Company: BCDRF
Filing Date: 2025-03-03
Form Type: 6-K
Source: 0000891478-25-000057
Chunk: 187

Company: Banco Santander, S.A.
Filing Date: 2025-03-03
Form: 6-K
Chunk 187
---
 protection) to create long-term stakeholder value.

In relation to human rights, this policy reflects the Bank's ESG objectives, including the protection of the human rights of employees, customers, suppliers and the community.

• We undertake initiatives to combat discrimination, forced labour, child exploitation and affronts to human dignity, as well as to preserve freedom of association and collective bargaining, the health of our employees and decent employment.

• We protect our customers' human rights through responsible business practices and data protection.

• We enhanced our environmental, social and human rights supplier questionnaires and screening to assess that respect for human rights is maintained throughout our supply chain.

• We are improving human rights questionnaires that include supply chain risks to customers under the ESCC risk management policy.

• We assess the human rights impact of operations falling within the scope of the Equator Principles.

#### Responsible banking model
Sets out the roles and responsibilities of the first, second and third line of defence in all responsible banking-related activity to drive our sustainability agenda, embed ESG standards and achieve our goals.

All regulations (corporate frameworks, models, policies and procedures) help maintain a high level of governance, and the highest standards in terms of their drafting, approval, and in the monitoring of their local transposition.

The approval of the regulations is responsibility of the board of directors or its committees, when the regulated matter falls within their scope of responsibility according to their rules and regulations. Corporate frameworks in all cases must be approved by the board of directors. The regulations approved by the board are as follows:

• Relevant corporate frameworks related to sustainability: Responsible Banking, Risk; Cybersecurity; Compliance and conduct; Financial Crime and compliance; Human resources.

• Relevant policies related to sustainability: Responsible banking and sustainability; Code of conduct; Code of conduct in securities markets; Corporate Defence;

Environmental, social and climate change risk; Tax; Conflict of interest; Defence sector; Anti-money laundering and countering the financing terrorism; Remuneration; Performance management; Group Succession; Culture.

For more details on the Group's key regulatory documents on sustainability, see our corporate website www.santander.com

The chart below shows the responsible banking, sustainability and culture committee ’s approximate time allocation in 2024:

Alignment of the remuneration policy with social risk-related objectives

This section covers the requirement on qualitative information on social risk, specifically, the points on governance, for question (g)

To align the remuneration policy with the institution’s social risk-related objectives, Santander applies the equal rem