Republic | CNLCC, BankTrack, Les Amis de la Terre France
blog
external news
our news

APRIL announces new sustainability policy after campaign pressure on its financiers

2015-06-08 | Nijmegen | BankTrack
blog
external news
our news

Indonesian Paper Firm April to Halt Deforestation

2015-06-03 | The Wall Street Journal
blog
external news
our news

3M, Banks Pressure APRIL Over Deforestation

2015-03-09 | Greenpeace
blog
external news
our news

Result: Santander stops financing forest destroyer APRIL

2015-02-26
blog
external news
our news

GREENPEACE UK ACTION: SANTANDER'S LENDING POLICY, SPECIFICALLY WITH REGARDS TO DEFORESTATION

2015-02-25 | Santander
blog
external news
our news

Santander Bank cuts off APRIL due to deforestation

2015-02-24 | Mongabay
blog
external news
our news

Chinese banks funding rainforest destruction in Indonesia

2015-02-18 | Mongabay
blog
external news
our news

Banks lend almost $2bn to “Indonesia’s biggest forest destroyer”

2015-02-17 | BankTrack Blog
blog
external news
our news

Fossil fuel divestment campaign grows as protesters target UK banks

2015-02-13 | The Guardian
blog
external news
our news

Santander: Stop Financing Extinction

2015-02-10 | Greenpeace
blog
external news
our news

El beneficio del Santander crece un 39% en 2014 hasta 5.816 millones

2015-02-03 | El País
blog
external news
our news

Call for banks to divest from APRIL

Social conflict and environmental destruction are rife in its operations
2014-12-10 | Nijmegen | BankTrack, Mandy Haggith – Environmental Paper Network
blog
external news
our news

Banks not yet living up to UN human rights principles, finds BankTrack

New research finds inadequate reporting on human rights impacts, and failure to establish mechanisms to allow complaints.
2014-12-02 | Geneva | BANKTRACK
blog
external news
our news

El Banco Santander implicado en los incendios de la selva de Indonesia

2014-07-09 | Greenpeace
blog
external news
our news

APRIL signed a USD 265 million loan agreement

2014-04-25 | Reuters China
blog
external news
our news

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
blog
external news
our news

Banco Santander ranked second in the Spanish armed banking

2012-03-28 | Madrid, Spain | SETEM
blog
external news
our news

APRIL - PXF financing

2012-03-07 | Trade Finance Magazine
blog
external news
our news

Don’t bank on the bomb

2012-03-05 | Washington | ICAN
blog
external news
our news

New report: European banks fuelling food price volatility and hunger

2012-01-12 | Brussels | Friends of the Earth Europe
blog
external news
our news

Belo Monte dam does not meet sustainability criteria of world's private banks, say rights groups

2011-11-07 | Brazil | International Rivers and Amigos da Terra-Amazônia
blog
external news
our news

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
blog
external news
our news

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds
blog
external news
our news

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
blog
external news
our news

Financiers search for sustainable future

2011-10-20 | Washington | Environmental Finance
blog
external news
our news

Santander Bank admits dam funding to continue

2011-07-11 | Survival
blog
external news
our news

Santander Bank reports suspension of funding for controversial dam

2011-05-05 | Survival
blog
external news
our news

Cluster bombs manufactured in Spain in 2007 and used by Gaddafi to bomb Misrata were financed by Spanish banks

Cajalón, Caja España, Caja Mediterráneo, Bankinter, Ibercaja, Banco Popular, Banco Sabadell and La Caixa involved
2011-05-04 | Madrid, Spain | SETEM
blog
external news
our news

European banks provide fuel for the conflict in Sudan

The limited scope of Sustainable Asset Management
2010-09-20 | Amsterdam | Somo
blog
external news
our news

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Los bancos puntúan bajo en sostenibilidad, transparencia y responsabilidad

El informe incluye por primera vez a bancos de economías emergentes como India o Tailandia
2010-04-28 | Madrid, Spain | Setem
blog
external news
our news

BankTrack calls upon banks to Close the Gap on investment policies

New report evaluates quality of investment policies of 49 banks; more policies in place, overall quality below what is required
2010-04-27 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

BankTrack members unveil bank secrets

Six European organizations launch a revealing website: www.banksecrets.eu
2009-06-25 | Brussels | CRBM
blog
external news
our news

