|Date joined:||10 December, 1996|
|Initiatives:||Principles for Responsible Banking|
In Sweden Swedbank offers its 4.5 million customers matchless access to banking services through the country’s largest retail network, consisting of 477 branches, ATMs, telephone and Internet banking services and the cooperation with the independent savings banks and partly owned banks. Swedish Banking offers a complete range of financial services for private customers, companies, organizations, municipalities and county councils.
Sweden Baltic Banking comprises the operations of the subsidiary Hansabank in Estonia, Latvia, Lithuania and Russia, with 5.0 million customers. Through nationwide branch networks and telephone and Internet banks, Hansabank offers a complete range of products and banking services for private and business customers. Hansabank is the market leader in the most important segments of the rapidly growing Baltic markets in Estonia, Latvia, Lithuania and Russia.
Swedbank & Sustainability
Swedbank has a long tradition of initiatives in the areas of environment and sustainability. The bank
has always been deeply committed to the local communities it serves. From the bank’s start in the first half of the 19th century, the goal has always been to offer financial services for a wide spectrum of people, while also contributing to social development. This is a central component in the bank’s work for long-term, sustainable development.
Based on the concept of sustainability, Swedbank will try to reduce its environmental impact, build long-term customer relations and protect employees, as well as prevent crimes against human rights and promote positive working environments and good business ethics. Sustainability is now being integrated in a clearer way in day-to-day operations.
The bank has ambitious guidelines for ethics, working environments, gender equality and diversity covering all its employees. Swedbank is often the only bank in immigrant-dense areas and today has five multicultural branches in Stockholm, Göteborg, Malmö and Jönköping. In addition, Swedbank’s website has been designed to make it accessible for the visually impaired.
Swedbank also supports the Global Compact and the International Chamber of Commerce Business Charter for Sustainable Development which comprises sixteen Principles for environmental management. Swedbank also participate in the Carbon Disclosure Project.
In early 2003 Swedbanks environmental management system was certified according to the international ISO 14001 standard. As a result, Swedbank became the first Nordic bank with environmental certification.
Swedbank is aware of its environmental impact and provides for example an environmental analysis model which is used when evaluating loan applications. Swedbank also offers environmental loans, environmental and ethical funds, WWF cards, Internet and telephone banking. Swedbank use green electricity and work to reduce the business trips and the consumption of energy and paper.
Swedbank & Sustainability on the web