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


Report
25 November 2025

Tides turn on SLLs in commodity finance

The 2025 edition of TXF’s annual Commodity Finance Research Report is now available. It reflects the views of a market that has been bruised by disruptions to trade: cautious,...

Perspective
27 November 2025

TXF Dealmakers 2025: Top takeaways

The main themes - including decarbonisation and political volatility - have been echoed in TXF’s earlier events. But the sense of urgency about transformations to economies...