Swedbank AB 2023 IR
The report highlights Swedbank's strong financial performance in 2023, delivering a return on equity of 18.3% and a cost/income ratio of 0.33. The bank issued its first social bond of EUR 500m and became the first Swedish bank to buy biodiversity credits. Swedbank also launched its Financial Health Index to measure financial literacy across its home markets, aiming to help one million people improve their financial health by 2030. Additionally, the bank set climate targets for five sectors in its lending portfolio and published its climate transition plan.
Company: Swedbank AB
Sector: Financials
Country: Sweden
Year: 2023
Type: IR
Pages: 292
Swedbank AB
Annual And Sustainability Report
The report highlights Swedbank's strong financial performance in 2023, delivering a return on equity of 18.3% and a cost/income ratio of 0.33. The bank issued its first social bond of EUR 500m and became the first Swedish bank to buy biodiversity credits. Swedbank also launched its Financial Health Index to measure financial literacy across its home markets, aiming to help one million people improve their financial health by 2030. Additionally, the bank set climate targets for five sectors in its lending portfolio and published its climate transition plan.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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
Net Zero Target
Employees