Swedbank AB 2023 SR
The report outlines Swedbank's sustainability strategy and performance for 2023, focusing on its four home markets: Sweden, Estonia, Latvia, and Lithuania. Key highlights include the issuance of the first social bond by a Nordic bank and a 25% increase in the Sustainable Asset Registry. The bank achieved a return on equity of 18.3% and maintained high digital availability at 99.84%. Swedbank set climate targets for five sectors in its lending portfolio and reached its 2030 target for the oil and gas sector early, with a 55% reduction in financed emissions since 2019. The bank also launched a Financial Health Index to empower one million people to improve their financial health by 2030.
Company: Swedbank AB
Sector: Financials
Country: Sweden
Year: 2023
Type: SR
Pages: 94
Swedbank AB
Compiled Sustainability Information
The report outlines Swedbank's sustainability strategy and performance for 2023, focusing on its four home markets: Sweden, Estonia, Latvia, and Lithuania. Key highlights include the issuance of the first social bond by a Nordic bank and a 25% increase in the Sustainable Asset Registry. The bank achieved a return on equity of 18.3% and maintained high digital availability at 99.84%. Swedbank set climate targets for five sectors in its lending portfolio and reached its 2030 target for the oil and gas sector early, with a 55% reduction in financed emissions since 2019. The bank also launched a Financial Health Index to empower one million people to improve their financial health by 2030.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Feb 22, 2024
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 in Management
Net Zero Target
Employees