Targets and strategies
Swedbank has set Group wide targets for environment and specifically climate which we have identified as one of the most critical and material environmental issues for our business.
Environmental targets in our Sustainable Banking Strategy:
• By 2012 we will have developed a process for sustainability supply chain management, which will be followed-up on yearly basis.
• By 2012 we will carry out a mandatory training for all employees in sustainable banking and our role in society.
• Starting in 2013, and then on a yearly basis, we will present our investment/credit dialogues where human rights, corruption or environmental issues have been addressed and the result of such dialogue, as well as investment/credit decision made where human rights, corruption and climate issues have been determinant
• By 2011 we will allocate the offsetting costs for our emissions to investments in businesses that aim at meeting the climate challenge.
• By 2013 we will reduce emissions by 15% compared to 2010 emissions by working with our energy consumption, business travel, transport, service vehicles, and material consumption throughout our value chain.
• By 2015 we will reduce emissions by 30% compared to 2010 emissions.
• By 2018 we will reduce our emissions by 40% compared to 2010 emissions
• By 2012 we will have developed a process for sustainability supply chain management, which will be followed-up on yearly basis.
• By 2012 we will carry out a mandatory training for all employees in sustainable banking and our role in society.
• Starting in 2013, and then on a yearly basis, we will present our investment/credit dialogues where human rights, corruption or environmental issues have been addressed and the result of such dialogue, as well as investment/credit decision made where human rights, corruption and climate issues have been determinant
• By 2011 we will allocate the offsetting costs for our emissions to investments in businesses that aim at meeting the climate challenge.
• By 2013 we will reduce emissions by 15% compared to 2010 emissions by working with our energy consumption, business travel, transport, service vehicles, and material consumption throughout our value chain.
• By 2015 we will reduce emissions by 30% compared to 2010 emissions.
• By 2018 we will reduce our emissions by 40% compared to 2010 emissions

