Last update: 01/03/2022

Ensuring diversity and equal opportunities is a priority for our bank. Accordingly, we are launching projects and initiatives aimed at achieving gender equity, a workplace where women have their own voice and a strong presence, and a level playing field for both genders.

Gender equality is a fundamental right that acts as a driver to achieve a fairer and more prosperous society at all levels. To satisfy this pressing need, more and more companies and institutions are launching policies and initiatives that strive to bring us closer to effective equality between men and women.

40 %

of the board of directors are women

54 %

of our workforce are women

30 %

of leaders to be women, our commitment for 2025

40 %

of the board of directors are women

54 %

of our workforce are women

30 %

of leaders to be women, our commitment for 2025

In the specific case of Santander, we are working every day to achieve real equality among our professionals. These efforts are reflected in our numbers. As well as being the only Spanish bank with a woman chairman at the helm, we are among the companies on the Ibex 35 (the benchmark stock market index of the Spanish stock exchange) with the highest percentage of female board members (40%). With regard to our workforce as a whole, female employees are in the majority (54%). 

These figures, and our efforts to achieve gender equality in society as a whole, place us at the top of the Bloomberg global Gender-Equality Index, with the highest score in the financial sector and the second highest of all the 418 companies analysed. This indicator measures the importance of gender equality in the internal statistics of companies, and the policies applied with regard to their employees and in the communities where they operate.

But we are still not satisfied with this. “Our goal is for 30% of management positions to be filled by women by 2025. Since Santander’s board understands the benefits associated with a balanced board composition, it has adopted the objective of increasing the presence of women to between 40% and 60%,” states our Group executive chairman, Ana Botín.

Gender equality beyond Santander

We only have to look at the data published by the World Economic Forum to realise that the gender gap is still very present in society. To narrow this gap, Santander has launched various initiatives in the markets where it has a presence, with the aim of increasing women’s participation in areas of decision-making and achieving equality between men and women.

One of these initiatives is the “Mujeres con S“ programme in Spain. Through this project, we provide women with the resources and tools they need to develop and to achieve their professional goals, and we foster entrepreneurship and help them break the glass ceiling so that they can form part of companies’ decision-making bodies. This initiative forms part of a much more ambitious project called “Generación 81”, a global proposal that aims to put an end to male bias, break down gender stereotypes, encourage female talent and promote women’s professional careers.

Our dedication to equality knows no borders. In the United Kingdom, we have launched the Accelerating You programme, which encourages leadership among women, with a focus on networking and personal brand development. 

Another initiative with which we aim to increase gender equality is the “Banca Women” programme in Argentina, whereby we offer financial services to women who are entrepreneurs, owners of SMEs or independent professionals.

“Not only is diversity good for women, it is good for men too. And it is good for society, for Santander and for the world. Achieving gender diversity is key to success in today’s world,” states our Group executive chairman.

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