Our material impact areas
The material areas are where our daily activities have a positive or negative impact of a magnitude. We divide those into the environmental, social and governance area. Read about our approach and how we work.
Our impact
SEB's impact ranges from our own footprint to the effects of the financial products and services we offer customers. We are a corporate citizen and our impact matters on society's well-being today as well as tomorrow.
We commit to report according to high international standards combined with specific targets in line with our strategy.
SEB's impact in numbers 2023
61.5
billion SEK in sustainable financing in line with SEB’s Green Bond Framework
2,837
number of total engagement dialogues with portfolio companies
45%
of SEB's top senior management are women
70,000
number of people coached in entrepreneurship
119%
increase of SEB green mortgages 2021-2023, from 7.9 billion to 17.3 billion SEK
26
million number of customers reached via microfinance institutions
Sustainability ratings
As we continuously strengthen our sustainability work, we see an increased interest from customers, investors and analysts in how we develop and perform. We aim to meet our stakeholders' expectations on transparency and choose to disclose ESG ratings based on the monitoring from major external assessors.
| Rating institute | 2023 | 2022 | 2021 | 2020 |
| CDP | B | B− | B | D |
| ISS ESG | C | C | C | C |
| MSCI ESG | AA | AA | AA | AA |
| Sustainalytics ESG Risk rating | 24.2 | 24.0 | 22.4 | 23.9 |
| Fair Finance Guide | n/a | 68% | n/a | 53% |
CDP: Rating scale A–D. Average for the financial sector in 2022 was B.
ISS ESG: Rating scale A+ to D–.
MSCI ESG: Rating scale AAA–CCC.
Sustainalytics: Rating scale 0–10 negligible, 10–20 low, 20–30 medium, 30–40 high, 40+ severe.
Fair Finance Guide in Sweden regularly maps Swedish banks' guidelines on what sustainability requirements the banks place on companies they finance or invest in, and how transparently the banks report their sustainability work.
SEB Annual report
Our Annual report summarises SEB’s achievements, financial performance, and sustainability efforts from the past year, with the sustainability statement integrated in the report.
Ambitions and goals
As an important part of SEB's sustainability strategy, our ambitions and goals set out a path to reduce our fossil credit exposure and at the same time set growth ambitions for our sustainable products, advisory services and investments.
The Microfinance Funds
Microfinancing is a way of making capital available for people in developing countries, when starting or growing their business. At the same time it offers investors an attractive financial return.
Contact us
SEB's sustainability experts have extensive knowledge in areas such as climate and financing solutions, sustainable investments and regulatory development in the European Union.