Santander bank vows to become carbon neutral in 2020

Eugenia Jiménez
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Santander bank vows to become carbon neutral in 2020

Banco Santander has announced its commitments to become carbon neutral in 2020 by offsetting all the emissions generated by its own operations. The Spanish banking group, which has 200,000 employees worldwide in 10 core market in Europe and the Americas, vows to have cut its emissions by 27% between 2011 and 2018, while electricity fell by 15% in the same period. The company said in a note: "Around 43% of electricity purchased by Santander came from renewable sources in 2018, and the ba...

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Eugenia Jiménez
Author spotlight

Eugenia Jiménez

Eugenia Jiménez speaks Spanish and is Iberia Correspondent for Investment Europe covering Spain & Portugal, as well as Italy.