Svenska Handelsbanken AB
Svenska Handelsbanken's Climate Target Data Preview
As of 2024, Svenska Handelsbanken has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 4 intensity-based targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Svenska Handelsbanken's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | Copy/Paste is a PRO feature.  b | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced | 0000000 | 2030 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per Swedish Krona (SEK) of Enterprise Value Including Cash / Portfolio companies (EVIC) | Copy/Paste is a PRO feature. a | 2030 |
Verified Sources Behind Svenska Handelsbanken’s Climate Targets Data
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Insights into Svenska Handelsbanken's Greenhouse Gas Emissions Pathways
As of 2024, Svenska Handelsbanken has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab
Does Svenska Handelsbanken have a target to reduce the emissions from its operations?
As of 2024, Svenska Handelsbanken has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Svenska Handelsbanken's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 3,057 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a
As of 2024, Svenska Handelsbanken is ahead of schedule on its operational emissions reduction target, having achieved 46.38% of the planned reduction.a
Svenska Handelsbanken's Operational (Scope 1+2) Emissions Pathway
Does Svenska Handelsbanken have a target to reduce the emissions from its value chain?
As of 2024, Svenska Handelsbanken has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.ab
Svenska Handelsbanken's most ambitious value chain target is to reduce these emissions by 72% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2021.ab
Instead of reducing value chain emissions, Svenska Handelsbanken has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.ab