By following and supporting the Equator Principles Swedbank ensures that projects the bank finance and advise are developed in a manner that are socially responsible and reflect sound environmental management practices.
In Swedbank’s directive on sustainability in lending, the equator principles constitute part of the internal guidelines for risk assessment. The process clarifies that the bank’s business areas are responsible for identifying potential transactions that should be reviewed.
When a transaction is identified, an internal reviewing team is formed. This team consists of representatives from relevant unit where each member has a clear role depending on expertise. If a transaction is assessed as not being aligned with the equator principles, measures need to be taken to ensure compliance for the transaction to be executed.