Spain’s Banco Santander Criticized for Hypocrisy

Santander signs Equator Principles while financing Madeira Dam
2009-05-13 | Washington, D.C. | Amazon watch
blog
external news
our news

Major banks facilitate corruption in world's poorest countries; government regulation is not working

2009-03-11 | London | Global Witness
blog
external news
our news

Polêmicas ambientais e crise afastam financiamento de investidores privados

Folha de Sao Paolo
2009-03-08 | São Paulo- Brazil | Amigos da Terra Amazonia Brasileira
blog
external news
our news

Independent Experts Find Fatal Flaws in Amazon Dam Studies

International Rivers
2006-11-13 | Sao Paulo, San Fransisco | Amigos da Terra Amazonia Brasileira

Documents

| | | | | | | | | | | |
Type:
Year:
correspondence
2019-09-11 00:00:00

Letter from Santander to BankTrack on PRB implementation

2019-09-11 00:00:00 | Santander
ngo documents
2019-05-21 00:00:00

Fool's Gold

The financial institutions bankrolling Europe’s most coal-dependent utilities
2019-05-21 00:00:00 | Europe Beyond Coal
our publications
2019-04-11 00:00:00

Annual General Meeting Shareholder Briefing Santander (Spanish)

2019-04-11 00:00:00 | BankTrack
our publications
2019-04-10 00:00:00

Annual General Meeting Shareholder Briefing Santander (English)

2019-04-10 00:00:00 | BankTrack
csr policies
2019-03-11 00:00:00

Defence sector policy

Date listed represents date as accessed on website
2019-03-11 00:00:00 | Banco Santander
csr policies
2019-03-11 00:00:00

Soft commodities sector policy

Date listed represents date as accessed on website
2019-03-11 00:00:00 | Banco Santander
csr policies
2019-03-11 00:00:00

Anti-corruption policy

Date listed represents date as accessed on website
2019-03-11 00:00:00 | Banco Santander
annual reports
2019-03-11 00:00:00

Annual report 2018

2019-03-11 00:00:00 | Banco Santander
csr policies
2019-02-25 00:00:00

Modern Slavery Statement 2018

2019-02-25 00:00:00 | Banco Santander
csr policies
2019-01-18 00:00:00

Code of conduct

2019-01-18 00:00:00 | Banco Santander
csr policies
2018-12-03 00:00:00

Principles of responsible behaviour for suppliers

Date listed represents date as accessed on website
2018-12-03 00:00:00 | Banco Santander
csr policies
2018-12-03 00:00:00

Human Rights Policy

2018-12-03 00:00:00 | Banco de Santander
bank documents
2018-12-03 00:00:00

General Sustainability Policy

2018-12-03 00:00:00 | Banco de Santander
csr policies
2018-11-30 00:00:00

Energy sector policy

2018-11-30 00:00:00 | Banco Santander
csr policies
2018-11-30 00:00:00

Mining and metals sector policy

2018-11-30 00:00:00 | Banco Santander
correspondence
2018-10-16 00:00:00

Letter from BankTrack and 120 organisations to Santander on Demands FBNT campaign

2018-10-16 00:00:00 | BankTrack and 120 organisations
csr policies
2018-02-28 00:00:00

General sustainability policy

2018-02-28 00:00:00 | Banco Santander
csr policies
2018-02-28 00:00:00

Climate change and environmental management policy

2018-02-28 00:00:00 | Banco Santander
annual reports
2018-02-16 00:00:00

CSR report 2017

2018-02-16 00:00:00 | Santander
annual reports
2018-02-05 00:00:00

Annual Report 2017

2018-02-05 00:00:00 | Santander
correspondence
2017-11-24 00:00:00

Letter from 30 Indonesian NGOs to PT RAPP financiers on current situation of PT RAPP (APRIL's main supplier)

2017-11-24 00:00:00 | 30 Indonesian NGOs
ngo documents
2017-08-01 00:00:00

In the Red

An Assessment of Bank Policies for Financing Pulp and Paper
2017-08-01 00:00:00 | Environmental Paper Network
csr policies
2017-07-20 00:00:00

Anti-money Laundering and Countering Terrorism Financing Corporate Framework

2017-07-20 00:00:00 | Santander
annual reports
2017-05-16 00:00:00

Annual Report 2016

2017-05-16 00:00:00 | Santander
annual reports
2017-05-16 00:00:00

Sustainability Report 2016

2017-05-16 00:00:00 | Santander
csr policies
2016-08-22 00:00:00

Sectorial Policies

2016-08-22 00:00:00 | Santander
bank documents
2016-08-22 00:00:00

Analysis of social and environmental risk in credit operations

2016-08-22 00:00:00 | Santander
annual reports
2016-08-15 00:00:00

2015 Annual Report

Includes Corporate Governance report
2016-08-15 00:00:00 | Santander
correspondence
2016-07-21 00:00:00

Letter from Banco Santander to BankTrack on Banking with Principles report

2016-07-21 00:00:00 | Santander
our publications
2016-06-30 00:00:00

Banking with Principles? Second Edition June 2016

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2016-06-30 00:00:00 | BankTrack
our publications
2016-06-14 00:00:00

Shorting the Climate

Fossil Fuel Finance Report Card 2016
2016-06-14 00:00:00 | BankTrack, Rainforest Action Network, Sierra Club and Oil Change International
our publications
2016-06-13 00:00:00

Poland – Banks funding the dirtiest form of coal

2016-06-13 00:00:00 | BankTrack
our publications
2016-06-02 00:00:00

Green Paper, Red Lines

Requirements for pulp and paper industry finance
2016-06-02 00:00:00 | BankTrack, Environmental Paper Network
bank documents
2016-03-02 00:00:00

Code of conduct in securities markets

2016-03-02 00:00:00 | Santander
annual reports
2016-02-01 00:00:00

2015 Sustainability Report

2016-02-01 00:00:00 | Santander
ngo documents
2015-06-15 00:00:00

EU Investors, Land Grabs and Deforestation: Case-Studies

Briefing note
2015-06-15 00:00:00 | Fern
annual reports
2015-03-24 00:00:00

Annual Report 2014

Includes Corporate Governance report
2015-03-24 00:00:00 | Santander
annual reports
2015-03-01 00:00:00

2014 Sustainability Report

2015-03-01 00:00:00 | Santander
csr policies
2015-02-26 00:00:00

Social and Environmental Policy

2015-02-26 00:00:00 | Santander
correspondence
2014-12-10 00:00:00

Letter from EPN to Banks investing in April on APRIL

2014-12-10 00:00:00 | EPN
our publications
2014-12-02 00:00:00

Banking with Principles?

Benchmarking Banks against the UN Guiding Principles on Business and Human Rights
2014-12-02 00:00:00 | BankTrack
csr policies
2014-09-10 00:00:00

Anti-corruption policy

2014-09-10 00:00:00 | Santander
annual reports
2014-01-01 00:00:00

Sustainability Report 2013

2014-01-01 00:00:00 | Santander
annual reports
2014-01-01 00:00:00

Annual Report 2013

Includes Corporate Governance report
2014-01-01 00:00:00 | Santander
annual reports
2013-05-08 00:00:00

Sustainability Report 2012

2013-05-08 00:00:00 | Santander
annual reports
2013-05-08 00:00:00

Annual report 2012

Includes Corporate governance report
2013-05-08 00:00:00 | Santander
annual reports
2012-05-01 00:00:00

CSR Report 2011 minisite

2012-05-01 00:00:00 | Santander
annual reports
2012-03-12 00:00:00

Annual Report 2011

2012-03-12 00:00:00 | Santander
ngo documents
2012-03-01 00:00:00

Banks and Arms: Explosive investments

A Ranking of the Spanish Arms-Funding Banks
2012-03-01 00:00:00 | Jordi Calvo Rufanges - Centre d’Estudis per la Pau J.M. Delàs · Justícia i Pau
correspondence
2011-10-25 00:00:00

Segunda notificação extrajudicial- Complexo Hidreletrico de Belo Monte- Santander

2011-10-25 00:00:00 | Amigos da Terra- Amazonia Brasileira
correspondence
2011-10-25 00:00:00

Notificação extrajudicial: teor da presente notificação- Santander

2011-10-25 00:00:00 | Amigos da Terra- Amazonia Brasileira
other documents
2011-10-19 00:00:00

2011 Global Investor Statement on Climate Change

2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI
other documents
2011-05-05 00:00:00

Dirty Business: Spanish banks financing producers of controversial weapons

2011-05-05 00:00:00 | Profundo
correspondence
2010-12-18 00:00:00

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack
our publications
2010-10-01 00:00:00

