In 2025, 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) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 54,982a | 58,801a | 58,160a | |
Total Scope 2 | ||||
Market-Based | 148,986a | 161,749a | 108,110a | |
Location-Based | 144,913a | 153,191a | 146,064a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 31,803,179a | 32,295,188a | 30,864,604a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.7246a | 6.836a | 6.5634a |
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In 2025, the total operational greenhouse gas (GHG) emissions of SEB amounted to 199,895 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 2024, the total operational greenhouse gas (GHG) emissions of SEB decreased by 5.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of SEB were 54,982 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, SEB's Scope 1 emissions have decreased by 29.97%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), SEB's Scope 1 emissions decreased by 6.49%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, SEB reported Scope 2 greenhouse gas (GHG) emissions of 148,986 tCO₂e using the market-based method and 144,913 tCO₂e using the location-based method.a
Since 2021, SEB's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 20.02%, reflecting a declining long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2024), 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
In 2025, SEB reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, SEB reported 31,803,179 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 2025 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 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, SEB reported total Scope 3 emissions of 31,803,179 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 16.08% of these emissions originated from upstream activities such as purchased goods and capital goods, while 83.92% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, SEB's Scope 3 emissionshave remained relatively stable, indicating that SEB's emissions have plateaued with no significant change in its value chain footprint.a
Compared to the previous year (2024), 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
In 2025, 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.
In 2025, the largest contributors to SEB's Scope 3 emissions were:a
In 2025, SEB reported Scope 1 greenhouse gas (GHG) emissions of 54,982 tCO₂e and total revenues of USD 9,605 millions. This translates into an emissions intensity of 5.72 tCO₂e per millions USD.a
In 2025, SEB reported a Scope 1 emissions intensity of 5.72 tCO₂e per millions USD. Compared to the peer group median of 7.45, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2025, SEB ranked 9 out of 23 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
In 2025, SEB reported a total carbon footprint of 32,003,074 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.55% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to SEB's total carbon footprint was Scope 3 emissions, accounting for 99.38% of the company's total carbon footprint, followed by Scope 2 emissions at 0.45%.a