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  • Overall approach
    8/16
    • Overarching commitment on deforestation
      8/16
      Deforestation commitment
      Reduce deforestation
      8/16
      "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation."
      Open source document
  • Commodity score
    31/64
    • Beef & Leather
      30/64
      • Commitment Strength
        30/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] agriculture and cattle ranching".
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] agriculture and cattle ranching".
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] agriculture and cattle ranching".
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] agriculture and cattle ranching".
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] agriculture and cattle ranching".
            Open source document
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
        • Companies must protect priority forests or globally important landscapes
          9.3/9.6
          • Commitment details
            All high priority landscapes - Require
            8/8
            Commitment details
            All high priority landscapes - Require
            8/8
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.3/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Palm oil
      30/64
      • Commitment Strength
        30/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] oil palm plantations [and...] processing of soy, palm oil or rubber".
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] oil palm plantations [and...] processing of soy, palm oil or rubber".
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] oil palm plantations [and...] processing of soy, palm oil or rubber".
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] oil palm plantations [and...] processing of soy, palm oil or rubber".
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] oil palm plantations [and...] processing of soy, palm oil or rubber".
            Open source document
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
        • Companies must protect priority forests or globally important landscapes
          9.6/9.6
          • Commitment details
            All high priority landscapes - Require
            8/8
            Commitment details
            All high priority landscapes - Require
            8/8
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.3/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Soy
      30/64
      • Commitment Strength
        30/42
        • Commodity-specific financing policy
          9.4/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] soy plantations [and...] processing of soy, palm oil or rubber".
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] soy plantations [and...] processing of soy, palm oil or rubber".
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] soy plantations [and...] processing of soy, palm oil or rubber".
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] soy plantations [and...] processing of soy, palm oil or rubber".
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.2/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] soy plantations [and...] processing of soy, palm oil or rubber".
            Open source document
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
        • Companies must protect priority forests or globally important landscapes
          9.6/9.6
          • Commitment details
            All high priority landscapes - Require
            8/8
            Commitment details
            All high priority landscapes - Require
            8/8
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
        • Assurance mechanism to ensure compliance
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.3/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
    • Timber, Pulp & Paper
      36/64
      • Commitment Strength
        36/42
        • Commodity-specific financing policy
          9.6/9.6
          • Commitment details
            Yes
            8/8
            Commitment details
            Yes
            8/8
            Type of policy: Reduce deforestation
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] extraction and processing of timber products [and] manufacture of wood-based cellulose and paper".
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] extraction and processing of timber products [and] manufacture of wood-based cellulose and paper".
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] extraction and processing of timber products [and] manufacture of wood-based cellulose and paper".
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] extraction and processing of timber products [and] manufacture of wood-based cellulose and paper".
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "These [soft commodity] standards involve the enforcement of recognised standards that aim to sustainably manage these resources and help prevent deforestation." This policy applies to "activities with an impact on forests, tropical savannahs and savannah biomes [...including] extraction and processing of timber products [and] manufacture of wood-based cellulose and paper".
            Open source document
        • Companies must be legally operated
          5.6/5.6
          • Commitment details
            Entire supply chain - Require
            4/4
            Commitment details
            Entire supply chain - Require
            4/4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "In the process of analysis and evaluation, which requires the assistance of external consultants, the Santander Group will collect the following documentation [...including] all documents that verify that the customer meets the legislation on social and environmental issues".
            Open source document
        • Companies must protect priority forests or globally important landscapes
          9.6/9.6
          • Commitment details
            All high priority landscapes - Require
            8/8
            Commitment details
            All high priority landscapes - Require
            8/8
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV." They also will not finance "deforestation of declared protected forests or of high conservation or ecological value". 
            Open source document
        • Assurance mechanism to ensure compliance
          5.6/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Verification method: Certification Scheme
            Certification scheme (if applicable): FSC
            "Santander Group will not provide financial products and/or services to any of the following activities [...including] extraction and sale of native tropical wood species not certified to FSC". 
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [...including] extraction and sale of native tropical wood species not certified to FSC". 
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [...including] extraction and sale of native tropical wood species not certified to FSC". 
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [...including] extraction and sale of native tropical wood species not certified to FSC". 
            Open source document
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [...including] extraction and sale of native tropical wood species not certified to FSC". 
            Open source document
        • Companies must have a grievance mechanism
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Commitments must be timebound
          5.3/5.6
          • Commitment details
            Require
            4/4
            Commitment details
            Require
            4/4
            Type of policy: Compliance is prerequisite for financing
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all operations and financing
            All
            0.4/0.4
            Policy applies to all operations and financing
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all deals
            All
            0.4/0.4
            Policy applies to all deals
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all companies
            All
            0.4/0.4
            Policy applies to all companies
            All
            0.4/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
          • Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            Policy applies to all stages of the supply chain
            Producers
            0.1/0.4
            "Santander Group will not provide financial products and/or services to any of the following activities [including] production facilities located in areas classified as Ramsar Sites, World Heritage Sites, or by the International Union for Conservation of Nature as categories I,II, III or IV."
            Open source document
      • Social Considerations
        0/22
        • Company must ensure Free, Prior and Informed Consent
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must respect labour rights
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Company must address gender equality issues
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
        • Companies must encourage the inclusion of small-scale farmers
          0/5.6
          • Commitment details
            No
            0/4
          • Policy applies to all operations and financing
            No
            0/0.4
          • Policy applies to all deals
            No
            0/0.4
          • Policy applies to all companies
            No
            0/0.4
          • Policy applies to all stages of the supply chain
            No
            0/0.4
  • Reporting & Implementation
    8/20
    • Policy is reviewed and updated
      5/5
      Policy review
      Commit to update policy - Annually or more frequent
      5/5
      "This document will take effect on the date of its publication. Its contents will be subject to annual review and any changes or modifications considered appropriate will be made or, as the case may be, made."
      Open source document
    • Companies must disclose subsidiaries in commodity supply chains
      0/5
    • Monitoring and non-compliance process
      3/5
      Monitoring compliance
      Yes - General non-compliance statement
      3/5
      "Units, as defined in the internal procedures, are responsible for the assessment of the environmental and social impacts in relation to client activities/transactions before submitting them for consideration to the risk committees. [...] The units will also be responsible for monitoring, controlling and reporting on the client risk exposures and transactions assessed."
      Open source document
    • Reporting on implementation of the policy
      0/5
  • Commitment strength
    31/42
    Avg. score
  • Social considerations
    0/22
    Avg. score

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.

HQ
HQ 
Spain
Financial institution type
Financial institution type 
Asset management, Bank

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Full finance sector performance data Forest 500 assessment methodology

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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.