Skandinaviska Enskilda Banken AB (publ)
Skandinaviska Enskilda Banken AB (publ), commonly known as SEB, is a prominent financial institution headquartered in Stockholm, Sweden. Established in 1856, SEB has evolved into a leading player in the Nordic banking sector, with a strong presence across Sweden, Denmark, Norway, Finland, and the Baltic countries. The bank operates primarily in the financial services industry, offering a diverse range of products including corporate banking, investment management, and retail banking. SEB is recognised for its innovative solutions tailored to meet the needs of both individual and corporate clients. With a commitment to sustainability and digital transformation, SEB has achieved notable milestones, positioning itself as a trusted partner in the financial landscape. Its dedication to customer service and robust financial performance underscores its status as a key player in the Nordic market.
DitchCarbon Score
How does Skandinaviska Enskilda Banken AB (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
Skandinaviska Enskilda Banken AB (publ)'s score of 31 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Skandinaviska Enskilda Banken AB (publ)'s reported carbon emissions
In 2021, Skandinaviska Enskilda Banken AB (publ) reported total carbon emissions of approximately 6,536,000 kg CO2e, with emissions distributed across various scopes: 1,000 kg CO2e from Scope 1, 2,852,000 kg CO2e from Scope 2, and 6,536,000 kg CO2e from Scope 3. Notably, the bank's Scope 3 emissions included significant contributions from business travel (1,050,000 kg CO2e) and purchased goods and services (4,234,000 kg CO2e). The bank has demonstrated a commitment to reducing its carbon footprint, achieving a reduction in Scope 1 emissions from 4,000 kg CO2e in 2019 to 1,000 kg CO2e in 2021. Similarly, Scope 2 emissions decreased from 1,807,000 kg CO2e in 2019 to 2,852,000 kg CO2e in 2021, while Scope 3 emissions saw a reduction from 19,963,000 kg CO2e in 2019 to 6,536,000 kg CO2e in 2021. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by the bank. Skandinaviska Enskilda Banken AB continues to navigate the complexities of carbon emissions management within the financial sector, aligning with industry standards for climate action.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 4,000 | 0,000 | 0,000 |
| Scope 2 | 1,807,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 19,963,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions 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.
Skandinaviska Enskilda Banken AB (publ) 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.
