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...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
13 November 2025

Keynote: EKN’s new head, Nordlander, on continuity, change...

Åke Nordlander, director general at EKN discusses strategy in his new role, the increased prominence of defence, which now forms the largest part of the Swedish ECA’s cover....

Interview
21 November 2025

EDC’s Winterhalt on the kick to intensify diversification,...

Todd Winterhalt, senior vice-president of international markets at Export Development Canada (EDC), discusses EDC’s role in Canada’s market diversification at Berne Union’s...