Sbab
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.
DitchCarbon Score
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.
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
Sbab's score of 39 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sbab's reported carbon emissions
In 2023, SBAB reported total carbon emissions of approximately 59,494,000 kg CO2e, with significant contributions from Scope 2 emissions (30,300 kg CO2e) and Scope 3 emissions (about 59,463,700 kg CO2e), primarily from business travel (95,500 kg CO2e). This marks a notable increase from previous years, including 2022, where total emissions were around 58,313,000 kg CO2e. SBAB has committed to near-term climate targets, although specific reduction targets have not been disclosed. The organisation is actively engaged in climate initiatives but has not yet committed to a net-zero target. Their emissions reporting includes Scope 1, 2, and 3, reflecting a comprehensive approach to understanding their carbon footprint. As a financial institution based in Sweden, SBAB operates within the banking and insurance sector, which is increasingly focusing on sustainability and carbon reduction strategies. The absence of specific reduction targets indicates a need for further commitment to climate action in line with industry standards.
Unlock detailed emissions data
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 |
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.
Sbab 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.
