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Skandinaviska Enskilda Banken (SEB)Sweden
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Created before Nov 2016
Last update: 2020-12-01 11:49:40

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SEB head offices in Stockholm. Photo: Magman100 via Wikimedia (CC BY-SA 3.0)

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, serving some four million customers. The bank was founded by and is controlled by the 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 report Annual integrated report 2020
Ownership
listed on OMX AB

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

Complaints and grievances

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.

Dodgy Deals map

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Policy Assessments

Banks, climate and energy

Bank policy scores on fossil fuel financing

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
70.5
Follower

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0
Sweden
Profile
Score
70.5
1612134000
Last update: 2021-02-01
Explanation

Total: 70.5 points out of 200

33.5 points out of 120 for oil and gas policy.

37 points out of 80 for coal policy.

See: Policy scores Excel sheet

Explanation

A bank can obtain a total of 200 policy points for its fossil fuel policies; 120 possible points for oil and gas policies and 80 possible points for coal policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 50 points
50.5 - 100 points
100.5 - 150 points
150.5 - 200 points
For more details see this page.

Bank policy scores on fossil fuel expansion

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
28.5
Follower

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0
Sweden
Profile
Score
28.5
1612134000
Last update: 2021-02-01
Explanation

Total: 32.5 points out of 82

3 points for a strong exclusion of tar sands projects: SEB does not provide finance to new or expanding unconventional oil and gas projects, which includes tar sands.

3 points for a strong exclusion of Arctic oil and gas projects: SEB will not provide finance for exploration or production of Arctic oil and gas.

3 points for a strong exclusion of offshore oil and gas projects: SEB will not provide financial services to offshore related fossil assets (drilling rigs, seismic equipment and dedicated fossil extraction offshore support vessels) where revenue from these assets represents more than 5% of an owners' revenue.

3 points for a strong exclusion of fracked oil and gas projects: SEB will not provide financial services to any new or expanding unconventional oil and gas projects, including shale/fracked oil and gas.

1.5 points for a weak exclusion of other/conventional oil and gas projects: SEB does not finance seismic fossil exploration, new refineries for transportation fuel, new oil-fired power plants, and new combined cycle gas fired power plants.

6 points for a strong exclusion of coal mining projects: SEB will not provide financial services to new and existing thermal coal mines.

6 points for a strong exclusion of coal power projects: SEB will not provide financial services to new and existing coal-fired power plants.

3 points for a strong exclusion of coal infrastructure projects: SEB will not finance infrastructure projects that are dedicated to thermal coal "such as harbours or terminals of existing harbours, transportation of thermal coal by rail or road, storage of coal (warehouses)."

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00
Explanation

The scores for a bank's policies restricting expansion of fossil fuels - in each area, prohibitions against financing projects and/or companies expanding that area - are aggregated into a fossil fuel expansion policy score.

The point-based policy ranking for fossil fuel expansion consists of the following distribution:

  • Coal mining: 14 points​
  • Coal power: 14 points
  • Other coal: 7 points
  • Tar sands: 7 points
  • Arctic oil and gas: 7 points
  • Offshore oil and gas: 7 points
  • Fracked oil and gas: 7 points
  • LNG: 7 points
  • Other oil and gas: 12 points

A bank can obtain a total of 82 policy points for its fossil fuel expansion policy. Based on this score, banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 20.5 points
21 - 41 points
41.5 - 61.5 points
62 - 82 points
For more details see this page.

Bank policy scores on oil and gas financing

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
33.5
Follower

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0
Sweden
Profile
Score
33.5
1612134000
Last update: 2021-02-01
Explanation

Total: 33.5 points out of 120

10 points out of 18 for tar sands policy: see here.

7 points out of 18 for Arctic oil and gas policy: see here.

3 points out of 18 for offshore oil and gas policy: see here.

10 points out of 18 for fracked oil and gas policy: see here.

3.5 points out of 30 for other/conventional oil and gas policy: see here.

