Skandiabanken Aktiebolag (publ) Sustainability Profile
Skandiabanken Aktiebolag (publ), commonly referred to as Skandiabanken, is a prominent financial institution headquartered in Sweden (SE). Established in 1994, the bank has carved a niche in the competitive banking sector, primarily focusing on retail banking and asset management services. With a strong presence in the Nordic region, Skandiabanken offers a range of core products, including savings accounts, loans, and investment solutions, distinguished by their user-friendly digital platforms and customer-centric approach. Over the years, Skandiabanken has achieved significant milestones, including the integration of innovative technology to enhance customer experience. As a subsidiary of the Skandia Group, the bank is well-positioned in the market, recognised for its commitment to sustainability and responsible banking practices. With a reputation for reliability and transparency, Skandiabanken continues to be a trusted choice for individuals seeking comprehensive financial services in Sweden and beyond.
DitchCarbon Score
How does Skandiabanken Aktiebolag (publ)'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
Skandiabanken Aktiebolag (publ)'s score of 26 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Skandiabanken Aktiebolag (publ)'s reported carbon emissions
Skandiabanken Aktiebolag (publ), headquartered in Sweden (SE), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the bank. As a current subsidiary, Skandiabanken's climate commitments and emissions data may be influenced by its parent organization, but no specific details or initiatives have been provided. The lack of reported emissions and reduction initiatives suggests that Skandiabanken may still be in the early stages of developing a comprehensive climate strategy or may rely on broader corporate family commitments that are not explicitly detailed. In the context of the financial services industry, it is increasingly important for institutions like Skandiabanken to establish clear climate commitments and emissions reduction targets to align with global sustainability goals.
How Carbon Intensive is Skandiabanken Aktiebolag (publ)'s Industry?
How Carbon Intensive is Skandiabanken Aktiebolag (publ)'s Location?
Skandiabanken Aktiebolag (publ)'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.
Skandiabanken Aktiebolag (publ) 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.
