Sustainability Report and Carbon Intensity Rankings

Is Swedbank doing their part?

Their DitchCarbon score is 75

Swedbank has a DitchCarbon Score of 75, indicating a strong commitment to sustainability. This score reflects a lower carbon intensity in their operations and practices. A higher score suggests that Swedbank is effectively managing and reducing its emissions.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low




Very high

Swedbank is a company in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low




Very high

Swedbank operates in Sweden, a country with a very low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports Swedbank’s sustainability efforts by reducing the carbon footprint associated with their energy consumption.

...this company is doing 24.17% better in emissions than the industry average.

Swedbank, founded in 1820 and headquartered in Sundbybergs kommun, Sweden, operates prominently in the finance sector. As Sweden’s largest bank by customer count, Swedbank serves over 7.8 million private individuals and 600,000 corporate clients, extending its reach to Estonia, Latvia, and Lithuania. The company is committed to fostering financial sustainability and stability for its customers, shareholders, and the wider community.

Good news, Swedbank has embraced SBTi climate commitments

Swedbank has pledged to set science-based targets through the Science Based Targets initiative (SBTi) to reduce greenhouse gas emissions in line with climate science. This commitment means the company will develop and implement strategies to significantly cut its carbon footprint across its operations and value chain.

There’s always room for improvement,

DitchCarbon recommends...

Swedbank should foster sustainability practices throughout their supply chain to achieve a significant reduction in their Scope 3 emissions, which could potentially lower their emissions by 35%.

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.