Seb

Seb's reported carbon emissions

SEB, headquartered in SE and operating in insurance and pension funding services, reported approximately 36.06 billion kg CO2e in total emissions for 2025. This figure comprises roughly 658,000 kg CO2e for Scope 1, approximately 3.25 million kg CO2e for Scope 2 (market-based), and about 36.06 billion kg CO2e for Scope 3. The Scope 3 emissions are predominantly driven by investments, accounting for approximately 36.05 billion kg CO2e. For 2024, SEB's total emissions were approximately 36.50 billion kg CO2e. Scope 1 emissions were around 695,000 kg CO2e, Scope 2 (market-based) emissions stood at about 3.14 million kg CO2e, and Scope 3 emissions totalled approximately 36.49 billion kg CO2e, with investments making up the vast majority at roughly 36.48 billion kg CO2e. SEB has set ambitious climate commitments. The company aims for carbon neutrality by 2050 at the latest. Near-term targets include reducing absolute CO2 emissions by 66% by 2025 and by 75% by 2030, both compared to a 2008 baseline. SEB is also working towards reducing its own CO2 emissions to zero by 2045. Furthermore, SEB has a power generation emission intensity reduction target of 43% compared to a 2020 baseline by 2030. The bank also tracks progress through proprietary metrics like the Carbon Exposure Index and the Sustainable Activity Index, which monitor reductions in fossil fuel exposure and increases in positive environmental impact through sustainable finance.