-
Overall approach8/16
-
Overarching commitment on deforestation8/16
-
-
Commodity score31/64
-
Beef & Leather30/64
-
Commitment Strength30/42
-
Commodity-specific financing policy9.6/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated5.6/5.6
-
Commitment detailsEntire supply chain - Require4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes9.3/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers0.1/0.4
-
-
Assurance mechanism to ensure compliance0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Commitments must be timebound5.3/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers0.1/0.4
-
-
-
Social Considerations0/22
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
-
-
Palm oil30/64
-
Commitment Strength30/42
-
Commodity-specific financing policy9.4/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
Companies must be legally operated5.6/5.6
-
Commitment detailsEntire supply chain - Require4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes9.6/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Commitments must be timebound5.3/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers0.1/0.4
-
-
-
Social Considerations0/22
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
-
-
Soy30/64
-
Commitment Strength30/42
-
Commodity-specific financing policy9.4/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors0.2/0.4
-
-
Companies must be legally operated5.6/5.6
-
Commitment detailsEntire supply chain - Require4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes9.6/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Commitments must be timebound5.3/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers0.1/0.4
-
-
-
Social Considerations0/22
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
-
-
Timber, Pulp & Paper36/64
-
Commitment Strength36/42
-
Commodity-specific financing policy9.6/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated5.6/5.6
-
Commitment detailsEntire supply chain - Require4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes9.6/9.6
-
Commitment detailsAll high priority landscapes - Require8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance5.6/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Commitments must be timebound5.3/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers0.1/0.4
-
-
-
Social Considerations0/22
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNo0/0.4
-
-
-
-
-
Reporting & Implementation8/20
-
Policy is reviewed and updated5/5
-
Companies must disclose subsidiaries in commodity supply chains0/5
-
Monitoring and non-compliance process3/5
-
Reporting on implementation of the policy0/5
-
-
Commitment strength31/42
-
Social considerations0/22
Profile
Santander are a bank headquartered in Spain serving private, corporate and institutional clients. Their services include asset management, corporate finance, securities, insurance and retail banking services. As of 2017, Santander’s total assets amount to more than 1.4 trillion EUR, with more than 860 billion EUR in net customer loans. Santander are among the top 20 lenders to Forest 500 companies, with loans amounting to more than 20 billion USD across a broad range of forest risk commodities.
Disclaimer
This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.
All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.
Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.