SEB sets net-zero aligned target for its credit portfolio

In line with its sustainability strategy and commitment to the Net-Zero Banking Alliance (NZBA), Skandinaviska Enskilda Banken (SEB) is setting net-zero aligned 2030 interim targets for specific sectors in its credit portfolio. Skandinaviska Enskilda Banken, abbreviated SEB, a northern European financial services group is headquartered in Stockholm, Sweden. The targets focus on the areas where SEB can achieve the greatest positive impact and cover it’s lending commitments to the oil & gas, power generation, steel, car manufacturing, and Swedish household mortgage sectors.