SEB ranked best bank in the Nordics by Carbon D...
SEB, the leading Nordic financial institution, has been voted the
best bank in the Nordics for addressing the issue of climate change,
according to an annual survey undertaken by the Carbon Disclosure
Project.
Measures taken by SEB regarding climate change are part of a series
of activities that commenced in 2008 when SEB began to address
sustainability issues on a deeper level.
This year SEB began to offset its carbon footprint through an
investment that provides rural population in the Ningxia Hui region
in China with solar cookers, which use the sun as energy source
instead of fossil fuel. The carbon offset is implemented according to
the UN certification scheme under the Kyoto Protocol and the project
has CDM (Clean Development Mechanism) and Gold Standard quality.
- We are highly ambitious when it comes to our sustainability
performance. This year we became the first Nordic bank to fully
offset our carbon emissions and by 2015, we aim to have cut emissions
by 45 percent, "says SEB's President and CEO Annika Falkengren.
The Carbon Disclosure Project is the world's largest survey of large
corporations' ambitions on climate change. A total of over 2,000
companies responded to this year's survey. At a meeting in Stockholm
on Tuesday the Nordic Report was presented, performed by SIRP at the
Umeå School of Business, and which includes the 200 largest listed
companies in the Nordics.
SEB is a North European financial group serving some 400,000
corporate customers and institutions and five million private
individuals. SEB offers universal banking services in Sweden, Germany
and the Baltic countries - Estonia, Latvia and Lithuania. It also has
local presence in the other Nordic countries, Poland, Ukraine and
Russia and a global presence through its international network in
major financial centers. On 30 June 2009, the Group's total assets
amounted to SEK 2,374bn (~EUR 220bn) while its assets under
management totalled SEK 1,267bn (~EUR 120bn).The Group has about
20,500 employees. Read more about SEB at www.sebgroup.com.
_____________________________________________
For further information, please contact:
Ingrid Jansson, sustainability issues, tel. +46 70-523 68 40
Elisabeth Lennhede, Press & PR, tel. +46 70 763 99 16,
Elisabeth.lennhede@seb.se
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.