Seb

Seb's total carbon emissions in 2025 were approximately 36.06 billion kg CO2e. This includes Scope 1, 2, and 3 emissions. Scope 3 emissions, largely driven by investments, accounted for the significant majority, totalling about 36.05 billion kg CO2e. Scope 1 emissions were approximately 658,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 3.25 million kg CO2e.

For 2024, Seb's total carbon emissions were approximately 36.50 billion kg CO2e. Scope 3 emissions represented the largest portion at around 36.49 billion kg CO2e. Scope 1 emissions were about 695,000 kg CO2e, and Scope 2 emissions (market-based) were approximately 3.14 million kg CO2e.

Seb is committed to achieving net-zero greenhouse gas emissions by 2050 at the latest. This ambition guides their work in reducing the bank's fossil fuel exposure and increasing its positive environmental impact through sustainable lending, advice, and investments, tracked via proprietary metrics like the Carbon Exposure Index and Sustainable Activity Index.

Specific reduction targets include:

• A goal to reduce absolute CO2 emissions by 66% by 2025, compared to a 2008 baseline.
• A target to reduce absolute CO2 emissions by 75% by 2030, compared to a 2008 baseline.
• A further commitment to reduce absolute CO2 emissions to zero by 2045.

Seb is also working on reducing energy consumption, with past targets including a 20% reduction in energy consumption at production sites (compared to 2010) and a 20% reduction in the energy consumption of electrical products (compared to 2013). They also had a target to reduce greenhouse gas emissions for product and component transport by 25% per unit transported (compared to 2013). Additionally, there is a target for power generation emission intensity reduction of 43% compared to a 2020 baseline by 2030.