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.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Seb's reported carbon emissions
SEB, an insurance and pension funding services company headquartered in SE, reported approximately 36.1 billion kg CO2e in total carbon emissions for 2025. This figure encompasses Scope 1, 2, and 3 emissions. Of this total, Scope 3 emissions accounted for the vast majority, at approximately 36.1 billion kg CO2e, with investments representing the largest component. Scope 1 emissions were around 658,000 kg CO2e, and Scope 2 emissions were approximately 3.2 million kg CO2e (market-based).
For 2024, SEB reported total emissions of approximately 36.5 billion kg CO2e, with Scope 3 emissions being approximately 36.5 billion kg CO2e, investments at roughly 36.5 billion kg CO2e, Scope 1 emissions at about 695,000 kg CO2e, and Scope 2 emissions at approximately 3.1 million kg CO2e (market-based).
SEB has set ambitious climate commitments. The company aims to reduce absolute CO2 emissions by 66% by 2025 and by 75% by 2030, both compared to a 2008 baseline. Furthermore, SEB is committed to achieving net-zero greenhouse gas emissions by 2050 at the latest. To support this, SEB tracks progress using proprietary metrics like the Carbon Exposure Index and the Sustainable Activity Index.
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Seb’s Climate Goals (2030 & 2050)
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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Scope 3 top emissions categories
5 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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