Sbab, officially known as SBAB Bank AB, is a prominent player in the Swedish financial services industry, headquartered in Stockholm, Sweden. Founded in 1985, the bank has established itself as a leading provider of mortgage loans and savings accounts, catering primarily to the Swedish market. With a focus on digital banking solutions, Sbab offers unique products such as competitive mortgage rates and user-friendly online platforms, setting it apart from traditional banks. The company has achieved significant milestones, including a strong market position as one of Sweden's top mortgage lenders, recognised for its customer-centric approach and innovative services. Sbab continues to evolve within the financial sector, maintaining a commitment to transparency and sustainability, which resonates well with modern consumers seeking reliable banking options.
How does Sbab'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.
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.
Sbab's score of 39 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SBAB reported total carbon emissions of approximately 59,494,000 kg CO2e, with Scope 2 emissions accounting for about 30,300 kg CO2e and Scope 3 emissions contributing approximately 59,463,700 kg CO2e. Notably, the Scope 3 emissions primarily stem from business travel, which amounted to about 95,500 kg CO2e. Over the years, SBAB has shown fluctuations in its emissions, with a peak in 2019 at approximately 533,700 kg CO2e, driven largely by Scope 3 emissions of about 481,800 kg CO2e. The organisation has committed to near-term climate targets, although specific reduction targets have not been disclosed. As of 2023, SBAB has not committed to a net-zero target. SBAB operates within the financial sector in Sweden and is actively engaged in addressing its carbon footprint, particularly through its focus on Scope 3 emissions related to business travel. The bank's ongoing efforts reflect a growing recognition of the importance of climate commitments in the financial industry.
Access structured emissions data, company-specific emission factors, and source documents
2009 | 2010 | 2011 | 2012 | 2013 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | - | - | 00,000 | 00,000 | 00,000 | - | - | - | 0,000 | - | - | - |
Scope 2 | - | - | 000,000 | 000,000 | 000,000 | - | - | 00,000 | 00,000 | 00,000 | 00,000 | 00,000 |
Scope 3 | 98,100 | 000,000 | 00,000 | 00,000 | 00,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000,000 | 00,000,000 |
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.
Sbab is not participating in any of the initiatives that 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.