See: Policy scores Excel sheet

Explanation

For tar sands, Arctic oil and gas, fracked oil and gas, offshore oil and gas and LNG, 18 possible policy points can be obtained. For other/conventional oil and gas, 30 policy points can be obtained. In total, a bank can score a total of 120 policy points for its oil and gas policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 30 points
30.5 - 60 points
60.5 - 90 points
90.5 - 120 points
For more details see this page.

Bank policy scores on tar sands

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
10
Front runner

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0
Sweden
Profile
Score
10
1612134000
Last update: 2021-02-01
Explanation

Total: 10 points out of 18

3 points for a strong exclusion of tar sands projects: SEB does not provide finance to new or expanding unconventional oil and gas projects, which includes tar sands.

5 points for a strong phase-out commitment regarding tar sands companies: SEB will phase-out business relationships with oil and gas companies where more than 5% of revenues are derived from operations relating to unconventional oil and gas, which includes tar sands, by 2030.

2 points for a weak exclusion threshold for tar sands companies: SEB will not enter into new business relationships with companies where more than 5% of revenues are derived from operations relating to unconventional oil and gas, which includes tar sands.

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00
Explanation

The point-based policy ranking above assesses bank policies in four ways:

1) Restriction on direct financing for tar sands projects.

  • None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)

2) Restriction on financing for companies that expand tar sands.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for tar sands.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in tar sands above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its tar sands policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on Arctic oil and gas

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
7
Follower

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0
Sweden
Profile
Score
7
1612134000
Last update: 2021-02-01
Explanation

Total: 7 points out of 18

3 points for a strong exclusion of Arctic oil and gas projects: SEB will not provide finance for exploration or production of Arctic oil and gas.

4 points for a moderate exclusion threshold for Arctic oil and gas companies: SEB will not provide financial services to companies with a revenue share of more than 5% originating from oil and gas related activities in environmentally sensitive areas, including the Arctic. A threshold of 15% is applied for companies that explore and produce Arctic oil and/or gas on the Norwegian Continental Shelf (NCS).

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for Arctic oil and gas projects.

  • None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)

2) Restriction on financing for companies that expand Arctic oil and gas. 

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for Arctic oil and gas.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in Arctic oil and gas above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its Arctic oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on offshore oil and gas

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
3
Laggard

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0
Sweden
Profile
Score
3
1612134000
Last update: 2021-02-01
Explanation

Total: 3 points out of 18

3 points for a strong exclusion of offshore oil and gas projects: SEB will not provide financial services to offshore related fossil assets (drilling rigs, seismic equipment and dedicated fossil extraction offshore support vessels) where revenue from these assets represents more than 5% of an owners' revenue.

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for offshore oil and gas projects.

  • None (0), weak exclusion (1), strong exclusion (3)

2) Restriction on financing for companies that expand offshore oil and gas.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for offshore oil and gas.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in offshore oil and gas above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its offshore oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on fracked oil and gas

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
10
Front runner

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0
Sweden
Profile
Score
10
1612134000
Last update: 2021-02-01
Explanation

Total: 10 points out of 18

3 points for a strong exclusion of fracked oil and gas projects: SEB will not provide financial services to any new or expanding unconventional oil and gas projects, including shale/fracked oil and gas.

5 points for a strong phase-out commitment regarding fracked oil and gas companies: by 2030, SEB will have phased out business relationships with oil and gas companies where more than 5% of revenues are derived from operations relating to unconventional oil and gas, including shale/fracked oil and gas.

2 points for a weak exclusion threshold for fracked oil and gas companies: SEB will not enter new business relationships with companies where more than 5% of revenues are derived from operations relating to unconventional oil and gas, including shale/fracked oil and gas.

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for fracked oil and gas projects.

  • None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)

2) Restriction on financing for companies that expand oil and gas fracking.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for oil and gas fracking.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in oil and gas fracking above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 18 policy points for its fracking policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.

Bank policy scores on other/conventional oil and gas

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
3.5
Laggard

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0
Sweden
Profile
Score
3.5
1612134000
Last update: 2021-02-01
Explanation

Total: 3.5 point out of 30

1.5 points for a weak exclusion of other/conventional oil and gas projects: SEB does not finance seismic fossil exploration, new refineries for transportation fuel, new oil-fired power plants, and new combined cycle gas fired power plants.

