Skandinaviska Enskilda Banken AB (publ)

Skandinaviska Enskilda Banken AB (publ) reported its latest emissions data for 2025. In 2025, the company's Scope 1 emissions were approximately 658,000 kg CO2e, and Scope 2 (market-based) emissions were about 3,245,000 kg CO2e. For Scope 3, significant contributors included business travel at approximately 7,004,000 kg CO2e, fuel and energy-related activities at around 2,548,000 kg CO2e, and purchased goods and services at about 569,000 kg CO2e.

Looking back, in 2023, Skandinaviska Enskilda Banken AB (publ) reported total emissions of approximately 13,251,000 kg CO2e. This included around 796,000 kg CO2e for Scope 1, 777,000 kg CO2e for Scope 2, and 11,678,000 kg CO2e for Scope 3. Key Scope 3 categories in 2023 were business travel at about 8,904,000 kg CO2e and upstream leased assets at approximately 1,456,000 kg CO2e.

Skandinaviska Enskilda Banken AB (publ) has set ambitious climate commitments. The company aims for net-zero emissions by 2050 at the latest. This long-term ambition is supported by interim targets, including a 75% reduction in absolute Scope 1 and Scope 2 CO2 emissions by 2030, compared to a 2008 baseline. Furthermore, SEB Investment Management, a part of Skandinaviska Enskilda Banken AB (publ), has joined the Net Zero Asset Managers initiative, committing to net-zero greenhouse gas emissions by 2040 and aligning all investments with the Paris Agreement.

The company also has specific intensity reduction targets for certain sectors. For power generation, there is a target to reduce emission intensity by 43% by 2030, compared to a 2020 baseline. In car manufacturing, an emission intensity reduction of 60% is targeted by 2030 against a 2020 baseline. Earlier targets included a 20% reduction in total carbon emissions (all scopes) between 2016 and 2020.