News
24 February 2021

Santander vows to cease financing for thermal coal mining

In:
Metals and Mining, Power
Region:
Europe

Spanish lender Santander has vowed to achieve net zero carbon emissions across the group by 2050.By 2030, Santander says it will have stopped providing financial services to power generation clients with more than 10% of revenues dependent on thermal coal. The bank will eliminate all exposure to...

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