ESG Commitment
At SEB, we are convinced that we can be a positive force for change in the sustainability transition. Innovation and responsible behavior go hand-in-hand, which is also how we aim to conduct and develop our business. By partnering with our customers and supporting them on their transition journeys we believe we can make the greatest positive impact. We aim to accelerate the pace towards a sustainable future for people, businesses and society. As a bank, SEB has the power, opportunity and responsibility to positively impact the world it operates in. We have a strong ambition to accelerate the change that is needed to combat climate change and limit global warming. We recognize our role in the important work of closing the EUR 3,000bn investment gap that is estimated by the EU to meet near-term needs. We believe that global cooperation and partnerships between the private and the public sectors are prerequisites to succeed. By committing to the Paris Agreement through the signing of the UNEP FI Principles for Responsible Banking, the Net-Zero Banking Alliance and the Net Zero Asset Managers initiative, we strive to reorient capital flows in line with the bank’s updated vision and business strategy. The financial sector can be regarded as one of the main drivers in the transition towards a more sustainable economy. At SEB we are convinced that we can accelerate the pace of this transition by supporting our customers through close collaboration, providing first-class advice and innovative financial solutions that are tailored to their needs.
Company Introduction
SEB is a leading northern European financial services group, with a history dating back to 1856. Innovation, entrepreneurship and an international perspective are part of our DNA. Our vision is to provide world-class service. We do this through long-term relationships, personal advice and digital services – and by supporting our customers in the transition to a more sustainable world.
Climate change is one of the biggest challenges of our time and we are determined to facilitate and accelerate the transition towards a low-carbon society. We support our customers in their transitions and align our strategy with the Paris Agreement and the UN Sustainable Development Goals. Banks are central for allocating society’s financial resources, and SEB plays an important role in the transition to a net zero society. We are partnering with our clients to lower CO2 emissions in key industries such as transportation, construction and energy. SEK 58.5bn global sustainable bonds were underwritten by SEB in 2021. 82% of SEB’s fund company’s assets managed are in line with the EUR Sustainable Finance Disclosure Regulation, article 8 & 9.