Public Profile

Sek

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.

38

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.

26

Industry Benchmark

Sek's score of 38 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Sek's reported carbon emissions

In 2023, SEK reported total carbon emissions of approximately 492,000 kg CO2e, with Scope 2 emissions at about 9,000 kg CO2e and Scope 3 emissions reaching approximately 483,000 kg CO2e. The following year, 2024, emissions increased to about 695,000 kg CO2e, with Scope 2 emissions rising to approximately 19,000 kg CO2e and Scope 3 emissions escalating to around 676,000 kg CO2e. Over the years, SEK's emissions have shown fluctuations. In 2016, the company emitted about 388,000 kg CO2e, with Scope 2 emissions at 25,000 kg CO2e and Scope 3 emissions at 363,000 kg CO2e. By 2019, total emissions were approximately 381,000 kg CO2e, with Scope 1 and 2 emissions at 16,000 kg CO2e each, while Scope 3 emissions remained significant at about 365,000 kg CO2e. Despite these figures, SEK has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the organisation. As SEK continues to navigate its environmental impact, the focus on transparency and accountability in emissions reporting will be crucial for aligning with industry standards and addressing climate change effectively.

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201620172018201920202021202220232024
Scope 1
-
00,000
00,000
00,000
-
-
-
-
-
Scope 2
25,000
00,000
00,000
00,000
0,000
00,000
0,000
0,000
00,000
Scope 3
363,000
000,000
000,000
000,000
000,000
000,000
000,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sek's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Sek is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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.

Sek is not committed to any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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