Swedbank AB
Swedbank's GHG Emissions Data Preview
In 2023, Swedbank 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, Swedbank has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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.  a | 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.  a | 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.  a | 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. | 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.  a | 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.  a | 0000000 |
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Verified Sources Behind Swedbank’s Greenhouse Gas (GHG) Emissions Data
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Insights into Swedbank's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Swedbank amounted to 9,994 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 Swedbank decreased by 31.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Swedbank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Swedbank's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Swedbank were 692 metric tons of CO₂ equivalent (tCO₂e). a
Has Swedbank reduced its Scope 1 emissions over time?
Since 2019, Swedbank's Scope 1 emissions have decreased by 32.16%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Swedbank's Scope 1 emissions increased by 11.25%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Swedbank's Scope 2 emissions?
In 2023, Swedbank reported Scope 2 greenhouse gas (GHG) emissions of 3,678 tCO₂e using the market-based method and 9,302 tCO₂e using the location-based method. a
Has Swedbank reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Swedbank's Scope 2 emissions (Location-Based) fell by 33.55% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does Swedbank use for Scope 2 reporting?
In 2023, Swedbank reported its Scope 2 emissions using the market-based method and using the location-based method. a
Swedbank's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into Swedbank's Value Chain Emissions
In 2023, Swedbank reported 15,407 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 Swedbank includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
Swedbank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Swedbank's Scope 3 emissions?
In 2023, Swedbank reported total Scope 3 emissions of 15,407 metric tons of CO₂ equivalent (tCO₂e). a
Has Swedbank reduced its Scope 3 emissions over time?
Since 2019, Swedbank's Scope 3 emissions have decreased by 99.82%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Swedbank's Scope 3 emissions decreased by 99.7%, highlighting the company's efforts to lower indirect emissions from its value chain. a
Insights into Swedbank's Total Carbon Footprint
In 2023, Swedbank reported a total carbon footprint of 25,401 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 99.5% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Swedbank's total carbon footprint was Scope 3 emissions, accounting for 60.66% of the company's total carbon footprint, followed by Scope 2 emissions at 36.62%. a