Company: BCDRF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0000891478-25-000054
Chunk: 157

Company: Banco Santander, S.A.
Filing Date: 2025-02-28
Form: 20-F
Chunk 157
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 1. Introduction, basis of presentation of the Sustainability statement and other information

a) Introduction

This report is the 'Consolidated non-financial information statement and sustainability information' of Banco Santander, S.A. and its subsidiaries”. It provides detailed information in accordance with Directive (EU) 2022/2464 on corporate information on sustainability and Commission Delegated Regulation (EU) 2023/2772. It also includes the information necessary to comply in accordance with Art.49, sections 5, 6, 7, 8 and 9 of the Spanish Commercial Code as amended by Act 11/2018, which transposes into Spanish law Directive 2014/95/EU of the European Parliament and of the Council of 22 October 2014 amending Directive

2013/34/EU as regards disclosure of non-financial and diversity information. The Sustainability statement forms part of the consolidated directors’ report of Santander Group and the board of directors approved it on 25 February 2024.

b) Scope of information

The scope of this document covers the core activities of the Group and its subsidiaries from 1 January to 31 December 2024 and is prepared following the same consolidated basis (principles, accounting policies and criteria) as the financial statements and with the criteria differences set out in this table:

| Topics                                                               |     | Scope of information                                                                                                                                                                                                                                                                                                                                                               |
| Climate, our transition plan (Environmental information)             |     |                                                                                                                                                                                                                                                                                                                                                                                    |
| Supporting our customers in the green transition                     |     |                                                                                                                                                                                                                                                                                                                                                                                    |
| Green finance                                                        |     | Corporate & Investment Banking.                                                                                                                                                                                                                                                                                                                                                    |
| Financing of electric vehicles                                       |     | Digital Consumer Bank  auto loan portfolio.                                                                                                                                                                                                                                                                                                                                        |
| Purchase of cards made of sustainable materials                      |     | Main companies of the Group in: Argentina, Brazil, Chile, México, Poland, Portugal, Spain, United Kingdom and Uruguay.                                                                                                                                                                                                                                                             |
| Embedding ESG in risk management                                     |     |                                                                                                                                                                                                                                                                                                                                                                                    |
| Portfolio exposure to climatic sectors                               |     | Full Group scope                                                                                                                                                                                                                                                                                                                                                                   |
| Equator Principles                                                   |     | Corporate & Investment Banking.                                                                                                                                                                                                                                                                                                                                                    |
| Aiming to align our activity with the Paris Agreement Goals          |     |                                                                                                                                                                                                                                                                                                                                                                                    |
| Climate alignment                                                    |     | Corporate & Investment Banking for thermal coal, power generation, oil & gas, aviation, steel and auto manufacturing portfolios. Digital Consumer