18 Aug 2015 16:55

SEB signs international climate initiative

2015 is by many regarded as an important year for the global climate. In December, the UN Climate Conference COP 21 will be held in Paris and expectations are high on the countries to agree on a binding commitment to keep global warming below 2 degrees Celsius.

Several international initiatives are running to push the climate issue, also related to the financial sector. One of them is Montreal Carbon Pledge, in which investors commit to measure and publicly disclose the carbon footprint of their investment portfolios on an annual basis. SEB's Investment Management signed the Montreal Carbon Pledge in early August.

“For us as investors it is important to contribute to a more sustainable world, and by measuring and reporting carbon emissions in our holdings, we can contribute positively”, says Peter Branner, Head of SEB Investment Management.

SEB today discloses the climate footprint of SEB Ethical Sweden Fund and the Ethos Equity Fund.

“The goal is to gradually increase the number of funds where we measure and disclose the carbon footprint, and thereby also facilitate for the climate interested saver”, says Branner. SEB works in several ways to reduce the environmental impact, both by taking responsibility for our own footprint and through our impact on financing and financial investment.

Read more about how SEB works to reduce its own environmental impact and the climate meeting in Paris under the related links.