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.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sek's reported carbon emissions
SEK, headquartered in SE and operating within financial intermediation services (excluding insurance and pension funding), has outlined ambitious climate commitments.
For the reporting year 2025, SEK reported total emissions of approximately 11.0 billion kg CO2e. This figure is composed of Scope 2 emissions amounting to about 22,000 kg CO2e (market-based) and Scope 3 emissions totalling approximately 11.0 billion kg CO2e, predominantly driven by investments.
In 2024, SEK's total emissions were approximately 22.4 billion kg CO2e. Scope 2 emissions were around 24,000 kg CO2e (market-based), and Scope 3 emissions accounted for roughly 22.4 billion kg CO2e, with investments being the most significant contributor.
Looking at 2023, SEK reported total emissions of approximately 13.3 billion kg CO2e. Scope 2 emissions were about 80,000 kg CO2e (market-based), and Scope 3 emissions were approximately 13.3 billion kg CO2e, heavily influenced by investments.
SEK has set a clear target for its own operations to be net zero by 2030 and climate neutral by the same year. Furthermore, SEK aims for its balance sheet to reach net zero carbon dioxide emissions by 2045, focusing on Scope 3 downstream emissions.
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Sek’s Climate Goals (2030 & 2050)
3 goals2030
SEK's own operations shall be net zero by 2030
SEK's own operations shall be net zero by 2030.
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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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Emissions comparison with industry peers
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Sek
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