Close the Gap

Evaluacion de las politicas de inversion de los bancos internacionales
2010-10-01 00:00:00 | BankTrack
our publications
2010-04-27 00:00:00

Close the Gap

Benchmarking investment policies of international banks
2010-04-27 00:00:00 | BankTrack
other documents
2009-06-19 00:00:00

Setem pide al Santander en su Junta de Accionistas que se retire de Río Madeira

2009-06-19 00:00:00 | Setem
other documents
2009-06-19 00:00:00

Intervention of Annie Yumi Joh - SETEM at Santander´s AGM 2009

2009-06-19 00:00:00 | Annie Yumi Joh
ngo documents
2009-02-13 00:00:00

EIS Problems Brief

2009-02-13 00:00:00
ngo documents
2009-01-05 00:00:00

El Derecho Al Agua

2009-01-05 00:00:00
other documents
2008-06-21 00:00:00

Intervention SETEM - Victor Maeso at Santander AGM

2008-06-21 00:00:00
other documents
2008-06-21 00:00:00

Intervention Luis Novoa - Red de Brasil sobre Instituciones Financieras Multilaterales at Santander AGM

2008-06-21 00:00:00
other documents
2008-06-21 00:00:00

Intervention of Annie Yumi Joh - SETEM at Santander AGM 2008

2008-06-21 00:00:00
ngo documents
2008-01-11 00:00:00

Profiles of European Banks

2008-01-11 00:00:00 | Ceres
ngo documents
2007-12-15 00:00:00

Santander: Vínculos financieros con empresas y projectos controvertidos en el mundo

2007-12-15 00:00:00 | SETEM
other documents
2007-11-20 00:00:00

Brazil offers Bolivia "a gift" - but at what cost?

2007-11-20 00:00:00 | Glenn Switkes
correspondence
2007-07-10 00:00:00

Correspondencia: Ministerio de relaciones y cultos de la República de Bolivia al ministro de relaciones exteriores de la República Federerativa del Brasil

2007-07-10 00:00:00 | David Choquehuanca, ministro de relaciones exteriores y cultos
other documents
2007-02-03 00:00:00

Pronunciamiento de los Pueblos Amazónicos de Bolivia y Brasil frente a la próxima reunión de los presidentes de los gobiernos de Bolivia y Brazil, Evo Morales e Ingácio Lula da Silva, sobre las represas del río Madera

2007-02-03 00:00:00 | Representatives of towns and communities of the Amazon region of Bolivia and Brazil
ngo documents
2006-11-20 00:00:00

30 Errors in the Environmental Impact Assesment for the Madeira River Hydroelectric Complex

2006-11-20 00:00:00 | Amigos da Terra Amazônia Brasileira, International Rivers
other documents
2006-10-12 00:00:00

Pronunciamiento de la Región Amazónica de Bolivia en torno a las represas proyectadas sobre el río Madera

2006-10-12 00:00:00 | Representatives of the northern Amazon region of Riberalta, Bolivia

Media

Photos from Re:Common's Punta Catalina fact-finding mission

Green March protestors keep up the pressure on Dominican Republic's president, as the Odebrecht corruption scandal continues, August 2017. View of the Punta Catalina construction site, August 2017. Some Punta Catalina coal project greenwash, August 2017 Green March protestors outside the Punta Catalina construction site, August 2017. The Punta Catalina construction site, August 2017.

Santander on the front page

Photos from the Santander Annual Shareholder Meeting

Photos from the Santander Share 'Giveaway' action










Links

Finanzas Eticas

http://www.finanzaseticas.org/

Sustainability page Santander

http://www.santander.com/csgs/Satellite/CFWCSancomQP01/en_GB/Corporate/Sustainability.html

Corporate information about Santander

http://www.santander.com/csgs/Satellite/CFWCSancomQP01/en_GB/Corporate/About-The-Group/Key-facts-and-figures.html

Socially responsible investment page of Santander

http://www.santander.com/csgs/Satellite/CFWCSancomQP01/en_GB/Corporate/Sustainability/Sustainable-activity/Socially-responsible-investment.html

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.

