Sek Sustainability Profile
Sek, officially known as Sek AB, is a prominent player in the construction and building materials industry, headquartered in Sweden (SE). Founded in 1951, the company has established itself as a leader in providing innovative solutions for insulation and energy efficiency, catering primarily to the Nordic region and expanding its reach across Europe. Sek's core offerings include high-performance insulation products and systems designed to enhance energy efficiency in residential and commercial buildings. What sets Sek apart is its commitment to sustainability and quality, ensuring that its products not only meet but exceed industry standards. With a strong market position, Sek has achieved notable milestones, including numerous awards for innovation and sustainability. The company continues to drive advancements in building technology, making it a trusted partner for architects, builders, and contractors alike.
DitchCarbon Score
How does Sek'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
Sek's score of 30 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sek's reported carbon emissions
In 2024, SEK reported total carbon emissions of approximately 695,000 kg CO2e, comprising 19,000 kg CO2e from Scope 2 and 676,000 kg CO2e from Scope 3 emissions. This marks an increase from 2023, where total emissions were approximately 492,000 kg CO2e, with Scope 2 emissions at 9,000 kg CO2e and Scope 3 emissions at 483,000 kg CO2e. Over the past few years, SEK has shown a trend of increasing emissions, with 2022 totals at approximately 325,000 kg CO2e, including 7,000 kg CO2e from Scope 2 and 318,000 kg CO2e from Scope 3. SEK has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions data is not cascaded from a parent organization, and SEK operates independently in its reporting. The company continues to monitor its emissions, focusing on transparency in its sustainability reporting.
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Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 767,000 | 000,000 | - | 00,000 | 00,000 | 00,000 | - | - | - | - | - |
| Scope 2 | - | - | 00,000 | 00,000 | 00,000 | 00,000 | 0,000 | 00,000 | 0,000 | 0,000 | 00,000 |
| Scope 3 | - | - | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
How Carbon Intensive is Sek's Industry?
How Carbon Intensive is Sek's Location?
Sek's Scope 3 Categories Breakdown
Sek's Scope 3 emissions, which increased by 40% last year and increased by approximately 86% since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Investments" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Sek's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sek has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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