1.5 points for the commitment to reduce financing to other/conventional oil and gas companies: SEB adopted an oil and gas strategy to gradually shift away from oil and gas companies that lack a Paris Agreement aligned transition plan.

0.5 point for enhanced due diligence/Equator Principles commitment regarding other/conventional oil and gas companies: SEB is a signatory to the Equator Principles.

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for other/conventional oil and gas projects.

  • None (0), weak exclusion (1.5), strong exclusion (5)

2) Restriction on financing for companies that expand other/conventional oil and gas. 

  • None (0), weak exclusion (3), strong exclusion (7)

3) The bank’s commitment to phase-out financing for other/conventional oil and gas.

  • None (0), financing reduction (1.5), weak phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in other/conventional oil and gas above a certain threshold.

  • None (0), enhanced due diligence/Equator Principles commitment (0.5), weak exclusion threshold (3), strong exclusion threshold (7), full exclusion (10)

A bank can obtain a total of 30 policy points for its other/conventional oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 7.5 points
8 - 15 points
15.5 - 22.5 points
23 - 30 points
For more details see this page.

Bank policy scores on coal financing

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
37
Follower

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0
Sweden
Profile
Score
37
1612134000
Last update: 2021-02-01
Explanation

Total: 37 points out of 80

17 points out of 32 for coal mining policy: see here.

17 points out of 32 for coal power policy: see here.

3 point out of 16 for coal infrastructure: see here.

See: Policy scores Excel sheet

Explanation

For both coal mining and coal power, 32 possible policy points can be obtained, while for other coal,16 possible policy points can be obtained. So a bank can obtain a total of 80 policy points for its coal policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 20 points
20.5 - 40 points
40.5 - 60 points
60.5 - 80 points
For more details see this page.

Bank policy scores on coal mining

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
17
Front runner

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0
Sweden
Profile
Score
17
1612134000
Last update: 2021-02-01
Explanation

Total: 17 points out of 32

6 points for a strong exclusion of coal mining projects: SEB will not provide financial services to new and existing thermal coal mines.

6 points for a moderate phase-out commitment regarding coal mining companies: SEB will exit its current business relationships where more than 5% of the companies' revenues is derived from thermal coal mining by 2025. This commitment is not strong because SEB makes an exception for German coal companies.

5 points for a moderate exclusion threshold for coal mining companies: SEB does not provide financing to companies with a material share of revenues (more than 15%) deriving from thermal coal mining. This company exclusion is not strong because SEB makes an exception for German coal companies.

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal mining projects.

  • None (0), mountaintop removal mining exclusion (0.5), weak exclusion (2), moderate exclusion (4), strong exclusion (6)

2) Restriction on financing for companies that expand coal mining.

  • None (0), weak exclusion (4), strong exclusion (8)

3) The bank’s commitment to phase-out financing for coal mining.

  • None (0), exposure reduction (1.5), financing reduction (3), weak phase-out (4), moderate phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in coal mining above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (3), moderate exclusion threshold (5), strong exclusion threshold (8), full exclusion (10)

A bank can obtain a total of 32 policy points for its coal mining policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 8 points
8.5 - 16 points
16.5 - 24 points
24.5 - 32 points
For more details see this page.

Bank policy scores on coal power

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
17
Front runner

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0
Sweden
Profile
Score
17
1612134000
Last update: 2021-02-01
Explanation

Total: 17 points out of 32

6 points for a strong exclusion of coal power projects: SEB will not provide financial services to new and existing coal-fired power plants.

6 points for a moderate phase-out commitment regarding coal power companies: SEB will exit its current business relationships where more than 5% of the companies' revenues is derived from coal-fired power generation by 2030. This commitment is not strong because SEB makes an exception for German coal companies.

5 points for a moderate exclusion of coal power companies: SEB does not provide financing to companies with a material share of revenues (more than 15%) deriving from coal-fired power generation. This company exclusion is not strong because SEB makes an exception for German coal companies.

