Skandinaviska Enskilda Banken (SEB)Sweden
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Last update: 2019-12-04 14:51:36
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About Skandinaviska Enskilda Banken (SEB)

Skandinaviska Enskilda Banken AB (SEB) is a Swedish bank, focussed on corporate and private banking. It describes itself as the leading corporate and investment bank in the Nordic countries; it services some four million customers. The bank was founded by and is controlled by the powerful Swedish Wallenberg family through their investment company Investor AB. SEB offers a wide range of financial services in Sweden and the Baltic countries. In Denmark, Finland, Norway, Germany and United Kingdom the bank's operations focus on corporate and investment banking.

Website https://sebgroup.com/
Headquarters
Kungsträdgårdsgatan 8
SE 106-40 Stockholm
Sweden
CEO/chair Johan Torgeby
CEO
Supervisor
Riksbank
Annual reports Annual report 2018
CSR report 2018
Ownership
listed on OMX AB

Investor AB owns 20.8%. SEB's complete shareholder structure can be viewed here.

Related Dodgy Deals

Skandinaviska Enskilda Banken (SEB) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Companies - active profiles

Fortum Finland profile

Coal Electric Power Generation | Hydroelectric Power Generation | Nuclear Electric Power Generation | Oil and Gas Extraction | Solar Electric Power Generation
Debt – corporate loan
EUR 1.75 billion
17 June 2016
Co-financed EUR 1.75 billion revolving credit facility
source: Fortum press release
link

RWE Germany profile

Coal Electric Power Generation | Coal Mining | Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation
Debt – corporate loan
USD 245 million
2014 - 2017
source: BankTrack Coal Developers Report 2017
link
Debt – corporate loan
EUR 24.1 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

UPM-Kymmene Finland profile

Pulp, Paper and Paperboard Mills
Debt – corporate loan
EUR 750 million
March 2020 - March 2025
Co-financed EUR 750 million credit facility
source: UPM-Kymmene
link
Debt – corporate loan
USD 32 million
2011 - 2017
Loans and underwriting between 2011 and 2017
source: Profundo, 2017
Equity – share owner/manager
USD 3.456 billion
Dated April 30th 2019
source: UPM
link
There are no active companies for Skandinaviska Enskilda Banken (SEB) now.

Companies - on record profiles

BAE Systems United Kingdom profile

Arms Industry and Trade
Bond issue – underwriter
Total amount of outstanding loans and bond underwriting (31st December 2018): 2146 MSEK
source: Deadly Investments - Swedish banks’ financial links to companies involved in controversial arms trade.
link

Glencore Switzerland profile

Coal Mining
Debt – corporate loan
EUR 112.8 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Marubeni Japan profile

Coal Electric Power Generation | Mining | Pulp, Paper and Paperboard Mills
Uncategorised
USD 52.6 million
March 1997
syndicated export credit - 12,5 years guaranteed syndicated export credit, worth in total USD 650 million
source: link

Vattenfall Sweden profile

Biomass Electric Power Generation | Coal Electric Power Generation | Coal Mining | Hydroelectric Power Generation | Mining | Nuclear Electric Power Generation | Solar Electric Power Generation | Wind Electric Power Generation
Uncategorised
EUR 88.1 million
2005 - 2013
shares/bonds underwriter or manager
source: Banks and Coal Spreadsheet, Profundo, 2014
Debt – corporate loan
EUR 65.5 million
2005 - 2013
source: Banks and Coal Spreadsheet, Profundo, 2014

Dodgy Deals map

All
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Projects
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Companies
Targets
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Active profiles
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On record profiles

News

| |
Type:
Year:
blog
external news
our news

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
blog
external news
our news

Equator Principles: New BankTrack database sheds light on patchy project name reporting

BankTrack publishes database of Equator-financed projects, together with analysis showing some banks report few or no project names – notable poor performers include ING, HSBC and Lloyds
2020-06-29 | BankTrack
blog
external news
our news

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
blog
external news
our news

Swedish banks linked to the war in Yemen

The seven largest banks in Sweden continue to finance and invest billions in companies involved in controversial arms exports, for example to countries participating in the Yemen conflict. This is shown in a follow-up report by Diakonia and the Fair Finance Guide.
2020-02-06 | Diakonia, Fair Finance Guide Sweden
blog
external news
our news

