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The Group is taking measures to reduce the direct impact of its operations on the environment. For example, Swedbank has used "Good Green Buy"-labelled electricity throughout its Swedish operations since 2001, it also prints on and uses eco-labelled paper and encourages its employees to travel by train. Swedbank works actively to reduce its environmental impact and take responsibility.
The information below concerns the Swedish operations. All units are metric.
| |
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
| Office space |
377,611 sqm |
376,748 sqm |
283,105 sqm |
410,327 sqm |
- |
- |
| |
|
|
|
|
|
|
| Paper (purchased volume, tons) |
1,143 |
1,202 |
1,197 |
1,380 |
1,472 |
969 |
| |
|
|
|
|
|
|
| Green electricity (GWh) |
47.8 |
50.3 |
49,3 |
52,8 |
49,5 |
48,9 |
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|
|
|
|
|
|
| Business travel, by car (km) |
5,911,155 |
7,746,750 |
8,562,203 |
9,809,498 |
8,625,660 |
10,007,976 |
CO2 (tons) |
1,040 |
1,455 |
1,711 |
1,935 |
1,712 |
2,008 |
| Business travel, by air (km) |
16,563,150 |
18,817,560 |
13,864,877 |
11,403,906 |
6,709,875 |
11,356,356 |
CO2 (tons) |
2,534 |
2,573 |
2,271 |
1,867 |
1,203 |
8,490 |
| Business travel, by train (km) |
6,431,000 |
5,089,380 |
5,046,093 |
5,395,710 |
5,553,000 |
6,152,608 |
CO2 (kg) |
38 |
29 |
29 |
29 |
28 |
40 |
Total travel
(tons) |
3,574 |
4,028 |
3,982 |
3,801 |
2,915 |
2,856 |
Security transports
(km) |
3,191,000 |
1,921,000 |
2,133,000 |
2,133,000 |
1,872,000 |
1,560,000 |
CO2 (tons) |
709 |
461 |
512 |
512 |
421 |
352 |
Total transports
(tons) |
4,283 |
4,489 |
4,494 |
4,313 |
3,336 |
3,208 |
Indirect environmental impact
The bank's indirect environmental impact is primarily determined by customers' chioces of products and services, and the ways in which the customers use the bank. Through internal efforts as well as through customers and suppliers, Swedbank tries to reduce its impact on the environment.
An environmental analysis in the granting of corporate loans is an example of an area where the bank has a considerable, indirect environmental impact. Such analyses provide a means whereby the bank can avoid granting credit where there are real and significant threats to the environment. Environmental analyses are thus an integral part of business assessments. Examples of the risks the environmental analyses take into consideration include elevated environmental taxes, new demands from governmental bodies, legislation, the possibility of customer boycotts, environment-related demands from customers, the risk of environmental accidents and the risk of land contamination. Environmental analyses can also demonstrate that, from the environmental and business standpoints, it is correct to provide finance for investments aimed at improving a company’s environmental impact. Furthermore, analyses can show that even wherea grant seems to result in an initially negative impact on the environment, the decision to invest may be sound.
By supplying products and services with a special focus on ethics/the environment and, in addition, carrying out an environmental analysis when considering loan applications or making investments, the bank can influence other companies’ environmental initiatives. Furthermore, offering banking services via the Internet is one example of how customer trips to and from branch offices can be minimized. All together, these count as Swedbank’s indirect environmental impact.
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