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal power projects.

  • None (0), weak exclusion (2), moderate exclusion (4), strong exclusion (6)

2) Restriction on financing for companies that expand coal power.

  • None (0), weak exclusion (4), strong exclusion (8)

3) The bank’s commitment to phase-out financing for coal power.

  • None (0), proportional reduction (1), exposure reduction (1.5), financing reduction (3), weak phase-out (4), moderate phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in coal power above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (3), moderate exclusion threshold (5), strong exclusion threshold (8), full exclusion (10)

A bank can obtain a total of 32 policy points for its coal power policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.

Laggard
Follower
Front runner
Leader
0 - 8 points
8.5 - 16 points
16.5 - 24 points
24.5 - 32 points
For more details see this page.

Bank policy scores on coal infrastructure

BankLast update
Country
Score
Ranking
Details
Skandinaviska Enskilda Banken (SEB)
2021-02-01
SWE
3
Laggard

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0
Sweden
Profile
Score
3
1612134000
Last update: 2021-02-01
Explanation

Total: 3 points out of 16

3 points for a strong exclusion of coal infrastructure projects: SEB will not finance infrastructure projects that are dedicated to thermal coal "such as harbours or terminals of existing harbours, transportation of thermal coal by rail or road, storage of coal (warehouses)."

See: Policy scores Excel sheet

Relevant policies
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal infrastructure projects.

  • None (0), weak exclusion (1), strong exclusion (3)

2) Restriction on financing for companies that expand coal infrastructure.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for coal infrastructure.

  • None (0), exposure reduction (1), weak phase-out (2), strong phase-out (4)

4) The bank’s commitment to exclude companies active in coal infrastructure above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (4), full exclusion (5)

A bank can obtain a total of 16 policy points for its coal infrastructure policy. Based on this score banks are then classified as laggards (0-4 points), followers (4.5-8 points), front runners (8.5-12 points) or leaders (12.5-16 points)

Laggard
Follower
Front runner
Leader
0 - 4 points
4.5 - 8 points
8.5 - 12 points
12.5 - 16 points
For more details see this page.

Tracking the Equator Principles

EPFIs reporting status

BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Skandinaviska Enskilda Banken (SEB)
2020-12-22
SWE
2019
3
3
100
1.01000000004E+38
0
Sweden
Profile
Reporting period
2019
PF deals under EP
3
Project names reported
3
% Project names reported
100
1608591600
Last update: 2020-12-22
Explanation

EP reporting page: https://equator-principles.com/reporting-skandinaviska-enskilda-banken-ab-2019/

Explanation

Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. 

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

New bank climate initiative fails to grasp urgent need to end finance for fossil fuels

Civil society statement on the launch of the Net-Zero Banking Alliance
2021-04-22 | Nijmegen | BankTrack, urgewald, Amazon Watch, Bank on our Future, Indigenous Environmental Network, Market Forces, Positive Money, Rainforest Action Network, Reclaim Finance, ShareAction, Sierra Club
blog
external news
our news

Leading finance firms sign up to Mark Carney forum on low-carbon investment

2021-04-21 | The Guardian
blog
external news
our news

As Nordic banks aim to go greener, lending lags asset management pledges

2021-04-20 | S&P Global
blog
external news
our news

Annual General Meeting SEB: how close is Sweden’s biggest fossil fuel financier to being Paris-aligned?

