Initiatives guiding our work

SEB has adopted a number of global initiatives and international codes of conduct which guide our business decisions and the overall sustainability work. This also gives us an opportunity to learn, share knowledge and impact international policy development.

We support the following international codes and agreements:

The UN Global Compact

The United Nations Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with 10 universally accepted principles in the areas of human rights, labour, environment and anti-corruption. As a signatory to the UN Global Compact, we are required to communicate our progress on a yearly basis. Adopted by SEB: 2004

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The OECD Guidelines for Multinational Enterprises

The OECD Guidelines for Multinational Enterprises are recommendations by governments to multinational enterprises providing voluntary principles and standards for responsible business conduct. The guidelines cover areas such as employment and industrial relations, human rights, environment, information disclosure, competition, taxation, and science and technology. Adopted by SEB: 2000

Read about OECD Guidelines for multinational enterprises

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Principles for Responsible Investment (PRI)

The Principles for Responsible Investment (PRI) are a voluntary set of principles developed by the world's largest institutional investors in partnership with the United Nations Environment Programme Finance Initiative (UNEP FI) and the UN Global Compact. The six principles provide a framework to incorporate environmental, social and governance issues into mainstream investment decision making and ownership practices. Adopted by SEB: 2008

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UN Environment Programme Finance Initiative

The United Nations Environment Programme Finance Initiative (UNEP FI) is a global partnership between the United Nations Environment Programme (UNEP) and the financial sector. UNEP FI works with financial institutions that are signatories to the UNEP FI Statements and other organisations to develop and promote linkages between the environment, sustainability and financial performance. Signed: 1995

The Equator Principles

The Equator Principles (EP) is a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and is primarily intended to provide a minimum standard for due diligence and monitoring to support responsible risk decision-making. SEB has internal policies and processes that are consistent with the Equator Principles and we report our EP transactions publicly. Adopted by SEB: 2007

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Carbon Disclosure Project

The Carbon Disclosure Project (CDP) is the world's largest survey of large corporations' ambitions on climate change and environmental protection. Thousands of organisations in some 60 countries around the world measure and disclose their greenhouse gas emissions and climate change strategies through CDP. CDP acts on behalf of more than 700 institutional investors and some 50 purchasing organisations of large global corporations. Adopted: 2008

The UN Universal Declaration of Human Rights

The Universal Declaration was adopted by the General Assembly of the United Nations on 10 December 1948. Motivated by the experiences of the preceding world wars, the Universal Declaration was the first time that countries agreed on a comprehensive statement of inalienable human rights.

Read about the Universal Declaration of Human Rights

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