Handelsbanken, officially known as Svenska Handelsbanken AB, is a prominent Swedish financial institution headquartered in Stockholm, Sweden. Established in 1871, the bank has a long-standing history of providing comprehensive financial intermediation services, excluding insurance and pension funding. Its core offerings include personal and corporate banking, asset management, and specialised lending, distinguished by a strong emphasis on localised customer service and prudent risk management.
With a significant presence across Sweden and operations in several other European countries, Handelsbanken has built a reputation for stability and customer-centric banking. The bank’s notable achievements include consistent financial performance and a focus on sustainable growth, positioning it as a trusted leader within the financial intermediation sector. Its commitment to personalised service and conservative banking principles set it apart in the competitive financial landscape.
+61 vs industry average
Handelsbanken’s score of 98 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Handelsbanken?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Handelsbanken's reported carbon emissions
Handelsbanken, a financial intermediation services company headquartered in SE, is committed to achieving net-zero greenhouse gas emissions by 2040. This ambitious target encompasses its own operations, such as energy consumption and business travel, as well as its lending, leasing, and investment activities.
In terms of direct emissions, Handelsbanken reported:
- 2025: Approximately 128,000 kg CO2e for Scope 1 and approximately 1,829,000 kg CO2e for Scope 2 (market-based).
- 2024: Approximately 143,000 kg CO2e for Scope 1 and approximately 2,205,000 kg CO2e for Scope 2 (market-based).
- 2023: Approximately 154,000 kg CO2e for Scope 1 and approximately 2,295,000 kg CO2e for Scope 2 (market-based).
- 2022: Approximately 299,000 kg CO2e for Scope 1 and approximately 2,616,000 kg CO2e for Scope 2 (market-based).
Scope 3 emissions, which represent a significant portion of the bank's environmental impact, include:
- 2025: Approximately 1,927,000 kg CO2e for business travel and approximately 2,127,000 kg CO2e for purchased goods and services.
- 2024: Approximately 2,489,000 kg CO2e for business travel and approximately 2,714,000 kg CO2e for purchased goods and services.
- 2023: Approximately 3,024,000 kg CO2e for business travel and approximately 3,149,000 kg CO2e for purchased goods and services.
- 2022: A total of approximately 6,389,000 kg CO2e, with specific data for purchased goods and services being missing.
Handelsbanken is actively involved in initiatives driving climate action, including joining the Exponential Roadmap Initiative, which aims to halve emissions by 2030. The bank also has a net-zero commitment aligned with the Science Based Targets initiative (SBTi) by 2050.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Handelsbanken’s Climate Goals (2030 & 2050)
1 goal2030
50% reduction in all scopes
Handelsbanken is the first bank to join the Exponential Roadmap Initiative, which drives exponential transformation to halve emissions by 20…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 1 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisationsFrequently asked questions
Common questions about Handelsbanken’s sustainability data and climate commitments
Data year: 2024
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project