2021-03-30 | BankTrack
blog
external news
our news

Bankernas investeringar i fossilbolag

2021-02-03 | Studio Ett
blog
external news
our news

Bolund till bankerna: Stoppa fossil utlåning

Storbankerna måste snabbt stoppa finansieringen av projekt som är dåliga för klimatet, annars hotar lagstiftning. Det säger finansmarknadsminister Per Bolund (MP) till TT.
2021-02-02 | Aftonbladet
blog
external news
our news

Förbjud bankernas stöd till fossilbolagen

Bankernas finansiella verksamhet är en blind fläck i det svenska klimatarbetet. Trots Parisavtalet fortsätter svenska banker att låna ut hundratals miljarder kronor till bolag inom kol, olja och gas. Nu måste regeringen täppa till luckan i klimathandlingsplanen så att inte bankerna kan låna ut pengar till fossilbolag som inte vill eller kan ställa om, skriver Naturskyddsföreningen och Sveriges Konsumenter.
2021-02-02 | Expressen
blog
external news
our news

DNB, SEB and Nordea among biggest Scandinavian fossil fuel lenders

2021-02-02 | Environmental Finance
blog
external news
our news

SEB lånar ut miljarder till ”klimatvärstingar”

2021-02-01 | Expressen
blog
external news
our news

Nordic Banks Slow to Cut Lending to Fossil-Fuel Sector: Report

2021-02-01 | Bloomberg
blog
external news
our news

Kalla fakta del 2 - Bankens smutsiga hemlighet

2019 skriver SEB's vd under ett avtal gallande ansvarsfull bankverksamhet som amnar att pressa varldens ledare att stoppa klimathotet. Ett ar senare framkommer det att SEB fortsatt lana ut miljardbelopp till nagra av varldens storsta klimatbovar
2021-02-01 | Tv 4
blog
external news
our news

Storbankerna stänger dörren för fossilbolag: ”Kommer tacka nej till kunder”

Svenska storbanker inför hårdare klimatkrav för att finansiera fossilindustrin. Redan i år kommer SEB att börja fasa ut engagemang i kol-, gas- och oljesektorn, och Swedbank slutar helt med nyutlåning till okonventionell utvinning.
2021-02-01 | Dagens industry
blog
external news
our news

Scandinavian banks poured $67 billion into the fossil fuel industry since Paris

New report finds ongoing finance for coal, oil and gas companies, with little commitments to phase-out from fossil fuels
2021-02-01 | Nijmegen, Copenhagen, Oslo, Stockholm | BankTrack, ActionAid Denmark, Fair Finance Guide Norway, Fair Finance Guide Sweden, Oxfam IBIS
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:
annual reports
2021-03-30 00:00:00

Annual integrated report 2020

2021-03-30 00:00:00 | SEB
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00 | SEB
our publications
2021-02-01 00:00:00

Banking on Thin Ice

Exposing Scandinavian Bank Finance for Fossil Fuels
2021-02-01 00:00:00 | BankTrack, Fair Finance Guide Norway, Fair Finance Guide Sweden, Oxfam IBIS, ActionAid Denmark
annual reports
2020-07-01 00:00:00

Annual report 2019

2020-07-01 00:00:00 | SEB
annual reports
2020-07-01 00:00:00

CSR report 2019

2020-07-01 00:00:00 | SEB
csr policies
2020-04-28 00:00:00

Corporate sustainability policy

2020-04-28 00:00:00 | SEB
annual reports
2019-06-30 00:00:00

Annual report 2018

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

CSR report 2018

Pages from Annual Report, p. 67–73
2019-06-30 00:00:00 | SEB
csr policies
2019-06-13 00:00:00

Tax Policy

2019-06-13 00:00:00 | SEB
other documents
2019-05-20 00:00:00

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
2018-12-31 00:00:00

Sustainability Fact Book and GRI Index

2018-12-31 00:00:00 | SEB
csr policies
2018-11-15 00:00:00

Environmental policy

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

Human rights policy

2018-11-15 00:00:00 | SEB
ngo documents
2018-11-07 00:00:00

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
2018-09-30 00:00:00

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
2018-03-31 00:00:00

Annual report 2017

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

Sustainability report 2017

2018-03-31 00:00:00 | SEB
csr policies
2017-12-05 00:00:00

Code of Conduct

2017-12-05 00:00:00 | SEB
annual reports
2017-06-30 00:00:00

Sustainability report 2016

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

Annual report 2016

2017-06-30 00:00:00 | SEB
ngo documents
2017-05-30 00:00:00

Nordic investments in banks financing Indonesian palm oil

2017-05-30 00:00:00 | Rainforest Foundation Norway, FFG Sweden and FFG Norway
annual reports
2016-03-01 00:00:00

