SEB wants to be a leading catalyst in the sustainability transition. As a bank, we have the power, opportunity and responsibility to impact the world we operate in. We are committed to partnering with our customers in their transition to more sustainable business models and help society achieve net-zero emissions by 2050.
SEB’s sustainability strategy outlines our role in the transition towards a sustainable society. It is part of SEB’s business plan for 2022–2024 and a cornerstone of SEB’s 2030 Strategy. As a signatory of the UN initiative Principles for Responsible Banking, we have committed to continuously adapt our business strategy to align and contribute to the UN Sustainable Development Goals and the Paris Agreement.
We have committed to important international undertakings, such as the Net-Zero Banking Alliance, the Net Zero Asset Managers initiative and the Poseidon Principles.
Sustainability is a key part of SEB's business plan. Through innovative and sustainable financing, advice and investment products we enable our customers to make the choices that support their transition to a low-carbon society. International commitments, a sustainability policy framework, clear governance combined with employee commitment and knowledge aim to ensure that sustainability is integrated throughout the bank, and that we can provide the best service to our customers.
On the path to becoming a leading catalyst in the sustainable transition, we focus on:
The Transition Plan outlines our strategy and approach to achieving a credit portfolio with net zero emissions by 2050 or earlier. This plan details our interim targets, our methods for engaging with clients on their transition journeys, and how we integrate climate considerations into our business operations to drive the transition to a low-carbon society.
SEB's sustainability experts have extensive knowledge in areas such as climate and financing solutions, sustainable investments and regulatory development in the European Union.