Swedbank AB
Industry Group: Banks
Country/Region: Sweden
Identifier: OME:SWED.A
Swedbank is one of the oldest banks in Sweden, where it derives the lion's share of its income. The bank is the result of merging savings and union banks in Sweden in the aftermath of the financial crisis in the early 1990s in Sweden. The remaining independent savings banks in Sweden remain in close collaboration with Swedbank, acting as an additional product distribution channel to Swedbank and sharing Swedbank's IT systems and part of its development costs. In addition, the bank operates in the three Baltic states: Estonia, Latvia, and Lithuania. Swedbank has a market-leading position in the Baltics, with share ranging from 20% to 55% in retail banking, where it generates 16% of revenue.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Banks 339 out of 1026
Universe
Global Universe 5516 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Standard Bank Group Ltd. |
16.5
Low
|
167 out of 1026 |
CTBC Financial Holding Co., Ltd. |
17.3
Low
|
195 out of 1026 |
Société Générale SA |
18.9
Low
|
240 out of 1026 |
Swedbank AB |
22
Medium
|
339 out of 1026 |
National Bank of Kuwait SAK |
27.1
Medium
|
569 out of 1026 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Swedbank AB's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Swedbank AB's Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for Swedbank AB
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Swedbank AB's ESG Risk Rating in the last three years
Highest Controversy Level