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Home › Banks ›
Bank
Swedish Export Credit Corporation (SEK)Sweden

Active

This profile is actively maintained
Last update: 2024-09-13 12:50:22
SEK head office in Stockholm. Photo: Holger.Ellgaard via Wikimedia Commons (CC BY-SA 3.0)

Active

This profile is actively maintained
Last update: 2024-09-13 12:50:22
About
Website http://www.sek.se/en/
Headquarters
Klarabergsviadukten 61-63 SE 101-23
Stockholm
Sweden
CEO/chair Magnus Montan
CEO
Supervisor
Ownership

The SEK is wholly owned by the Swedish Government.

The Swedish Export Credit Corporation (SEK) is Sweden's export credit agency. It was founded jointly by the Swedish government and major Swedish banks in 1962. Since 2003, SEK has been wholly owned by the Swedish Government. It was founded to support Swedish exporters with long term funding. SEK provides export credits, customer finance, trade finance, and project finance, as well as loans through financial institutions and loans in local currencies. SEK adopted the Equator Principles in 2017.

Sustainability
Commitments
Policies
Voluntary standards

SEK's most important sustainability commitments can be found at the website sections listed below.

Links

Sustainability

Responsible credit granting

2024-03-26 00:00:00

Sustainable finance policy

Bank policy
2024-03-26 00:00:00 | SEK
2018-11-20 00:00:00

Code of conduct for suppliers

Date listed represents date as accessed on website
Bank policy
2018-11-20 00:00:00 | SEK
2016-12-31 00:00:00

Code of Conduct

Bank policy
2016-12-31 00:00:00 | SEK
2014-04-30 00:00:00

Environmental Policy

Bank policy
2014-04-30 00:00:00 | SEK
2014-04-30 00:00:00

Anti corruption Policy

Bank policy
2014-04-30 00:00:00 | SEK
2014-04-30 00:00:00

Business Ethics Policy

Bank policy
2014-04-30 00:00:00 | SEK
2014-04-30 00:00:00

Policy on human rights and labour conditions

Bank policy
2014-04-30 00:00:00 | SEK
2012-06-30 00:00:00

OECD Common Approaches

Bank policy
2012-06-30 00:00:00 | SEK
Swedish Export Credit Corporation (SEK) has committed itself to the following voluntary standards:
Equator PrinciplesTags: Equator Principles | project finance | corporate social responsibility | sustainable development
IFC Performance Standard 1: Assessment and Management of Environmental and Social Risks and ImpactsTags: Equator Principles
IFC Performance Standard 4: Community Health, Safety, and Security Tags: Equator Principles | occupational health and safety | pollution control | safety
OECD Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (OECD Common Approaches)Tags: finance | OECD | transparency
UN Guiding Principles on Business and Human RightsTags: United Nations | human rights
United Nations Global CompactTags: United Nations | human rights
News
BankTrack
Partners
Blog
External
Blog
BankTrack news BankTrack blog Partner news Partner blog

New BankTrack Equator Principles reporting tracking tool launched

2020-09-21 | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Regeringen stoppar exportkrediter till fossila verksamheter

(By 2022 the Swedish Export credit agency will no longer be allowed to finance fossil fuel exploration or extraction, article in Swedish)
2019-12-13 | Dagens Nyheter
Resources
Documents
Links
2024-05-14 00:00:00

Annual report 2023

Annual report
2024-05-14 00:00:00 | SEK
2024-03-26 00:00:00

Sustainable finance policy

Bank policy
2024-03-26 00:00:00 | SEK
2023-06-12 00:00:00

Annual report 2022

Annual report
2023-06-12 00:00:00 | SEK
2022-05-03 00:00:00

Annual report 2021

Annual report
2022-05-03 00:00:00 | SEK
2021-04-20 00:00:00

Annual integrated report 2020

Annual report
2021-04-20 00:00:00 | SEK
2020-06-30 00:00:00

Annual integrated report 2019

Annual report
2020-06-30 00:00:00 | SEK
2019-07-31 00:00:00

Annual integrated report 2018

Annual report
2019-07-31 00:00:00 | SEK
2018-11-20 00:00:00

Code of conduct for suppliers

Date listed represents date as accessed on website
Bank policy
2018-11-20 00:00:00 | SEK
2018-03-31 00:00:00

Annual integrated report 2017

Annual report
2018-03-31 00:00:00 | SEK
2017-03-31 00:00:00

Annual report 2016

Annual report
2017-03-31 00:00:00 | SEK
2016-12-31 00:00:00

Code of Conduct

Bank policy
2016-12-31 00:00:00 | SEK
2016-03-31 00:00:00

Annual report 2015

Annual report
2016-03-31 00:00:00 | SEK
2014-04-30 00:00:00

Environmental Policy

Bank policy
2014-04-30 00:00:00 | SEK
2014-04-30 00:00:00

Anti corruption Policy

Bank policy
2014-04-30 00:00:00 | SEK
2014-04-30 00:00:00

Business Ethics Policy

Bank policy
2014-04-30 00:00:00 | SEK
2014-04-30 00:00:00

Policy on human rights and labour conditions

Bank policy
2014-04-30 00:00:00 | SEK
2012-06-30 00:00:00

OECD Common Approaches

Bank policy
2012-06-30 00:00:00 | SEK

Sustainability webpage of SEK

Includes an overview of lending by country, social and environmental review of projects and sustainability reporting.

Accountability
Grievances

SEK operates a channel called SEK SpeakUP System "to report suspected cases of corruption or other offences related to our business", which can be accessed here.

SEK is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.

This page evaluates Swedish Export Credit Corporation (SEK)'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".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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