SEB signs UN Principles for Responsible Banking

2019-08-27 | SEB
blog
external news
our news

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA
blog
external news
our news

Retake on exclusion list for SEB’s funds

2017-06-16 | SEB
blog
external news
our news

SEB raises the sustainability level for all funds

2017-06-12 | SEB
blog
external news
our news

New report linking Nordic banks and government pension funds to Indonesia’s palm oil deforestation

Nordic investments to Asian banks support rapacious palm oil producers with financing that impedes push for sustainability
2017-05-30 | Oslo, Norway | Fair Finance Guide Norway, Fair Finance Guide Sweden, Rainforest Foundation Norway
blog
external news
our news

Banks and pension funds fail to act on allegations against Lundin Petroleum

2017-04-27 | Fair Finance Guide Sweden, Swedwatch
blog
external news
our news

Scandinavian banks linked to violations of indigenous peoples’ rights in Borneo

2017-03-07 | Stockholm, Sweden | Fair Finance Guide Sweden, Swedwatch
blog
external news
our news

Swedish banks invest in controversial arms trade

2016-09-14 | Fair Finance Guide Sweden
blog
external news
our news

Swedish banks in breach of human rights guidelines

2015-06-17 | Stockholm | Amnesty International, Swedish Consumers’ Association, Fair Finance Guide
blog
external news
our news

Fair Finance Guide launches in Sweden

Swedish banks score poorly on sustainability
2015-01-23 | Stockholm | Fair Finance Guide
blog
external news
our news

BankTrack calls for strengthening of Green Bond Principles

Combatting climate change needs real commitments instead of loose guidelines - Banks must urgently curb fossil fuel financing
2014-04-14 | Nijmegen | BankTrack
blog
external news
our news

Equator Principles goes beyond project finance, improves transparency

2012-08-13 | Environmental Finance
blog
external news
our news

While BankTrack criticizes Equator Principles, IFC celebrates Community of Learning

2011-10-25 | Washington | prizmablog.com
blog
external news
our news

Time to Improve the Equator Principles, BankTrack Says

2011-10-24 | Washington | Social Funds
blog
external news
our news

BankTrack to Equator Principles banks; ‘get the Outside Job done’

Equator Principles update must lead to new Principles focused on people and planet
2011-10-23 | Washington | BankTrack
blog
external news
our news

Financiers search for sustainable future

2011-10-20 | Washington | Environmental Finance
blog
external news
our news

New rules for Equator Principles, but no new commitments from banks

New governance rules represent missed chance for Equator Principles to take bold steps forward on transparency and accountability
2010-07-01 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Equator Principles: Action, not words needed

BankTrack calls upon Citi, new chair of Equator Principles to take bold steps forward
2010-03-15 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

Civil society groups call for bold steps forward with Equator Principles

Major reforms needed on transparency, accountability, implementation and climate change
2010-01-14 | Nijmegen | BankTrack

Documents

| | | | | | | | | | | |
Type:
Year:
csr policies

Tax Policy

2020-07-15 00:00:00
csr policies

Forestry Policy

2020-07-15 00:00:00
annual reports

Annual report 2018

2019-06-30 00:00:00 | SEB
annual reports

CSR report 2018

Pages from Annual Report, p. 67–73
2019-06-30 00:00:00 | SEB
other documents

Troika Laundromat

Overview of financial institutions involved in the Troika Laundromat scheme
2019-05-20 00:00:00 | Organised Crime and Corruption Project (OCCRP)
bank documents

Sustainability Fact Book and GRI Index

2018-12-31 00:00:00 | SEB
csr policies

Corporate sustainability policy

2018-12-12 00:00:00 | SEB
csr policies

Environmental policy

2018-11-15 00:00:00 | SEB
csr policies

Human rights policy

2018-11-15 00:00:00 | SEB
ngo documents

Still Undermining Our Future?!

