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Santander Finances Climate Crisis
Summary by Stand.earth
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Madrid.- More than 20 civil society organizations have mobilized around the world to denounce the increase in the financing of Banco Santander to fossil fuels and the weakening of its climate commitments. As Ecologistas en Acción reported in a statement, the organizations have sent a letter to the 80 main shareholders on the eve of the General Shareholders Meeting, which is being held on Friday.
A simultaneous campaign in several countries denounces that the entity that presides Ana Botín has increased its financing to the oil, gas and coal sector to 48,276 million dollars between 2021 and 2024.Main topics: Banco SantanderRead full article
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