Svenska Handelsbanken AB

Diversified Banks

SHB-A.ST

SEK 102 0.05

Share price

$ 19 bn

Market Cap

$ 135 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -8.2% weighted average for S&P 500

FY2022

Svenska Handelsbanken AB aims to achieve net zero for Scope 1 + 2 by 2040

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Svenska Handelsbanken AB reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 5.7 Kt (-1.6 /-22.4% y-o-y). Also positively, carbon intensity plunged to 1.1 t (-0.5 /-31.2% y-o-y).

Svenska Handelsbanken AB's Scope 3 emissions grew to 1.5 Kt (+0.14/+10% y-o-y). The performance has been erratic recently.

The company is committed to achieving net zero for Scope 1 + 2 by 2040, which translates into the estimated reduction of -0.3 Kt per annum over the period of FY2022 - FY2040. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	5.7	0.02	5.7	1.5	5,065	1.1
2020Q4	7.3	0.02	7.3	1.3	4,570	1.6
2019Q4	8.7	0.03	8.7	3.7	4,777	1.8
2018Q4	9.4	0.04	9.4	4.1	5,065	1.9
2017Q4	8.9	0.09	8.8	4.2
2016Q4	9.3	0.05	9.3	4
2015Q4	9.4	0.03	9.4	4
2014Q4	11	0.03	11	4.6
2013Q4	12	0.05	12	4.8

Svenska Handelsbanken AB

Carbon footprint

Primary Climate Goal

Svenska Handelsbanken AB aims to achieve net zero for Scope 1 + 2 by 2040

GHG emissions and Carbon intensity

Svenska Handelsbanken AB's carbon footprint

Company environmental metrics