Swedbank AB 2020 IR
The report highlights Swedbank's transition in 2020, marked by efforts to manage the COVID-19 pandemic and strengthen its anti-money laundering (AML) framework. Financially, the bank achieved a stable underlying profit despite being impacted by a SEK 4 billion administrative fine from the Swedish FSA and increased credit impairments. On the sustainability front, Swedbank qualified for the Dow Jones Sustainability Index 2020 and set a target to reduce its direct greenhouse gas emissions by 60 percent by 2030. Additionally, Swedbank Robur launched its first Paris Aligned funds and committed to aligning its aggregate fund capital with the Paris Agreement by 2025.
Company: Swedbank AB
Sector: Financials
Country: Sweden
Year: 2020
Type: IR
Pages: 256
Swedbank AB
Annual And Sustainability Report
The report highlights Swedbank's transition in 2020, marked by efforts to manage the COVID-19 pandemic and strengthen its anti-money laundering (AML) framework. Financially, the bank achieved a stable underlying profit despite being impacted by a SEK 4 billion administrative fine from the Swedish FSA and increased credit impairments. On the sustainability front, Swedbank qualified for the Dow Jones Sustainability Index 2020 and set a target to reduce its direct greenhouse gas emissions by 60 percent by 2030. Additionally, Swedbank Robur launched its first Paris Aligned funds and committed to aligning its aggregate fund capital with the Paris Agreement by 2025.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Employees