Handelsbanken
Handelsbanken, officially known as Svenska Handelsbanken AB, is a prominent Swedish bank headquartered in Stockholm, Sweden. Established in 1871, the bank has grown to become a key player in the financial services industry, with a strong presence across Scandinavia and the UK. Specialising in retail banking, Handelsbanken offers a range of core products and services, including personal and business banking, mortgages, and investment solutions. What sets Handelsbanken apart is its decentralised approach, empowering local branches to make decisions tailored to their communities. With a reputation for stability and customer satisfaction, Handelsbanken has consistently ranked highly in various customer service surveys, solidifying its position as a trusted financial partner. The bank's commitment to long-term relationships and sustainable banking practices further enhances its appeal in the competitive financial landscape.
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 45 is higher than 94% 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, with emissions distributed across various scopes: 11,653,280 kg CO2e (Scope 1), 3,895,400 kg CO2e (Scope 2), and a significant 137,629,320 kg CO2e (Scope 3). This marked an increase from their 2022 emissions of about 140,707,840 kg CO2e. The bank has committed to achieving net-zero emissions by 2050, with targets set across all scopes. These commitments were formalised in 2021, and Handelsbanken is actively working towards these long-term goals. The bank's emissions reduction strategy aligns with the Science Based Targets initiative (SBTi), which underscores its commitment to climate action. Handelsbanken's emissions data reflects its operational footprint, with a notable emphasis on Scope 3 emissions, which typically encompass indirect emissions from the value chain. The bank's ongoing efforts to monitor and reduce its carbon footprint are crucial in the context of the financial sector's increasing focus on sustainability and climate resilience.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 47,000 | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 | 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 |
| Scope 3 | 4,787,000 | 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.
