Why does investing in sustainable finance matter?
Investing in sustainability is good for the economy, communities and the environment. Banks are transforming to address society’s needs and concerns. Initiatives like the Net Zero Banking Alliance (NZBA), of which Santander is a founder member, are helping banks drive this change and shift their portfolios towards more sustainable products to reach net zero emissions.
The EU and government agencies have reinforced their commitment through policies that are based on fighting climate change and the inclusion of vulnerable groups. Investors concerned with ethics and the environment want their portfolios to include businesses that look out for the planet and all living things. It’s a way for them to drive inclusive, sustainable growth and aid the transition towards a low-carbon economy.
At Santander, our operations, financing and investment keep not only social and environmental risks and rewards in view, but also United Nations’ Sustainable Development Goals to help align the economy with society’s needs.
We offer stakeholders access to our Sustainable finance classification system (SFCS), which tells them if products and services are sustainable, green or socially-conscious.
