2013 Annual Report slide image

2013 Annual Report

CLIMATE GOVERNANCE & ENVIRONMENTAL MANAGEMENT In 2013, the Bank expanded its activities and began to prioritize the promotion of the development of a market for environmental assets operated in Brazil, which Santander see as a key tool in the transition to a low-carbon economy. These activities were concentrated on three fronts. Cerâmica Irmãos Fredi: good social and environmental practices "IT IS CRUCIAL THAT FINANCIAL INSTITUTIONS UNDERSTAND AND ACKNOWLEDGE THE IMPACT OF CLIMATE CHANGE ON THEIR DECISIONS IN RELATION TO INVESTMENT, CREDIT AND INSURANCE PROCESSES." TASSO AZEVEDO Institutional Offsetting: In order to stimulate the market, the Bank began offsetting its environmental impact by purchasing carbon credits from projects with a positive social and environmental performance (including small and medium enterprises). Up to that time, offsetting carbon emissions had been conducted via the Floresta Santander program, geared to voluntary reforestation. Engagement of clients and non-clients: In June, the Bank launched its Reduza e Compense CO2 (Reduce and Offset CO2) program, whose platform enables anyone to calculate their greenhouse gas emissions and to offset the corresponding impacts by purchasing carbon credits. The site enables the user to purchase credits directly from the projects selected by the Bank. Santander activated the program by combining this initiative with its vehicle financing operation, a sector with a major environmental impact, pledging to offset the first thousand kilometers driven by each vehicle financed through the purchase of carbon credits. → Employee engagement: In an attempt to encourage employee engagement, the Bank funded up to one ton of CO2 for all employees offsetting their carbon footprint via the Reduza e Compense CO₂ platform. This set of practices enabled the Bank to include small and medium enterprises and individuals in this environment in an unprecedented manner. In total, Santander purchased or acted as middle person in 104,229 tons of carbon credit in 2013, in addition to using 53,308 tons of CO₂ in institutional offsetting and 63,828 tons of CO2 as part of Reduza e Compense CO2. Direct impact Santander Brazil bases the environmental management of its activities on two complementary models. The requirements of ISO 14001 have been applied to the administrative buildings since 2006. With regard to the branch network, the monitoring and assessment of environmental issues is included in all operational measurements by means of the Operational Quality Assessment System (AQO), which monitors 47 performance indicators, including environmental indicators such as water and power consumption. In order to ensure a positive environmental performance at all its facilities, Santander Brazil bases its activities on acknowledged eco-efficiency practices and guidelines. The business network units adhere to the Engineering Standards Manual developed by the Bank. This document, which sets forth the best practices of Santander Brazil, was created based on the experiences acquired during the construction of the Granja Viana branch, opened in 2007 and the first branch in the country to receive the LEED sustainable construction certification. Branches built or renovated since 2007 have been adapted to the standards of this manual, which addresses the efficient and rational use of water, energy and resources by means of elements such as the catchment of rainwater (capable of reducing consumption by up to 50%); aerators and self-closing taps (to reduce the consumption of water) and white-painted tiles (to reduce heat inside the branch). Three hundred branches have been built in accordance with these standards. Many of these practices have been extended to the administrative buildings. For example, Torre Santander (the Bank's administrative headquarters) is LEED Gold certified, awarded by the US Green Building Council (USGBC), a highly renowned sustainability certification entity in the field of civil construction. Consumption Power G4-EN6 Santander Brazil has set the target of a 20% reduction in power consumption from 2011 to the end of 2015, commensurate with the organic growth of the Bank. The result for 2013 registered a 3% reduction in the administrative buildings and 1% in the business network. Consumption including the Data Center rose by 28% due to the testing and commissioning of the unit. Gains in eco-efficiency in relation to the operations at the head offices and branches are the main tool to achieve this result. One of the highlights in this area in 2013 was the approval of an internal guideline determining the replacement of old light bulbs with ecoefficient (LED) bulbs in all renovation work involving the Bank's branches. These light bulbs ensure a 50% reduction in power consumption compared to fluorescent bulbs. Furthermore, the Bank continued to upgrade its air conditioning equipment (retrofit) and to install automation systems. ENERGY CONSUMPTION (GJ / EMPLOYEE) Branch network Buildings 2011 2012 2013 21.6 20.5 20.0 16.4 15.7 14.0 112 Annual Report 2013 113
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