Our partners offer valuable expertise and resources to improve the way we address key environmental and social issues. These are selected to help us deliver on our sustainability strategy.
Macmillan Cancer Support
A cancer diagnosis can be a huge financial burden and the increasing costs of living are adding additional concern to the lives of people living with and those affected by cancer. Research from Macmillan highlights that 83% of people with cancer in the UK experience some kind of financial impact from their diagnosis, and for those affected, this reaches an average of £891 a month, on top of their usual expenditure.
Throughout our strategic partnership, Macmillan will guide and advise Santander to help us to offer the best banking experience and financial support people affected by cancer need.
Mike Regnier, CEO of Santander UK, said: “At Santander we’re committed to helping our customers at the moments that matter. Working alongside charity partners has brought vital outside perspectives to how we think and operate so we’re delighted to be working with Macmillan over the next three years to help transform financial support for people affected by cancer and make money one less worry.”
Over the next three years, through a variety of customer and colleague fundraisers, Santander are hoping to raise over £1million. This will support Macmillan to continue doing whatever it takes for people living with cancer.
National Parks UK
Santander is a Founding Partner of the 'Net Zero With Nature' initiative, which defines the role that the National Parks will play in the UK's fight against climate change and the biodiversity crisis. Santander will fund a new project involving the restoration of 220 hectares of damaged peatland in the Cairngorms National Park in Scotland. This restoration site has the potential to avoid more than 16,000 tonnes of CO2 emissions over its first 5 years and will help to establish nature-based solutions in the UK at scale.
The National Parks contain almost a quarter (24%) of the UK’s peatland, offering a significant opportunity for emissions mitigation: ecologists estimate that restoring degraded peat could mitigate nearly 5% of the UK’s entire annual emissions. However, the UK’s peatlands are mostly degraded with just one fifth remaining in a near-natural state. This can increase the risk of flooding and result in rising emissions as carbon that would have been safely stored underground is released. Restoring damaged peatland reduces emissions and leads to improved biodiversity and reduced flood risk.
Restoring peatland will also play a significant role in meeting the UK’s net zero target. In December 2020, the statutory Climate Change Committee set a target of restoring 79% of the UK’s peatlands by 2050. Peatland restoration is also a key component of the Scottish Government Climate Change Plan to meet net zero by 2045.
Since 2019, our Numbers Game programme has helped over 1.5 million children and young adults become more confident with numbers and money.
Working with experts who told us to tackle the issue of financial education from the source, we’ve created hundreds of learning packs with our partner Twinkl, the world’s biggest online education hub, which have been approved by the Government’s Money and Pension Service.
To breakdown learning barriers, our ambassadors Ant and Dec are woven into the packs to create engaging and fun content. They’re free, curriculum friendly and can be downloaded here: Santander and Twinkl - Financial Education Resources. Our aim is to highlight the importance of a solid grounding in financial education for children and young adults, ultimately democratising financial education for all. Through our partnership, we want to make sure that children and young adults have a good financial education, it’s part of our commitment to be a responsible and sustainable bank. Our aim is to become a global financial education leader by 2025 and help make financial education compulsory in UK schools.
Learn more with Twinkl’s blog ‘Teaching Financial Education with Santander’.
From 2019 – 2021, we worked closely with Alzheimer's Society to ensure we could protect vulnerable customers from financial exclusion and loss of independence. We delivered training and awareness sessions for our employees to improve their knowledge and ability to support people affected by dementia.
Over 50% of our colleagues have become Dementia Friends in 2020. Together with Alzheimer’s Society, we’ve also created a steering group — made up of people living with or affected by dementia — to advise us on how to be a dementia-friendly bank, including reviewing our products, services, and digital access.
Additionally, over £2.1 million was fundraised to help fund much needed services for Alzheimer’s Society.
We know that there's a lot of information out there and sometimes it's hard to know where to look for support. To help out both our customers and colleagues, we developed with Alzheimer's Society a practical Dementia Guide outlining the support available for people affected by dementia.
Since 2016, we’ve worked together with Age UK to increase the financial independence of older people.
We’ve developed multiple initiatives such as awareness sessions to help prevent frauds and scams, delivered in local Age UK centres, as well as a programme to help older people learn and develop digital skills to make their lives easier and enable them to do more online.
Promoting digital inclusion is a core objective of Santander’s sustainability strategy. Customers and members of our community who are not online may be at a disadvantage by not being able to carry out daily activities through digital channels.
Therefore, together with Age UK, we aim to dismantle the barriers they may face and support them to build the digital skills they need to maintain their financial independence for longer.