Swedbank AB 2021 SR
The report highlights Swedbank's full integration of its sustainability strategy into its core business strategy in 2021. The bank committed to the Business Ambition for 1.5°C and the Net Zero Banking Alliance, aiming for net-zero emissions from its investment portfolios by 2040. Swedbank successfully reduced its direct greenhouse gas emissions by 63% compared to the 2019 baseline, primarily due to decreased business travel. The bank also expanded its green asset register to SEK 45 billion and issued green bonds in all major currencies. Furthermore, Swedbank maintained its inclusion in the Dow Jones Sustainability World Index, reflecting its strong performance in ESG governance and risk management.
Company: Swedbank AB
Sector: Financials
Country: Sweden
Year: 2021
Type: SR
Pages: 61
Swedbank AB
Compiled Sustainability Information
The report highlights Swedbank's full integration of its sustainability strategy into its core business strategy in 2021. The bank committed to the Business Ambition for 1.5°C and the Net Zero Banking Alliance, aiming for net-zero emissions from its investment portfolios by 2040. Swedbank successfully reduced its direct greenhouse gas emissions by 63% compared to the 2019 baseline, primarily due to decreased business travel. The bank also expanded its green asset register to SEK 45 billion and issued green bonds in all major currencies. Furthermore, Swedbank maintained its inclusion in the Dow Jones Sustainability World Index, reflecting its strong performance in ESG governance and risk management.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Feb 23, 2022
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
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees