Active
This profile is actively maintained
Active
This profile is actively maintainedWebsite | http://www.handelsbanken.com |
Headquarters |
Kungsträdgårdsgatan 2
SE-106 70 Stockholm
Sweden
|
CEO/chair |
Carina Akerstrom CEO |
Supervisor | |
Ownership |
listed on Stockholm Stock Exchange
Svenska Handelsbanken's shareholder structure can be accessed here. |
Svenska Handelsbanken AB (Handelsbanken) was founded in 1871 in Stockholm. The bank is a Swedish full-service bank for both private and corporate customers, mainly operating in Sweden, United Kingdom, Denmark, Finland, Norway and the Netherlands.
Links
Svenska Handelsbanken's webpage on corporate social responsibility can be accessed here.
Svenska Handelsbanken is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Svenska Handelsbanken's link to these deals.
Banks and Climate
Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in the Coal Policy Tracker and Oil and Gas Policy Tool. Find further details on their assessment of Svenska Handelsbanken fossil fuel policy below.
Tracking the Net Zero Banking Alliance
Svenska Handelsbanken is a member of the Net Zero Banking Alliance (NZBA) and has therefore committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack track's implementation of these commitments in the NZBA compliance tracker.
This page evaluates Svenska Handelsbanken's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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