Social data

This is a sample of Swedbank's social data. For complete results reporting, download the ESG Factbook.

ESG Factbook 2023 (XLS)

Internal training
	2023	2022	2021
Total number of training hours	543 885	452 216	497 490
Training hours per full-time employee (average FTE)	30	29	32
Training programmes in Ethics (number)	17 281	16 650	16593
Training programmes in Sustainability incl. Climate (number)	4 819	4 647	7 636
Training programmes in Anti-Money Laundering and Counter-Terrorist Financing (number)	17 861	17 039	17 625
Number of advisors with SwedSec license	4 222	3 952	3 976
Number of employees who completed the Annual Knowledge Update (ÅKU)	6 170	5 934	6 298

Employee survey, index
Index	2023	2022	2021
Sustainable Employee Index	86	85	85
Engagement Index	85	84	85
Recommendation Index	44	39	45
Leadership Index	87	86	86

Gender distribution: Managers, Group Executive Committee and Board of Directors
	2023		2022		2021
	Female	Men	Female	Men	Female	Male
All employees	61%	39%	62%	38%	62%	38%
Swedbank’s Board of Directors	45%	55%	42%	58%	36%	64%
Group Executive Committee incl. CEO	40%	60%	33%	67%	33%	67%
Group Executive Committee and their respective management teams	46%	54%	46%	54%	48%	52%
Boards of Directors in the entire Group incl. subsidiaries	41%	59%	42%	58%	39%	61%
Senior executives in the entire Group incl. subsidiaries	38%	62%	34%	66%	51%	49%
Management positions	56%	44%	56%	44%	56%	44%

Gender equality and diversity
	2023	2022	2021
Rate of employee turnover by gender, Men	11%	13%	11.5%
Rate of employee turnover by gender, Women	10%	12%	9.7%
Wage difference: women vs. men, management positions, by country	-27%	-30%	-29%
Wage difference: women vs. men, specialists, by country, Group Total	-28%	-30%	-31%

Sustainable employees
Criteria	2023	2022	2021
Sick leave Sweden	3.4%	3.9%	3.6%
Sick leave Estonia	2.1%	2.8%	2.7%
Sick leave Latvia	3.1%	3.9%	3.2%
Sick leave Lithuania	1.5%	1.8%	1.6%
Sick leave Group	2.9%	3.4%	3.2%
Long-term healthy employees	73.1%	63.9%	67.5%

Labour/management
	2023	2022	2021
Percentage of employees with collective or local agreement or covered by labour law: Sweden	100%	100%	100%
Percentage of employees covered by collective bargaining agreements (100% in Sweden and Lithuania)	58%	57%	58%

Parental leave contributions

10% of salary up to 10 price base amounts and 80% of salary over 10 price base amounts for maximum 360 days or until the child is 18 months old.

100% of the income (subject to social tax earned)* in the preceding 12 calendar months prior to the average length of pregnancy (nine months) but not more than EUR 4733.53 euros per month for the maximum 475 days.

*Compensation from government. More info on Social Insurance Board webpage: Shared parental benefit | Sotsiaalkindlustusamet

43.75% of the average wage in case parent chooses to get state benefit up to 19 months from child's birth or 60% of the average wage if the parent chooses to get state benefit up to 13 months from child's birth.

In addition, the parent gets state benefit of EUR 171 per month until the child reaches 1.5 years of age and EUR 42.69 per month in the period when the child is between 1.5 and 2 years old.

60% of the average wage if the parent chooses to get state benefit up to the day the child reaches the age of 18 months or 45% of the average wage for the first year and 30% of the average year for the second year if the parent chooses to get state benefit up to the day the child reaches the age of 24 months.

Social data

Parental leave contributions

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