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Created on: 2017-06-26 14:09:23
Last update: 2021-10-30 00:00:00
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About Swedish Export Credit Corporation (SEK)
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, and is profiled as part of BankTrack's Tracking the Equator Principles campaign.
Klarabergsviadukten 61-63 SE 101-23
Magnus Montan |
|Annual report||Annual integrated report 2020|
The SEK is wholly owned by the Swedish Government.
|Complaints and 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.
Tracking the Equator Principles
EPFIs reporting status
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
Voluntary standardsSwedish Export Credit Corporation (SEK) has committed itself to the following voluntary standards:
- Equator Principles
- IFC Performance Standard 1: Assessment and Management of Environmental and Social Risks and Impacts
- IFC Performance Standard 4: Community Health, Safety, and Security
- OECD Recommendation of the Council on Common Approaches for Officially Supported Export Credits and Environmental and Social Due Diligence (OECD Common Approaches)
- UN Guiding Principles on Business and Human Rights
- United Nations Global Compact
SEK's webpage on corporate social responsibility can be accessed here.