SEB SA
SEB's GHG Emissions Data Preview
In 2024, SEB completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
SEB has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified Sources Behind SEB’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore SEB’s data sources below and access millions more through our Disclosure Search.
Insights into SEB's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of SEB amounted to 211,978 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of SEB increased by 3.8%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
SEB's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are SEB's Scope 1 emissions?
In 2024, the total Scope 1 emissions of SEB were 58,801 metric tons of CO₂ equivalent (tCO₂e). a
Has SEB reduced its Scope 1 emissions over time?
Since 2021, SEB's Scope 1 emissions have decreased by 25.1%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), SEB's Scope 1 emissions increased by 1.1%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are SEB's Scope 2 emissions?
In 2024, SEB reported Scope 2 greenhouse gas (GHG) emissions of 161,738 tCO₂e using the market-based method and 153,177 tCO₂e using the location-based method. a
Has SEB reduced its Scope 2 emissions over time?
Since 2021, SEB's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 15.46%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), SEB's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that SEB 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does SEB use for Scope 2 reporting?
In 2024, SEB reported its Scope 2 emissions using the market-based method and using the location-based method. a
SEB's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into SEB's Value Chain Emissions
In 2024, SEB reported 13,766,308 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of SEB includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
SEB's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are SEB's Scope 3 emissions?
In 2024, SEB reported total Scope 3 emissions of 13,766,308 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 38.39% of these emissions originated from upstream activities such as purchased goods and capital goods, while 61.61% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has SEB reduced its Scope 3 emissions over time?
Since 2021, SEB's Scope 3 emissions have decreased by 13.69%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), SEB's Scope 3 emissions remained relatively stable, indicating that SEB 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does SEB disclose?
In 2024, SEB reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of SEB's Scope 3 emissions?
In 2024, the largest contributors to SEB's Scope 3 emissions were: a
- Use of Sold Products (Cat. 11): 8,439,316 tCO₂e (61.3%)
- Purchased Goods and Services (Cat. 1): 4,570,776 tCO₂e (33.2%)
- Upstream Transportation and Distribution (Cat. 4): 277,458 tCO₂e (2.02%)
SEB's Scope 3 Emissions by Categories
Insights into SEB’s GHG Emissions Intensity Compared to Industry Peers
In 2024, SEB reported Scope 1 greenhouse gas (GHG) emissions of 58,801 tCO₂e and total revenues of USD 8,602 millions. This translates into an emissions intensity of 6.84 tCO₂e per millions USD. a
SEB's Scope 1 Emissions Intensity Compared to Peers
How does SEB's GHG emissions intensity compare to its peers?
In 2024, SEB reported a Scope 1 emissions intensity of 6.84 tCO₂e per millions USD. Compared to the peer group median of 3.61 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does SEB rank on GHG emissions intensity within its industry?
In 2024, SEB ranked 17 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
SEB is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into SEB's Total Carbon Footprint
In 2024, SEB reported a total carbon footprint of 13,978,286 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.52% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to SEB's total carbon footprint was Scope 3 emissions, accounting for 98.48% of the company's total carbon footprint, followed by Scope 2 emissions at 1.1%. a