Annual report 2015

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

Sustainability report 2015

2016-03-01 00:00:00 | SEB
csr policies
2015-12-16 00:00:00

Ethics policy

2015-12-16 00:00:00 | SEB
csr policies
2015-11-25 00:00:00

Climate Change Position Statement

2015-11-25 00:00:00 | SEB
ngo documents
2015-06-30 00:00:00

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
2015-04-07 00:00:00

Annual Report 2014

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

Sustainability Report 2014

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

Sector policy for Arms and Defence

2015-04-07 00:00:00 | SEB
correspondence
2014-04-09 00:00:00

Letter from BankTrack to signatory banks on Green Bond Principles

2014-04-09 00:00:00 | BankTrack
annual reports
2014-04-07 00:00:00

Annual Report 2013

2014-04-07 00:00:00 | SEB
annual reports
2012-12-31 00:00:00

Annual Report 2012

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

Sustainability Report 2012

2012-12-31 00:00:00 | SEB
csr policies
2012-03-27 00:00:00

Forestry Policy

2012-03-27 00:00:00 | SEB
other documents
2011-10-19 00:00:00

2011 Global Investor Statement on Climate Change

2011-10-19 00:00:00 | IIGCC, INCR, IGCC, UNEP-FI, PRI
annual reports
2011-04-19 00:00:00

Annual report 2010

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

Sustainability report 2010

2011-04-19 00:00:00 | SEB
csr policies
2011-02-11 00:00:00

Position statement on Child labour

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

Sector policy for Shipping

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

Sector policy for Renewable Energy

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

Sector policy for Mining and Metals

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

Sector policy for Fossil Fuel

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

Sector policy for Forestry

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

Position statement on Fresh Water

2011-02-11 00:00:00 | SEB
correspondence
2010-12-18 00:00:00

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

2010-12-18 00:00:00 | Banktrack
annual reports
2010-05-12 00:00:00

Annual report 2009

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

CSR report 2009

2010-05-12 00:00:00 | SEB
other documents
2008-10-31 00:00:00

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:
  • Carbon Disclosure Project
  • Equator Principles
  • Global Reporting Initiative
  • Green Bond Principles
  • Net-Zero Banking Alliance (NZBA)
  • OECD Guidelines for Multinational Enterprises
  • Principles for Responsible Banking (PRB)
  • Principles for Responsible Investment (PRI)
  • Task Force on Climate-related Financial Disclosures
  • UNEP Finance Initiative
  • United Nations Global Compact
  • Universal Declaration of Human Rights

Investment policies

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

 

Year:
csr policies
2021-02-23 00:00:00

Sector Policy on Fossil Fuels for Skandinaviska Enskilda Banken AB

2021-02-23 00:00:00 | SEB
csr policies
2020-04-28 00:00:00

Corporate sustainability policy

2020-04-28 00:00:00 | SEB
csr policies
2019-06-13 00:00:00

Tax Policy

2019-06-13 00:00:00 | SEB
csr policies
2018-11-15 00:00:00

Environmental policy

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

Human rights policy

2018-11-15 00:00:00 | SEB
csr policies
2017-12-05 00:00:00

Code of Conduct

2017-12-05 00:00:00 | SEB
csr policies
2015-12-16 00:00:00

Ethics policy

2015-12-16 00:00:00 | SEB
csr policies
2015-11-25 00:00:00

Climate Change Position Statement

2015-11-25 00:00:00 | SEB
csr policies
2015-04-07 00:00:00

Sector policy for Arms and Defence

2015-04-07 00:00:00 | SEB
csr policies
2012-03-27 00:00:00

Forestry Policy

2012-03-27 00:00:00 | SEB
csr policies
2011-02-11 00:00:00

Position statement on Child labour

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

Sector policy for Shipping

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

Sector policy for Renewable Energy

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

Sector policy for Mining and Metals

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

Sector policy for Fossil Fuel

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

Sector policy for Forestry

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

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:
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