SEB SA
SEB EU Taxonomy Data Preview
In 2024, SEB was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
SEB has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of SEB are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into SEB's Revenues from Sustainable Activities
In 2024, SEB reported EU Taxonomy-eligible revenues of EUR 3.47 billion, representing 42% of its total turnover. Of this amount, EUR 87.47 million of SEB's revenues was classified as EU Taxonomy-aligned, indicating that 1% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
How much of SEB's revenue is eligible under the EU Taxonomy?
In 2024, SEB reported that EUR 3.47 billion of its revenue was eligible under the EU Taxonomy, representing 42% of the company's total turnover. Of this amount, EUR 87.47 million (1% of total revenue) was classified as Taxonomy-aligned. This means that 41% of SEB's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of SEB's eligible revenue is aligned with the EU Taxonomy?
In 2024, SEB reported that EUR 87.47 million of its revenue was aligned under the EU Taxonomy, representing 1% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
SEB's Eligibility & Alignment Overview
SEB's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is SEB's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, SEB reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 0%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 1%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does SEB earn from selling climate-related solutions ?
In 2024, SEB reported that EUR 0 of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0% of the company's total revenue, indicating that SEB has limited exposure on solutions that support climate action through its commercial activities.
Insights into SEB's CAPEX from Sustainable Activities
In 2024, SEB reported EU Taxonomy-eligible CAPEX of EUR 153,600, representing 46.9% of its total CAPEX. Of this amount, EUR 7,500 of SEB's CAPEX was classified as EU Taxonomy-aligned, indicating that 2.3% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
SEB's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have SEB's increased its investment in sustainable activities over time?
Compared to the previous year (2023), SEB's taxonomy-aligned CAPEX decreased by 28.13%, suggesting that SEB may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
How much of SEB's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, SEB reported that EUR 153,600 of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 46.9% of the company's total CAPEX. Of this amount, EUR 7,500 (2.3% of total CAPEX) was classified as Taxonomy-aligned. This means that 44.6% of SEB's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of SEB's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, SEB reported that EUR 7,500 of its CAPEX was aligned under the EU Taxonomy, representing 2.3% of its total capital investment.
This low alignment reflects that SEB is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
SEB's Eligibility & Alignment Overview
SEB's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is SEB's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, SEB reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 2.3%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much SEB is investing in climate-related solutions?
In 2024, SEB allocated EUR 7,533 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 2.3% of the company's total capital expenditure, indicating that SEB has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
Insights into SEB's OPEX from Sustainable Activities
In 2024, SEB reported EU Taxonomy-eligible OPEX of EUR 0, representing 0% of its total operating expenses (OPEX). Of this amount, EUR 0 of SEB's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).