Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 196

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 196
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1% or more of their revenue derive from exploration, mining, extraction, distribution or refining of hard coal and lignite.

• 10% or more of their revenue derive from the exploration, extraction, distribution or refining of oil fuels.

• 50% or more of their revenue derive from the exploration, extraction, manufacturing or distribution of gaseous fuels.

• At least 50% of its revenue comes from electricity generation with a greenhouse gas emission intensity of more than 100g CO2 equivalent/kWh.

In order to apply these criteria to our portfolio, we have used information from external providers regarding revenues of the companies by sector of activity obtained, when available.

The resulting list has been complemented with those companies not included in the information provided by external providers but included in sectors with climate targets by the Group.

The implementation of field 'of which environmentally sustainable' (CCM) has been done consistently with the aligned exposures subject to CSRD reported in the GAR template that contribute to the climate change mitigation objective.

Regarding the publication of financed emissions, the calculation is based on the PCAF standard:

• Using the actual emissions of the counterparties when available, which are obtained from Carbon Disclosure Project (CDP) database.

• Supplementing the rest of the portfolio with the latest available average emission factors from PCAF database.

Different methodologies have been used depending on the type of asset (loans to companies, real estate, and motor vehicle loans).

Larger volumes of emissions of the non financial corporations portfolio have been identified in the manufacturing and mining sectors.

2024 Pillar 3 Disclosures Report 263

| Index |     | Introduction |     | Capital |     | Risks |     | Risk taker's remunerations |     | Appendices |

| Table 95.ESG 1 - Banking book- Climate Change transition risk: Credit quality of exposures by sector, emissions and residual maturity |     |                                                                                                                                        |     |   |     |         |                                                                                                                                                                                                                   |     |        |                                            |     |       |                            |     |        |                                   |     |       |
|                                                                                                                                       |     | Sector/subsector                                                                                                                       |     | a |     |         | b                                                                                                                                                                                                                 |     |        | c                                          |     |       | d                          |     |        | e                                 |     |       |
|                                                                                                                                       |     |                                                                                                                                        |     |   |     |         | Gross carrying amount (Mn EUR)                                                                                                                                                                                    |     |        |                                            |     |       |