Swedbank Hypotek AB, a prominent subsidiary of Swedbank Group, is headquartered in Sweden (SE) and primarily operates within the Nordic region. Established in 2006, the company has quickly become a key player in the mortgage lending industry, focusing on residential mortgages and home financing solutions. Swedbank Hypotek offers a range of unique products, including fixed-rate and variable-rate mortgages, designed to meet the diverse needs of its customers. The bank's commitment to sustainability and responsible lending practices sets it apart in a competitive market. With a strong market position, Swedbank Hypotek has achieved notable milestones, including significant growth in its mortgage portfolio, reflecting its dedication to customer service and financial stability. As a trusted name in the industry, Swedbank Hypotek continues to shape the future of home financing in Sweden and beyond.
How does Swedbank Hypotek AB'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.
Swedbank Hypotek AB's score of 64 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Swedbank Hypotek AB, headquartered in Sweden (SE), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Swedbank AB (publ), which may influence its climate commitments and reporting practices. As part of its corporate family, Swedbank Hypotek AB inherits climate initiatives and targets from Swedbank AB (publ). However, there are no documented reduction targets or climate pledges specific to Swedbank Hypotek AB. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the process of developing its climate strategy or reporting framework. In the broader context, Swedbank AB (publ) is likely engaged in various sustainability efforts, including participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). These initiatives aim to align corporate emissions reductions with climate science and enhance transparency in environmental impact reporting. Overall, while Swedbank Hypotek AB does not currently provide specific emissions data or reduction targets, its affiliation with Swedbank AB (publ) indicates a potential commitment to addressing climate change through inherited corporate sustainability practices.
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 881,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 16,583,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 19,893,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000,000 |
Swedbank Hypotek AB's Scope 3 emissions, which increased significantly last year and increased significantly since 2016, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 329% of Scope 3 emissions.
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.
Swedbank Hypotek AB 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.