Skandiabanken’s operations are conducted in Sweden and all their services are through digital banking or phone services. The bank has one focus whic is on private individuals, and offers payment services, services for trading in securities, deposits and lending in the form of home loans, private loans, account and card credits.

As a sustainable business, Skandia is to act responsibly and to contribute to sustainable value creation through services that contribute to positive effects for customers, society and the climate. Skandiabanken offers a large range of funds that meets customers’ different sustainability preferences, and a transparent pricing model for mortgages gives customers an interest discount without having to negotiate. The bank also provides financing and discounted mortgages for those who upgrade their house with a sustainable energy solution. As a digital player without customer offices, Skandiabanken continues to redirect to an even more digital customer communication, which also reduces the direct climate impact from the business.

With the knowledge within the UNEP FI and joint ambition that the Principles of Responsible Banking brings, the banking industry can together actively take responsibility for accelerating positive and sustainable changes. This is a natural next step for Skandiabanken’s sustainability agenda and the principles will guide the bank’s work forward.