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Svenska HandelsbankenSweden
Active
This profile is actively maintained
Last update: 2024-10-31 14:13:43
Head office Svenska Handelsbanken, Stockholm. Photo: I99pema via Wikimedia Commons (CC BY-SA 3.0)
Active
This profile is actively maintained
Last update: 2024-10-31 14:13:43
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About
| Website | http://www.handelsbanken.com |
| Headquarters |
Kungsträdgårdsgatan 2
SE-106 70 Stockholm
Sweden
|
| CEO/chair |
Michael Green CEO |
| Supervisor | |
| Ownership |
listed on Stockholm Stock Exchange
Svenska Handelsbanken's shareholder structure can be accessed here. |
Svenska Handelsbanken AB (Handelsbanken) was founded in 1871 in Stockholm. The bank services both private and corporate customers, mainly operating in Sweden, United Kingdom, Denmark, Finland, Norway and the Netherlands.
Sustainability
Commitments
Policies
Voluntary standards
Svenska Handelsbanken's most important sustainability commitments can be found at the website sections listed below.
Svenska Handelsbanken has committed itself to the following voluntary standards:
Dodgy Deals
Svenska Handelsbanken is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Svenska Handelsbanken's link to these deals.
Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
Resources
Documents
Links
Accountability
Grievances
Svenska Handelsbanken does not operate a complaints or grievances mechanism for individuals or communities that might have been affected by the bank's finance.
Svenska Handelsbanken is an Equator Principles signatory. While the Equator Principles have no official grievance mechanism, complaints relating to this bank's financing of Equator Principles projects can be filed through our own website www.equator-complaints.org.
This page evaluates Svenska Handelsbanken's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
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Banks and Climate
Banks and Climate
Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Svenska Handelsbanken’s fossil fuel policy below.
Tracking the NZBA
Tracking the Net Zero Banking Alliance
Svenska Handelsbanken is a member of the Net Zero Banking Alliance (NZBA) and has therefore committed to reduce its financed emissions to net zero by 2050; within 18 months of joining the alliance set interim targets for 2030 (or sooner) for high emission priority sectors, and within 36 months set further sector targets; set new intermediary targets every 5 years from 2030 onwards; annually publish data on emissions and progress against a transition strategy including climate-related sectoral policies; and take a robust approach to the role of offsets in transition plans. BankTrack track's implementation of these commitments in the NZBA compliance tracker.
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