Svenska Handelsbanken AB

Common Name
Svenska Handelsbanken
Country
Sweden
Sector
Financial Services
Industry
Banks - Diversified
Employees
11,799
Ticker
SHB A
Exchange
NASDAQ STOCKHOLM AB
Description
Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, and internationally...

Svenska Handelsbanken Energy Data Preview

In 2023, Svenska Handelsbanken disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Svenska Handelsbanken also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Svenska Handelsbanken also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Svenska Handelsbanken also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Svenska Handelsbanken's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Svenska Handelsbanken's Energy Renewability

In 2023, Svenska Handelsbanken consumed a total of 254,736 Gigajoules of energy across its operations. Of this total, 38.91% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 61.09% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Svenska Handelsbanken's Energy Renewability Rate

39%

How much of Svenska Handelsbanken's energy consumed is renewable?

In 2023, Svenska Handelsbanken consumed a total of 254,736 Gigajoules of energy, of which 38.91% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This moderate level of renewable energy adoption indicates that Svenska Handelsbanken is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Svenska Handelsbanken's energy practices becoming more sustainable?

Since 2021, Svenska Handelsbanken's total energy consumption decreased by 14.99%, including a further 6.05% drop in 2023, highlighting a continued decline in energy use.

Over the same period, the share of renewable energy decreased by 5.33%, and then stabilized in 2023, indicating a halt in further decline without signs of active improvement.

Overall, Svenska Handelsbanken’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Svenska Handelsbanken's Renewable vs Non-renewable Energy Over Time

194.15 k94.15 k5.85 k194.15 kGigajoules (GJ)20212022202341%39%39%59%61%61%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Svenska Handelsbanken's Energy Consumption & Production Mix

In 2023, Svenska Handelsbanken disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Svenska Handelsbanken's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Svenska Handelsbanken's Energy Consumed by Sources and Technologies

Cooling(Unspecified Source)and Heat(Unspecified Source)(61.1%)Hydropower and WindEnergy(38.9%)

What are the main sources and generation technologies behind Svenska Handelsbanken's energy consumption?

In 2023, Svenska Handelsbanken's total energy consumption was primarily sourced from

  • Cooling (Unspecified Source) and Heat (Unspecified Source) (61.09%)
  • Hydropower and Wind Energy (38.91%)

How diverse is Svenska Handelsbanken’s energy consumption mix?

In 2023, Svenska Handelsbanken consumed energy from 2 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

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