Many International institutions define social and environmental responsibility as the voluntary integration of social and environmental concerns into the company’s operations and its relationships with stakeholders. They consider that the degree to which a company cares for the environment is directly related to its economic prosperity and social wellbeing.
Santander Group combines its leadership as a large international financial group with a strong commitment to both society and environmental protection. Santander Group is one of the most competitive and dynamic worldwide financial groups, contributing to social development and generating value for shareholders, customers and employees as well as society in all the countries in which it operates.
The decision by Banco Santander to adopt voluntary international commitments that go beyond regulatory requirements - such as the Global Compact, UNEP FI and the Equator Principles - contributes to increased social development, environmental protection and the respect of human rights.
These initiatives comprise part of the identity of the Group and are included in the Social and Environmental Policy (Group Santander Global Policy).
In addition, the Bank has developed specific policies that establish the criteria to be used in banking activities relating to Defence, Energy and Forestry sectors, and that consider their social and environmental impact and relevance in the countries in which the Bank operates.
The Equator Principles
Grupo Santander Social and Environmental Policy
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