Swedbank AB

Diversified Banks
SWED-A.ST
SEK 167 (2.2)%
Share price
$ 18 bn
Market Cap
$ 77 bn
Enterprise Value

Carbon footprint

0.2 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2021
How is this calculated?
-11%
YOY change in GHG emissions
Weaker than the +4.2% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.4%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2022
How is this calculated?

Swedbank AB aims to reduce all Scopes by 60% by 2030 from a base year 2019


This target has not been verified as science based according to SBTi
Swedbank AB's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Swedbank AB's GHG emissions (location-based) (Kt of CO2e)
Swedbank AB's Carbon intensity (Tons per 1 USDm)

Swedbank AB's carbon footprint

Swedbank AB reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 15 Kt (-1.8 /-10.6% y-o-y). Also positively, carbon intensity declined to 2.8 t (-0.5 /-15.2% y-o-y).

Swedbank AB's Scope 3 emissions decreased to 3.9 Kt (-1.7 /-30.5% y-o-y). This is broadly in line with the declining trend (CAGR -28.3%) since 4Q'17.

The company is committed to reducing all Scopes by 60% by 2030 from a base year 2019, which translates into the estimated reduction of -0.46 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

Show more...
Copyright © 2022 Exerica. All rights reserved.