| Website | http://www.swedbank.com |
| Headquarters |
Landsvägen 40
172 63 Sundbyberg
Sweden
|
| CEO/chair |
Jens Henriksson President and CEO |
| Supervisor | |
| Ownership |
listed on Stockholm Stock Exchange
Swedbank's shareholder structure can be accessed here. |
| Subsidiaries |
Swedbank AB is a Nordic-Baltic banking group offering retail banking, asset management, financial, and other services. The banking group was founded in 1997 as Föreningssparbanken AB. The group changed its name to Swedbank AB in September 2006.
Swedbank's web page on corporate social responsibility can be accessed here.
Swedbank 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 Swedbank's link to these deals.
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 Swedbank fossil fuel policy below.
Swedbank 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.
Swedbank does not operate a compaints channel for individuals or communities that might have been affected by the bank's finance.
Stakeholders may raise complaints via the OECD National Contact Point (OECDC Watch).
This page evaluates Swedbank'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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