Svenska Handelsbanken AB

Common Name
Svenska Handelsbanken
Country
Sweden
Sector
Financial Services
Industry
Banks - Diversified
Employees
11,608
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's GHG Emissions Data Preview

In 2023, Svenska Handelsbanken 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).

However, Svenska Handelsbanken has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Svenska Handelsbanken’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 Svenska Handelsbanken’s data sources below and access millions more through our Disclosure Search.

a. Svenska Handelsbanken's Annual Report 2023
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b. Svenska Handelsbanken's Sustainability Data Spreadsheet 2022
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Insights into Svenska Handelsbanken's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Svenska Handelsbanken amounted to 4,795 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 2022, the total operational greenhouse gas (GHG) emissions of Svenska Handelsbanken decreased by 10.39%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Svenska Handelsbanken's Scope 1 Emissions Over Time

201820192020202120222023085170255340tCO2e-2%-40%+1313%-12%-48%
  • Total Scope 1
  • Year-over-Year Change

What are Svenska Handelsbanken's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Svenska Handelsbanken were 154 metric tons of CO₂ equivalent (tCO₂e). a

Has Svenska Handelsbanken reduced its Scope 1 emissions over time?

Since 2018, Svenska Handelsbanken's Scope 1 emissions have increased by 275.61%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Svenska Handelsbanken's Scope 1 emissions decreased by 48.49%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Svenska Handelsbanken's Scope 2 emissions?

In 2023, Svenska Handelsbanken reported Scope 2 greenhouse gas (GHG) emissions of 2,295 tCO₂e using the market-based method and 4,641 tCO₂e using the location-based method. a

Has Svenska Handelsbanken reduced its Scope 2 emissions over time?

Since 2018, Svenska Handelsbanken's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 48.71%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Svenska Handelsbanken's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Svenska Handelsbanken 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Svenska Handelsbanken use for Scope 2 reporting?

In 2023, Svenska Handelsbanken reported its Scope 2 emissions using the market-based method and using the location-based method. a

Svenska Handelsbanken's Scope 2 Emissions Over Time

20182019202020212022202302.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Svenska Handelsbanken's Value Chain Emissions

In 2023, Svenska Handelsbanken reported 6,920 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 2023 disclosure of Svenska Handelsbanken includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Svenska Handelsbanken's Scope 3 Emissions Over Time

20182019202020212022202302.5 k5 k7.5 k10 ktCO2e-5%-27%-14%+29%+8%
  • Total Scope 3
  • Year-over-Year Change

What are Svenska Handelsbanken's Scope 3 emissions?

In 2023, Svenska Handelsbanken reported total Scope 3 emissions of 6,920 metric tons of CO₂ equivalent (tCO₂e). a

Has Svenska Handelsbanken reduced its Scope 3 emissions over time?

Since 2018, Svenska Handelsbanken's Scope 3 emissions have decreased by 15.53%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2022), Svenska Handelsbanken's Scope 3 emissions remained relatively stable, indicating that Svenska Handelsbanken 's emissions have plateaued with no significant change in its value chain footprint. a

Insights into Svenska Handelsbanken's Total Carbon Footprint

In 2023, Svenska Handelsbanken reported a total carbon footprint of 11,715 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.21% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Svenska Handelsbanken's total carbon footprint was Scope 3 emissions, accounting for 59.07% of the company's total carbon footprint, followed by Scope 2 emissions at 39.62%. a

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