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.

36

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.

27

Industry Benchmark

Sek's score of 36 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

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Sek's reported carbon emissions

In 2024, Sek reported total carbon emissions of approximately 695,000 kg CO2e, with Scope 2 emissions accounting for about 19,000 kg CO2e and Scope 3 emissions comprising approximately 676,000 kg CO2e. This marks an increase from 2023, where total emissions were about 492,000 kg CO2e, with Scope 2 at 9,000 kg CO2e and Scope 3 at 483,000 kg CO2e. Over the past few years, Sek has demonstrated a significant increase in emissions, rising from about 325,000 kg CO2e in 2022 and 129,000 kg CO2e in 2021. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for improvement in their climate commitments. Overall, Sek's emissions profile highlights a reliance on Scope 3 emissions, which are primarily driven by investments, suggesting that their climate strategy may need to focus on reducing these indirect emissions to align with industry standards for sustainability.

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2015201620172018201920202021202220232024
Scope 1
15,000
-
00,000
00,000
00,000
-
-
-
-
-
Scope 2
74,000
00,000
00,000
00,000
00,000
0,000
00,000
0,000
0,000
00,000
Scope 3
270,000
000,000
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. This request for Sek is in SE, which has a very low grid carbon intensity relative to other regions.

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 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.

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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers