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.