Sustainability is core for Swedbank. We were founded almost 200 years ago by people who believed in a vision that is rooted in sustainability: we enable people, businesses and society to grow.
We are firmly committed to contributing to a sound and sustainable development for our customers, employees, owners, investors and society at large. That’s why all aspects of sustainability need to be integrated in our daily business. That is the only way to build long-term financial value. It is the only way to promote a sound and sustainable financial situation for the many households and businesses.
Our starting point is the need to create a positive impact through our business. The UN’s Global Goals – the Sustainable Development Goals (SDGs) – will guide our work and steer how we deliver impact through our business towards 2030. We will continue to be a leader for systemic change, providing innovative solutions that inspire and empower people and businesses to make sustainable choices (for example, green bonds, financing sustainable real estate and renewable energy and sustainable funds).
A sustainable bank with ambitions
We have ambitions to be ranked as one of the world’s most sustainable companies in our industry. Swedbank’s responsibility for sustainable development starts with the way we do business. We are and shall continue to be a profitable, well-capitalised bank with a clear low-risk profile. Swedbank is part of the financial infrastructure that is key to a well-functioning society. Through careful management of the sustainability related risks and opportunities in our business we will build a better future together with our customers. We factor ethical, social, environmental and economic considerations into all of our business decisions, operations and business development. Sustainability is integrated through four main perspectives:
- Financial sustainability – promoting a sound and sustainable economy by strengthening the bank’s and our customers’ long-term competitiveness.
- Social sustainability – contributing to society’s development through all our businesses by actively promoting human rights, fair working conditions, diversity and gender equality.
- Environmental sustainability – contributing to sustainable use of the planet’s finite resources and reducing greenhouse gas emissions in all our businesses.
- Ethical sustainability – applying Swedbank’s Code of Conduct, values and culture as a starting point for decision-making and how we behave.