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Seb, officially known as SEB Group, is a prominent player in the insurance and pension funding services sector, excluding compulsory social security services. Headquartered in Sweden, SEB operates extensively across the Nordic region and has established a strong presence in various international markets. Founded in 1856, the company has achieved significant milestones, including the development of innovative financial solutions tailored to meet the evolving needs of its clients.
SEB offers a diverse range of core products and services, including life insurance, pension plans, and investment solutions, distinguished by their customer-centric approach and commitment to sustainability. With a robust market position, SEB is recognised for its financial stability and has received numerous accolades for its service excellence. As a trusted partner in financial security, SEB continues to lead the way in shaping the future of insurance and pension funding.
+32 vs industry average
Seb’s score of 71 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
SEB, an Insurance and pension funding services provider based in SE, reported total emissions of approximately 36.06 billion kg CO2e in 2025. This includes about 658,000 kg CO2e from Scope 1 emissions, 3.25 million kg CO2e from Scope 2 market-based emissions, and approximately 36.06 billion kg CO2e from Scope 3 emissions. A significant portion of Scope 3 emissions, about 36.05 billion kg CO2e, was attributed to investments.
In 2024, SEB's total emissions were approximately 36.50 billion kg CO2e. This comprised about 695,000 kg CO2e from Scope 1, 3.14 million kg CO2e from Scope 2 market-based emissions, and approximately 36.49 billion kg CO2e from Scope 3. Investments accounted for approximately 36.48 billion kg CO2e of the Scope 3 total.
SEB has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions by 2050 at the latest. The company also has specific near-term targets to reduce absolute CO2 emissions from a 2008 baseline: a 66% reduction by 2025 and a 75% reduction by 2030 across all scopes. Additionally, SEB aims to reduce absolute Scope 1 CO2 emissions by 66% by 2025 and 75% by 2030, both compared to a 2008 baseline. For Scope 2, the target is a 66% reduction in absolute CO2 emissions by 2025 and 75% by 2030, also against a 2008 baseline.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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