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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.
+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.
Financial Intermediation is among the least carbon-intensive industries
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Scope 3 accounts for ••• of total emissions.
SEK, a financial intermediation services company based in Sweden, reported total emissions of approximately 11 billion kg CO2e in 2025. This included 22,000 kg CO2e from Scope 2 emissions (market-based: 19,000 kg CO2e) and significant Scope 3 emissions, primarily from investments (54,566,849,000 kg CO2e) and business travel (246,000 kg CO2e).
In 2024, SEK's total emissions were approximately 22.38 billion kg CO2e, with Scope 2 emissions at 24,000 kg CO2e (market-based: 19,000 kg CO2e) and Scope 3 emissions at approximately 22.38 billion kg CO2e, mainly due to investments (22,377,596,000 kg CO2e). For 2023, total emissions were around 13.26 billion kg CO2e, comprising 80,000 kg CO2e in Scope 2 emissions (market-based: 9,000 kg CO2e) and Scope 3 emissions of approximately 13.26 billion kg CO2e, predominantly from investments (13,262,414,000 kg CO2e).
Looking back, SEK reported total emissions of 325,000 kg CO2e in 2022, with Scope 1 emissions at 7,000 kg CO2e, Scope 2 at 7,000 kg CO2e, and Scope 3 at 318,000 kg CO2e. In 2021, total emissions were 129,000 kg CO2e, consisting of 3,000 kg CO2e in Scope 1, 9,000 kg CO2e in Scope 2, and 114,000 kg CO2e in Scope 3.
SEK has set ambitious climate commitments, aiming for its own operations to be climate neutral and net zero by 2030. Furthermore, the company targets net zero carbon dioxide emissions for its balance sheet by 2045.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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