Santander US releases 2021 ESG report

Santander US has announced that it has released its 2021 environmental, social and governance report.

The 2021 ESG Report outlines the impact Santander is making across areas affecting employees, customers and communities and its practices related to the environment and sustainability. Highlights include:

Empowering People and Businesses – 46,000 individuals received financial education, $100 million investment in digital transformation for consumer banking, 167,000 financially empowered people, and filling 50 percent of Santander jobs with internal candidates.

Fostering Inclusive Communities – 400+ partner organizations supported, 100,000 people helped, 25,000+ volunteer hours and $18 million in charitable giving.

Supporting the Green Economy – 100 percent carbon neutral operations, $3.1 billion in renewable finance exposure supporting $7.8 billion in total deal size, participant in sustainability linked transactions totaling $79.2 billion, 47.7 percent electricity from renewable sources, $697 million of hybrid electric vehicle finance and 100 percent elimination of single-use plastics where feasible.

“Santander US continues to demonstrate our focus on developing financially sustainable and equitable practices to build pathways of prosperity for the future,” said Santander US CEO Tim Wennes. “Over the last year, Santander has worked diligently to improve people’s lives, livelihoods and communities, as we continue to support the green transition. As part of Santander Group, we are working hard to fulfill our public ESG commitments and look forward to continued progress in the future.”

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