Seb

SEB, an insurance and pension funding services provider, reported total emissions of approximately 36.06 billion kg CO2e in 2025. This includes Scope 1 emissions of 658,000 kg CO2e, market-based Scope 2 emissions of 3.245 million kg CO2e, and Scope 3 emissions of approximately 36.058 billion kg CO2e. A significant portion of Scope 3 emissions, about 36.047 billion kg CO2e, originated from investments.

Looking back to 2024, SEB's total emissions were approximately 36.497 billion kg CO2e, comprising 695,000 kg CO2e from Scope 1, 3.139 million kg CO2e from market-based Scope 2, and about 36.493 billion kg CO2e from Scope 3, with investments accounting for approximately 36.482 billion kg CO2e.

SEB has set ambitious climate commitments, aiming for net zero greenhouse gas emissions by 2050 at the latest. The company also targets an absolute CO2 emissions reduction of 66% by 2025 and 75% by 2030, both against a 2008 baseline. Additionally, SEB has an intensity reduction target for power generation emissions of 43% by 2030, compared to a 2020 baseline. The company tracks its progress using proprietary metrics such as the Carbon Exposure Index and the Sustainable Activity Index.