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SAN share (Madrid) Negativo_GB 4.0445 | -1.83% | 18:00

Financial solutions for environment protection

Banco Santander contributes to the global objective of fighting climate change by providing financial solutions and via its leadership position in renewable energy at the international level. Furthermore, Santander has known how to adapt to market changes, taking advantage of new business opportunities that have arisen.

This commitment is materialized through various financial products and services:

Financing for electric vehicles (EV), hybrid and low carbon emissions

  • In Spain, the Bank finances a fleet of 17,242 vehicles of this type, most of which are low-emission vehicles, Specifically, in 2015, 5,870 lines of finance were granted for a total of €89 million.
  • Similarly, Santander Brazil has developed an online calculator that lets customers calculate and offset emissions from vehicles financed by the Bank, and from their own personal activities, by acquiring carbon credits (Reduza e Compense program).

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More information

You can access detailed information for 2018 through our Responsible Banking report.

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