SEB strengthens its sector policy on fossil fuels
SEB continues to strengthen its guidelines within the climate area and has adopted an updated sector policy for fossil fuels that sharpens its guidelines to include more areas and clearer standpoints.“Climate change is one of the biggest challenges of our times and as a bank, we have a responsibility for how we conduct our operations,” says Hans Beyer, SEB’s Chief Sustainability Officer. “We now raise our ambition level and take the next step by updating our sector policy on fossil fuels.”In 2019, SEB signed the UN initiative Principles for Responsible Banking. The signing of the