In 2019, Santander joined a growing number of the world's largest banks in making a financial commitment to sustainable financing and investments to help projects, technologies, and clean energies in delivery of the Paris Agreement and the UN Sustainable Development Goals. Banco Santander's goal is to facilitate and mobilize 120 billion euros of green finance between 2019 and 2025. Between 2019 and 2030 the bank wants the level of green finance to have reached 220 billion euros. During 2019, Banco Santander reached 18.6 billion in green finance, with the majority in project finance lending and financing, and by 2023 the level had reached 114.6 billion U.S. dollars.
Value of cumulative green finance raised and facilitated of Banco Santander from 2019 to 2023 with 2025 and 2030 targets
(in billion U.S. dollars)
Includes Grupo Santander's contribution to green finance: project finance;
syndicated loans; green bonds; capital finance; export finance, advisory
services, structuring and other products, to help customers transition to a
low-carbon economy. EUR 220bn committed from 2019 to 2030.
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Banco Santander. (February 19, 2024). Value of cumulative green finance raised and facilitated of Banco Santander from 2019 to 2023 with 2025 and 2030 targets (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1104715/cumulative-sustainable-finance-commitment-of-santander-bank-globally/
Banco Santander. "Value of cumulative green finance raised and facilitated of Banco Santander from 2019 to 2023 with 2025 and 2030 targets (in billion U.S. dollars)." Chart. February 19, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1104715/cumulative-sustainable-finance-commitment-of-santander-bank-globally/
Banco Santander. (2024). Value of cumulative green finance raised and facilitated of Banco Santander from 2019 to 2023 with 2025 and 2030 targets (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1104715/cumulative-sustainable-finance-commitment-of-santander-bank-globally/
Banco Santander. "Value of Cumulative Green Finance Raised and Facilitated of Banco Santander from 2019 to 2023 with 2025 and 2030 Targets (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Feb 2024, https://www.statista.com/statistics/1104715/cumulative-sustainable-finance-commitment-of-santander-bank-globally/
Banco Santander, Value of cumulative green finance raised and facilitated of Banco Santander from 2019 to 2023 with 2025 and 2030 targets (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1104715/cumulative-sustainable-finance-commitment-of-santander-bank-globally/ (last visited December 22, 2024)
Value of cumulative green finance raised and facilitated of Banco Santander from 2019 to 2023 with 2025 and 2030 targets (in billion U.S. dollars) [Graph], Banco Santander, February 19, 2024. [Online]. Available: https://www.statista.com/statistics/1104715/cumulative-sustainable-finance-commitment-of-santander-bank-globally/