Year:
csr policies
2019-03-11 00:00:00

Defence sector policy

Date listed represents date as accessed on website
2019-03-11 00:00:00 | Banco Santander
csr policies
2019-03-11 00:00:00

Soft commodities sector policy

Date listed represents date as accessed on website
2019-03-11 00:00:00 | Banco Santander
csr policies
2019-03-11 00:00:00

Anti-corruption policy

Date listed represents date as accessed on website
2019-03-11 00:00:00 | Banco Santander
csr policies
2019-02-25 00:00:00

Modern Slavery Statement 2018

2019-02-25 00:00:00 | Banco Santander
csr policies
2019-01-18 00:00:00

Code of conduct

2019-01-18 00:00:00 | Banco Santander
csr policies
2018-12-03 00:00:00

Principles of responsible behaviour for suppliers

Date listed represents date as accessed on website
2018-12-03 00:00:00 | Banco Santander
csr policies
2018-12-03 00:00:00

Human Rights Policy

2018-12-03 00:00:00 | Banco de Santander
csr policies
2018-11-30 00:00:00

Energy sector policy

2018-11-30 00:00:00 | Banco Santander
csr policies
2018-11-30 00:00:00

Mining and metals sector policy

2018-11-30 00:00:00 | Banco Santander
csr policies
2018-02-28 00:00:00

General sustainability policy

2018-02-28 00:00:00 | Banco Santander
csr policies
2018-02-28 00:00:00

Climate change and environmental management policy

2018-02-28 00:00:00 | Banco Santander
csr policies
2017-07-20 00:00:00

Anti-money Laundering and Countering Terrorism Financing Corporate Framework

2017-07-20 00:00:00 | Santander
csr policies
2016-08-22 00:00:00

Sectorial Policies

2016-08-22 00:00:00 | Santander
csr policies
2015-02-26 00:00:00

Social and Environmental Policy

2015-02-26 00:00:00 | Santander
csr policies
2014-09-10 00:00:00

Anti-corruption policy

2014-09-10 00:00:00 | Santander

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.

Active

Punta Catalina-Hatillo coal power plant Dominican Republic

energy plants - coal
On record

Block 31, Yasuni National Park Ecuador

oil and gas
On record

MGT Teesside biomass power station United Kingdom

energy plants - biomass
On record

Rio Madeira dams: Jirau and Santo Antonio Brazil

energy plants - dams
On record

SOCAR Aegean Refinery Turkey

energy plants - coal | oil and gas

Human rights

True leader Front runner Follower Laggard
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.
Policy: 3/3Due dilligence: 0.5/3
Reporting: 0/3Remedy: 0/3
For more details, see Banking with Principles? 2016 update.

Equator Principles

Implementation and reporting

Banco Santander is reporting on the implementation here.

Contact and complaints

Equator Principles Dodgy Deals

Projects

Active

Punta Catalina-Hatillo coal power plant Dominican Republic

energy plants - coal
On record

Block 31, Yasuni National Park Ecuador

oil and gas
On record

MGT Teesside biomass power station United Kingdom

energy plants - biomass
On record

Rio Madeira dams: Jirau and Santo Antonio Brazil

energy plants - dams
On record

SOCAR Aegean Refinery Turkey

energy plants - coal | oil and gas

Good moves

Year:

2018

Santander move on coal finance welcome but ‘far from enough’ to address its climate impacts, say groups

Following a recent update to its coal finance policies, Spain’s biggest bank Banco Santander has committed to ending its direct financing of coal projects (mining and power) worldwide, a decision welcomed as a good move by NGOs. [1] Santander’s new commitment comes just a few weeks after the release of a video…

2017

Five European banks pressured not to tolerate corrupt practices at Dominican coal plant project

Mired in a major international corruption scandal, the proposed Punta Catalina coal plant in the Dominican Republic became untouchable for Deutsche Bank, ING, Santander, Société Générale and Unicredit in 2017. As the gravity of the situation surrounding the project’s construction…

2015

Santander and ABN AMRO refuse to renew loans to APRIL

In February, Santander announced its decision not to renew or provide further funding to APRIL, an Indonesian pulp and paper company responsible for large scale deforestation and social conflcits, following months of campaigning inlcuding a Greenpeace petition. Less than two weeks later, ABN AMRO followed…

2011

Santander Bank reports suspension of funding for controversial Brazilian dam

Santander stated that it has suspended its funding for Brazil's hugely controversial Santo Antonio dam, citing environmental and social concerns. The decision is a serious blow to the project, one of a series of dams planned for the Amazon that have prompted protests in Brazil and around the world. Read more at Survival…
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