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

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Swedbank AB

Swedbank AB 2023 Annual and Sustainability Report

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