A case study for Fair Finance Guide International of Swedish financial institutions
2018-11-07 00:00:00 | Profundo
ngo documents

Still Irresponsible Investments

A study of Swedish banks' investments in companies linked to human rights abuses
2018-09-30 00:00:00 | FFG Sweden, Amnesty International
annual reports

Annual report 2017

2018-03-31 00:00:00 | SEB
annual reports

Sustainability report 2017

2018-03-31 00:00:00 | SEB
csr policies

Code of Conduct

2017-12-05 00:00:00 | SEB
annual reports

Sustainability report 2016

2017-06-30 00:00:00 | SEB
annual reports

Annual report 2016

2017-06-30 00:00:00 | SEB
ngo documents

Nordic investments in banks financing Indonesian palm oil

2017-05-30 00:00:00 | Rainforest Foundation Norway, FFG Sweden and FFG Norway
annual reports

Annual report 2015

2016-03-01 00:00:00 | SEB
annual reports

Sustainability report 2015

2016-03-01 00:00:00 | SEB
csr policies

Ethics policy

2015-12-16 00:00:00 | SEB
csr policies

Climate Change Position Statement

2015-11-25 00:00:00 | SEB
ngo documents

Irresponsible Investments

A study of Swedish banks' investments in companies linked to human rights abuses
2015-06-30 00:00:00 | FFG Sweden, Amnesty International
annual reports

Annual Report 2014

2015-04-07 00:00:00 | SEB
annual reports

Sustainability Report 2014

2015-04-07 00:00:00 | SEB
csr policies

Sector policy for Arms and Defence

2015-04-07 00:00:00 | SEB
correspondence

Letter from BankTrack to signatory banks on Green Bond Principles

2014-04-09 00:00:00 | BankTrack
annual reports

Annual Report 2013

2014-04-07 00:00:00 | SEB
annual reports

Annual Report 2012

2012-12-31 00:00:00 | SEB
annual reports

Sustainability Report 2012

2012-12-31 00:00:00 | SEB
other documents

2011 Global Investor Statement on Climate Change

2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI
annual reports

Annual report 2010

2011-04-19 00:00:00 | SEB
annual reports

Sustainability report 2010

2011-04-19 00:00:00 | SEB
csr policies

Position statement on Child labour

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Shipping

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Renewable Energy

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Mining and Metals

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Fossil Fuel

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Forestry

2011-02-11 00:00:00 | SEB
csr policies

Position statement on Fresh Water

2011-02-11 00:00:00 | SEB
correspondence

Letter from BankTrack to EPFIs on issues around Equator Principles Review process

2010-12-18 00:00:00 | Banktrack
annual reports

Annual report 2009

2010-05-12 00:00:00 | SEB
annual reports

CSR report 2009

2010-05-12 00:00:00 | SEB
other documents

SEB Equator Principles reporting

2008-10-31 00:00:00 | EP

Links

SEB sustainability pages

https://sebgroup.com/about-seb/sustainability

Fair Finance Guide Sverige

Fair Finance Guide Sweden

https://fairfinanceguide.se/banks/banker/seb/

EPN assessment of policies against 14 minimum criteria - SEB

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

https://environmentalpaper.org/skandinaviska-enskilda-banken-seb/

Policies

Voluntary initiatives

Skandinaviska Enskilda Banken (SEB) has committed itself to the following voluntary standards:

Investment policies

SEB's webpage on corporate social responsibility can be accessed here.

 

Year:
csr policies

Tax Policy

2020-07-15 00:00:00
csr policies

Forestry Policy

2020-07-15 00:00:00
csr policies

Corporate sustainability policy

2018-12-12 00:00:00 | SEB
csr policies

Environmental policy

2018-11-15 00:00:00 | SEB
csr policies

Human rights policy

2018-11-15 00:00:00 | SEB
csr policies

Code of Conduct

2017-12-05 00:00:00 | SEB
csr policies

Ethics policy

2015-12-16 00:00:00 | SEB
csr policies

Climate Change Position Statement

2015-11-25 00:00:00 | SEB
csr policies

Sector policy for Arms and Defence

2015-04-07 00:00:00 | SEB
csr policies

Position statement on Child labour

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Shipping

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Renewable Energy

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Mining and Metals

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Fossil Fuel

2011-02-11 00:00:00 | SEB
csr policies

Sector policy for Forestry

2011-02-11 00:00:00 | SEB
csr policies

Position statement on Fresh Water

2011-02-11 00:00:00 | SEB

Equator Principles

Implementation and reporting

Skandinaviska Enskilda Banken (SEB) is reporting on the implementation here.

Contact and complaints

Good moves

Year: