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Sek, officially known as Sek Financial Intermediation Services, is a prominent player in the financial intermediation sector, headquartered in Sweden (SE). Established in 1990, Sek has carved a niche in providing comprehensive financial services, excluding insurance and pension funding, primarily focusing on facilitating transactions and optimising financial flows for businesses and individuals.
With a strong operational presence across Scandinavia and the broader European market, Sek offers a range of unique services, including currency risk management and tailored financial solutions. The company is recognised for its innovative approach and commitment to client satisfaction, positioning itself as a trusted partner in the financial landscape. Notable achievements include significant growth in market share and a reputation for excellence in service delivery, making Sek a key player in the financial intermediation industry.
64
DitchCarbon score
+27 vs industry average
Sek’s score of 64 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Sek's reported carbon emissions
SEK's Carbon Emissions and Climate Commitments
SEK, a financial intermediation services provider headquartered in Sweden, is committed to reducing its environmental impact. While Scope 1 emissions are not reported, SEK has provided data for Scope 2 and Scope 3 emissions across various reporting years.
Latest Emissions Data (2025): In 2025, SEK reported approximately 22.0 kg CO2e in Scope 2 emissions (market-based). Scope 1 and Scope 3 emissions for this year are listed as 0.0 kg CO2e.
Historical Emissions Trends:
- 2024: Total emissions were approximately 22.38 billion kg CO2e, with the vast majority stemming from Scope 3 emissions (around 22.38 billion kg CO2e), primarily driven by investments (approximately 22.38 billion kg CO2e). Scope 2 emissions were approximately 24.0 kg CO2e.
- 2023: Total emissions were approximately 13.26 billion kg CO2e, with Scope 3 emissions accounting for nearly all of this (approximately 13.26 billion kg CO2e), largely from investments (approximately 13.26 billion kg CO2e). Scope 2 emissions were approximately 80.0 kg CO2e.
- 2022: Total emissions were approximately 325.0 kg CO2e, comprising 7.0 kg CO2e for Scope 1, 7.0 kg CO2e for Scope 2, and 318.0 kg CO2e for Scope 3.
- 2021: Total emissions were approximately 129.0 kg CO2e, with Scope 1 at 3.0 kg CO2e, Scope 2 at 9.0 kg CO2e, and Scope 3 at 114.0 kg CO2e.
- 2020: Total emissions were approximately 165.0 kg CO2e, including 9.0 kg CO2e for Scope 1, 15.0 kg CO2e for Scope 2, and 156.0 kg CO2e for Scope 3.
- 2019: Total emissions were approximately 381.0 kg CO2e, with Scope 1 at 16.0 kg CO2e, Scope 2 at 16.0 kg CO2e, and Scope 3 at 365.0 kg CO2e.
- 2018: Total emissions were approximately 415.0 kg CO2e, comprising 33.0 kg CO2e for Scope 1, 33.0 kg CO2e for Scope 2, and 366.0 kg CO2e for Scope 3.
- 2017: Total emissions were approximately 416.0 kg CO2e, with Scope 1 at 16.0 kg CO2e, Scope 2 at 25.0 kg CO2e, and Scope 3 at 400.0 kg CO2e.
- 2016: Total emissions were approximately 403.0 kg CO2e, including 15.0 kg CO2e for Scope 1, 25.0 kg CO2e for Scope 2, and 363.0 kg CO2e for Scope 3.
- 2015: Total emissions were approximately 359.0 kg CO2e, with Scope 1 at 15.0 kg CO2e, Scope 2 at 74.0 kg CO2e, and Scope 3 at 270.0 kg CO2e.
- 2014: SEK reported Scope 1 emissions of approximately 767.0 kg CO2e. Scope 2 and 3 data are not available for this year.
- 2013: Total emissions were approximately 658.0 kg CO2e, comprising 25.0 kg CO2e for Scope 1, 46.0 kg CO2e for Scope 2, and 587.0 kg CO2e for Scope 3.
Climate Commitments and Reduction Initiatives: SEK has set ambitious targets for reducing its environmental footprint:
- Net Zero Operations by 2030: SEK aims for its own operations to be net zero by 2030.
- Climate Neutral Operations by 2030: In parallel, SEK is working towards its own operations being climate neutral by 2030.
- Net Zero Balance Sheet by 2045: SEK's long-term vision includes achieving net zero carbon dioxide emissions for its entire balance sheet by 2045.
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Sek’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Sek6 months ago
64
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