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About Banco Santander
Banco Santander, founded in 1857, is a Spanish bank and the fifth largest bank in Europe in terms of assets. The bank has expanded since 2000 through a number of acquisitions and has operations across Europe, Latin and North America 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 (see on record profile).
Santander Group City. Avda. de Cantabria s/n
28660 Boadilla del Monte, Madrid
Mr. José Antonio Álvarez Álvarez |
|Annual report||Annual report 2021|
listed on Bolsa de Madrid, Borsa Italia, Brazil Stock Exchange, London Stock Exchange & NYSE
Banco Santander's shareholder structure can be accessed here.
Banco Popular Espanol – Spain
|Complaints and grievances||
Banco Santander does not operate a complaints channel for individuals and communities that may be adversely affected by its finance. However, the bank can be contacted at firstname.lastname@example.org.
Related Dodgy Deals
Dodgy Deals map
Tracking the Equator Principles
EPFIs reporting status
EP reporting page: https://equator-principles.com/reporting-banco-santander-s-a-2019/
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
Banks and Climate
Bank net zero commitments
Goal 2025/2030: Pledged to publish interim commitments. Also pledged to set a 2030 target (NZBA).
Goal 2050: Net zero by 2050 (lending, advisory or investment services). Also NZBA.
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
Banks and Human Rights
Human Rights Benchmark November 2019
Banco Santander's human rights policies, processes and reporting were assessed as part of the BankTrack Human Rights Benchmark in November 2019. The bank is assessed as a Follower, with a total score of 3.5 out of 14.
Due dilligence: 0.5/5
This page evaluates Banco Santander's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".