Seb
Seb, officially known as SEB Group, is a prominent player in the global appliance industry, headquartered in Sweden. Founded in 1856, the company has established itself as a leader in the design and manufacturing of small domestic appliances, with a strong presence across Europe and beyond. SEB Group is renowned for its innovative kitchen and home appliances, including brands like Tefal, Moulinex, and Rowenta. These products are distinguished by their commitment to quality, functionality, and sustainability, catering to the evolving needs of consumers. With a rich history marked by significant milestones, SEB has consistently maintained a strong market position, recognised for its dedication to innovation and customer satisfaction. The company continues to shape the future of home cooking and care, making everyday life easier and more enjoyable for millions worldwide.
DitchCarbon Score
How does Seb'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 Insurance Services 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
Seb's score of 68 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Seb's reported carbon emissions
In 2024, SEB reported total carbon emissions of approximately 13,000,000 kg CO2e, with emissions distributed across various scopes: 695,000 kg CO2e (Scope 1), 3,139,000 kg CO2e (Scope 2, market-based), and 7,909,000 kg CO2e (Scope 3). The previous year, 2023, saw total emissions of about 13,251,000 kg CO2e, indicating a slight decrease in overall emissions. SEB has set ambitious climate commitments, aiming for net zero greenhouse gas emissions by 2040, as part of the Net Zero Asset Managers initiative. Additionally, the bank has established a long-term goal to reduce absolute CO2 emissions to near zero by 2045, with interim targets of 66% reduction by 2025 and 75% by 2030, both compared to a 2008 baseline. Specific reduction targets include a 43% reduction in power generation emission intensity by 2030 and a 60% reduction in car manufacturing emission intensity, also by 2030. These initiatives reflect SEB's commitment to aligning its operations with the Paris Agreement and addressing its carbon footprint comprehensively across all scopes.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,000 | 0,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,807,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 3 | 19,963,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 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.
Seb 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.
