Swedbank AB

Common Name
Swedbank
Country
Sweden
Sector
Financial Services
Industry
Banks - Regional
Employees
16,933
Ticker
SWED A
Exchange
NASDAQ STOCKHOLM AB
Description
Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and...

Swedbank Waste Data Preview

In 2023, Swedbank conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Swedbank's Waste Treatment Practices

In 2023, Swedbank generated a total of 1,067 metric tonnes of waste.

Of this amount, 50.89% of Swedbank's total waste generated was recovered through methods such as recycling, reuse, or composting, while 49.11% was disposed of through landfilling, incineration, or combustion.

Swedbank's Waste Recovery Rate

51%

How much of Swedbank's waste is recycled or recovered?

In 2023, Swedbank reported a total waste generation of 1,067 metric tonnes, of which 50.89% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Swedbank is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Swedbank reduced its environmental waste footprint over time?

Since 2021, Swedbank's total waste generation decreased by 12.54%, including a further 15.45% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Swedbank's waste recovery rate increased by 7.79%, but declined by 9.54% in 2023, potentially signaling volatility in waste treatment processes or shifting priorities in waste management.

Overall, Swedbank’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Swedbank’s Waste Recovery vs. Disposal Over Time

20212022202303507001.05 k1.4 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Swedbank’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Swedbank generated a total of 1,067 metric tonnes of waste.

Of this amount, 0.37% of Swedbank's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 99.63% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Swedbank’s Hazardous vs Non-Hazardous Waste Over Time

20212022202303507001.05 k1.4 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Swedbank reduced the environmental impact of its waste?

Since 2021, Swedbank's total waste generation decreased by 12.54%, with an additional 15.45% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.

Over the same period, the share of hazardous waste in Swedbank's total output increased by 107.89%, including a further 31.42% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, Swedbank's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

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