Handelsbanken
Handelsbanken, officially known as Svenska Handelsbanken AB, is a prominent Swedish bank headquartered in Stockholm, Sweden (SE). Established in 1871, the bank has grown to become a key player in the financial services industry, with a strong presence across Scandinavia, the UK, and the Netherlands. Specialising in retail and corporate banking, Handelsbanken is renowned for its customer-centric approach, offering a range of services including personal banking, mortgages, and investment solutions. The bank's unique decentralised model empowers local branches to make decisions, fostering strong relationships with clients. With a commitment to stability and sustainability, Handelsbanken has consistently ranked highly in customer satisfaction surveys and maintains a robust market position, reflecting its dedication to long-term financial health and community engagement.
DitchCarbon Score
How does Handelsbanken's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Handelsbanken's score of 55 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Handelsbanken's reported carbon emissions
In 2023, Handelsbanken reported total carbon emissions of approximately 153,180,160 kg CO2e globally, with emissions distributed across various scopes: 11,653,280 kg CO2e (Scope 1), 3,895,400 kg CO2e (Scope 2), and 137,629,320 kg CO2e (Scope 3). The bank has committed to achieving net-zero emissions by 2050, aligning with the Science Based Targets initiative (SBTi). For near-term targets, Handelsbanken aims to reduce its absolute Scope 1 and 2 emissions by 42% by 2030 from a 2022 baseline, while also targeting a 25% reduction in Scope 3 emissions within the same timeframe. This commitment reflects the bank's proactive approach to addressing climate change and its impact on the financial sector. Handelsbanken's emissions data highlights its ongoing efforts to monitor and manage its carbon footprint, demonstrating a commitment to sustainability and responsible banking practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 47,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 12,306,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,787,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Handelsbanken is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
