Svenska Bankföreningen, commonly known as the Swedish Bankers' Association, is a prominent organisation headquartered in Sweden (SE). Established in 1905, it serves as a vital representative body for the banking and financial services industry in the country, advocating for the interests of its members across various operational regions. The association plays a crucial role in shaping policies and regulations that impact the banking sector, focusing on areas such as financial stability, consumer protection, and digitalisation. With a commitment to fostering innovation and sustainability, Svenska Bankföreningen supports its members in navigating the evolving financial landscape. Recognised for its influential position within the industry, the association has achieved significant milestones, including the promotion of responsible banking practices and the enhancement of financial literacy among consumers. Its core services include policy advocacy, research, and member support, making it a unique and essential entity in Sweden's financial ecosystem.
How does Svenska Bankföreningen'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.
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.
Svenska Bankföreningen's score of 10 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Svenska Bankföreningen reported significant carbon emissions totalling approximately 60,000,000 kg CO2e across various scopes. The breakdown of emissions is as follows: Scope 1 emissions amounted to about 5,687,000 kg CO2e, while Scope 2 emissions were approximately 8,872,000 kg CO2e. The most substantial contribution came from Scope 3 emissions, which totalled around 53,571,000 kg CO2e, with notable figures from purchased goods and services at about 843,613,000 kg CO2e and investments at approximately 124,098,000 kg CO2e. Despite the high emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from Svenska Bankföreningen. This indicates a potential area for improvement in their climate commitments, especially in the context of increasing industry standards for sustainability and carbon reduction. The bank's emissions data highlights the importance of addressing both direct and indirect emissions to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | |
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Scope 1 | 5,687,000 |
Scope 2 | 8,872,000 |
Scope 3 | 53,571,000 |
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.
Svenska Bankföreningen 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.