Swedbank AB 2020 SR
The report highlights Swedbank's 2020 sustainability performance, marking 200 years of the bank's commitment to social and financial responsibility. Key achievements include the adoption of a new climate target to reduce direct greenhouse gas emissions by 60% by 2030 and the commitment to the Science Based Targets initiative. The bank successfully integrated sustainability into its core business strategy and made significant progress in implementing the UN Principles for Responsible Banking and TCFD recommendations. Additionally, Swedbank focused on strengthening its anti-money laundering (AML) and counter-terrorist financing (CTF) frameworks following regulatory investigations. The bank was also included in the Dow Jones Sustainability World Index 2020, reflecting its strong ESG performance.
Company: Swedbank AB
Sector: Financials
Country: Sweden
Year: 2020
Type: SR
Pages: 52
Swedbank AB
Compiled Sustainability Information
The report highlights Swedbank's 2020 sustainability performance, marking 200 years of the bank's commitment to social and financial responsibility. Key achievements include the adoption of a new climate target to reduce direct greenhouse gas emissions by 60% by 2030 and the commitment to the Science Based Targets initiative. The bank successfully integrated sustainability into its core business strategy and made significant progress in implementing the UN Principles for Responsible Banking and TCFD recommendations. Additionally, Swedbank focused on strengthening its anti-money laundering (AML) and counter-terrorist financing (CTF) frameworks following regulatory investigations. The bank was also included in the Dow Jones Sustainability World Index 2020, reflecting its strong ESG performance.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Feb 25, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Total Waste
Women on Board
Net Zero Target
Employees