{"id":5067,"date":"2011-04-05T12:11:40","date_gmt":"2011-04-05T12:11:40","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/banco-santander-tops-bloomberg-markets-magazine-s-greenest-banks-2\/"},"modified":"2011-04-05T12:11:40","modified_gmt":"2011-04-05T12:11:40","slug":"banco-santander-tops-bloomberg-markets-magazine-s-greenest-banks-2","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/banco-santander-tops-bloomberg-markets-magazine-s-greenest-banks-2\/","title":{"rendered":"Banco Santander Tops Bloomberg Markets Magazine\u2019s Greenest Banks"},"content":{"rendered":"
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NEW YORK — Spain<\/a>\u2019s Banco Santander prevails as No. 1 in
\nBloomberg Markets magazine\u2019s inaugural ranking of the world\u2019s
\ngreenest banks in its May 2011 issue. <\/p>\n

Bloomberg Markets is the only magazine for the global financial
\nelite, providing in-depth and authoritative stories on the
\ncompanies and people who move the markets. <\/p>\n

Eight of the top 10 banks are based in Europe, mirroring the
\nEuropean Union\u2019s commitment to curbing emissions through such
\nefforts as the world\u2019s biggest carbon-trading market. <\/p>\n

Santander\u2019s in-house conservation and ecominded investments
\nbrought it to the top, such as arranging a $324 million loan for
\na U.S. wind farm developed by BP Plc and Sempra Energy last
\nyear. According to the bank\u2019s global head of power project and
\nacquisition finance, the bank\u2019s team has closed 40 deals already
\nthis year, 90 percent involving renewable energy. <\/p>\n

Investments in clean-energy companies and projects rose 30
\npercent to a record $243 billion in 2010, according to Bloomberg
\nNew Energy Finance. <\/p>\n

Goldman Sachs Group Inc. was second overall and topped the list
\nfor green investing. New York-based Goldman, along with No. 4
\nbank Credit Suisse Group AG, managed the $3 billion initial
\npublic offering of Enel Green Power SpA, Rome-based operator of
\nwind, geothermal and hydropower plants. Goldman also co-led the
\nIPO of Tesla Motors Inc., the Palo Alto, California, maker of
\nthe $109,000 all-electric Roadster. <\/p>\n

Milan-based UniCredit SpA was No. 3. It arranged $1.4 billion of
\nloans for wind farms, solar plants and waste-to-energy
\ngenerators last year, according to Bloomberg New Energy Finance. <\/p>\n

To rank banks\u2019 environmental records, Bloomberg Markets magazine
\nlooked at their efforts to reduce their own waste and carbon
\nfootprints and their investment activity in clean energy. Banks
\nhad to be members of predominant national benchmark indexes,
\nsuch as Standard & Poor\u2019s 500<\/a>, FTSE 350 and Nikkei 225<\/a>. Banks
\nhad to have capitalizations of more than $10 billion and
\nsufficient information on their environmental activities. <\/p>\n

The ranking is particularly timely in light of the nuclear
\ncrisis in Japan<\/a> and the subsequent scrutiny of renewable energy.
\nCarbon markets will be a major topic at this week\u2019s Bloomberg
\nNew Energy Finance Summit in New York City<\/a>, where key issues
\nfacing the clean energy sector will be identified and addressed,
\nhelping decision-makers recognize opportunities that will enable
\nthem to thrive and succeed. <\/p>\n

Bloomberg Markets magazine serves the global financial elite,
\nproviding insight and perspective on the companies, trends,
\nissues and people that move the world\u2019s markets. Bloomberg
\nMarkets readers are the youngest and most affluent among all
\nfinancial and business publications. Bloomberg Markets has won
\nmore of the top business and investigative journalism awards in
\nthe past 10 years than its competitors combined. <\/p>\n

About Bloomberg <\/p>\n

Bloomberg is the world\u2019s most trusted source of information for
\nfinancial professionals and businesses. Bloomberg combines
\ninnovative technology with unmatched analytics, data, news, and
\ndisplay and distribution capabilities, to deliver critical
\ninformation via the Bloomberg Professional service and
\nmultimedia platforms, including Bloomberg Businessweek and
\nBloomberg Markets magazines. Bloomberg\u2019s media properties span
\ntelevision, radio, digital and print, making up one of the
\nworld\u2019s largest news organizations with more than 2,300 news and
\nmultimedia professionals at 146 bureaus in 72 countries. <\/p>\n

Contact for Bloomberg <\/p>\n

Drew Kerr, +1 212-849-8250, drew@four-corners.com<\/span>\n<\/p>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Eight of Top 10 Banks in <\/p>\n","protected":false},"featured_media":0,"template":"","format":"standard","categories":[17],"press_tag":[],"class_list":["post-5067","press","type-press","status-publish","format-standard","hentry","category-press-announcement"],"yoast_head":"\nBanco Santander Tops Bloomberg Markets Magazine\u2019s Greenest Banks | Press | Bloomberg LP<\/title>\n<meta name=\"description\" content=\"Eight of Top 10 Banks in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bloomberg.com\/company\/press\/banco-santander-tops-bloomberg-markets-magazine-s-greenest-banks-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banco Santander Tops Bloomberg Markets Magazine\u2019s Greenest Banks | Press | Bloomberg LP\" \/>\n<meta property=\"og:description\" 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