Swedbank has signed the UN Principles for Responsible Banking
As part of integrating sustainability into business operations, Swedbank has signed the UN Principles for Responsible Banking. The principles aim to align the financial sector with the UN Sustainable Development Goals and the Paris Climate Agreement.
The Principles for Responsible Banking were presented in November 2018, and will officially be launched on the 22nd of September 2019 during the UN General Assembly. As of today, 124 banks worldwide have committed to become an official “Signatory” of the UNEP FI's Principles for Responsible Banking.
“We actively and continuously work to integrate sustainability throughout our whole business. The UN's principles for responsible banking are well aligned with the Bank's fundamental commitment to sustainability, where we want to create long-term value for all our stakeholders and contribute to a more sustainable society”, says Anders Karlsson, acting President and CEO of Swedbank.
The UNIEP FI’s Principles for Responsible Banking aspire to create a global movement; placing banks in an active role to contribute and help speed up positive and sustainable change for individuals, businesses and society.
“The principles give us banks an active role in sustainability issues. It includes both how we work with climate change, how we need to be clearer about both the progress and challenges we have and how we in a concrete way help customers make sustainable choices. As an example, we already offer financing of solar panels and green living but we need to speed up the development considerably”, says Fredrik Nilzén, Head of Group Sustainability Swedbank.
Link to more information about Swedbank’s sustainability work (website).
Link to UNIEP FI’s Principles for Responsible Banking.
Contact:
Fredrik Nilzén, Head of Group Sustainability, Swedbank, ph: +46 (0)76 773 19 26
Carina Sesser Nylund, press contact, Swedbank, ph. +46 (0)72 230 52 64
Swedbank encourages a sound and sustainable financial situation for the many households and businesses. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 600 000 corporate customers and organisations with 172 branches in Sweden and 122 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 30 June, 2019 the group had total assets of SEK 2 280 billion. Read more at www.swedbank.com
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