Strong governance is important for successful progress. We have a robust sustainability governance model, with clear roles and mandates on different levels. This model determines how we set our strategy and work to integrate sustainability into our business.
The Board of Directors is responsible for deciding on SEB’s strategy and sustainability approach, and for adopting the Corporate Sustainability Policy. The President takes decisions in the Group Executive Committee (GEC) on the development of the sustainability work, in line with the strategy set by the Board.
The president and CEO is responsible for the execution of the strategy for corporate sustainability. The president and CEO is also responsible for implementing the governance structure which has been decided by the board.
The Group Executive Sustainability Committee (GESC) manages the execution of the strategy for corporate sustainability. GESC is a decision body chaired by the President and CEO.
Sustainable Banking is responsible for coordinating and driving the overall corporate sustainability agenda. This is done in close collaboration with the Divisions and Group Staff and Support functions.
SEB’s Divisions and employees – each Head of Division, Head of Group Support function and Head of Group Staff is responsible for making sure everything is in place to meet the corporate sustainability objectives, strategy and policies. Read more about SEB’s sustainability governance.