Santander scored 80 out of 100 in the Index, which includes 27 banks from across the globe.
This year 200 companies in the Bank industry were invited for DJSI World
The bank has featured in the Index, which measures environmental, social and governance performance, for 23 years running.
Madrid. 9 December 2023.
Santander is among the world’s 27 most sustainable banks according to the 2023 Dow Jones Sustainability Index (DJSI). The bank scored 80 out of 100 points. Santander has featured in the Index of most sustainable companies for 23 years running. An international benchmark, the DJSI assesses the Group’s sustainability through environmental, social and governance standards.
Santander scored high in every category: 69 points for environmental, 81 for social, and 83 for governance. What’s more, we’re among the banks with the best scores in transparency and reporting, risk and crisis management, tax strategy, and talent.
In supporting the fight against climate change and the green transition, we continue to make progress on our goal to reach net zero carbon emissions group-wide by 2050, in line with the Paris Agreement.
To achieve them, Santander is focusing on helping its customers go green. Santander remains committed to raising 220 billion euros in green finance between 2019 and 2030, with an interim target of 120 billion euros by 2025 — as of September 2023, we had already reached 105.9 billion euros.
Santander is also targeting 100 billion euros in assets under management classified as “socially responsible investment” by 2025.
The bank has also set interim targets to decarbonize our portfolio of emissions-intensive industries by 2030 (coal mining, oil and gas, power generation, steel, and aviation).
In 2023, Euromoney named Santander the World's Best Bank for Financial Inclusion for the third year in a row. Santander financially empowered 11.8 million people, exceeding our 10 million target three years early. Our current target is the financial inclusion of 5 million people between 2023 and 2025 through banking access and lending initiatives. As part of our financial inclusion programmes, we gave 950 million euros in micro loans in 2022 (mainly in Brazil and Mexico).
Santander Chile once again features in the DSJI Emerging Markets. Listed since 2020, it’s the only bank in Chile in the Index.