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Reducing our own impact 

Five small brown houses near the sea.

We work actively to reduce our own environmental footprint and we have a responsibility and ambition to do so. We have set targets to reduce CO2 emissions to zero by 2045. This targets includes milestones to reduce emissions with 66 per cent by 2025 and with 75 per cent by 2030, both compared to baseline year 2008. From 2021 onwards, our goal is to reach a net effect of zero through climate compensation.

To achieve our goals SEB will work to, among others, improve energy efficiency of operations and buildings, reduce business travel by using alternative techniques for meetings and move to an electrified fleet of company cars.

SEB’s goal to reduce the direct CO2 emissions by 20% between 2015 and 2020 was achieved by far. Changed travel pattern was the biggest contribution to the reduced emissions. This changed pattern was closely linked to the Covid-19 pandemic. In 2020, we had around 9,700 tonnes of own CO2 emissions, equivalent to 0.61 tonnes per SEB employee.