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Sustainability report 2019

The Sustainability report describes how Handelsbanken worked with sustainability in 2019.

Look forward and see the opportunities

Carina och Camilla står och diskuterar Hållbarhetsrapporten

Carina Åkerström, CEO Handelsbanken:

- The fact that we have a long-term approach to all our relationships means, for example, that we can keep a steady course, regardless of the state of the business cycle or the world around us. This gives us a stable foundation on which to build our sustainability work.

Camilla Johansson, acting Head of Sustainability Handelsbanken:

- Sustainability is a very broad topic, though the main focus today is on the environment and climate. Alongside the climate, the main challenges range from human rights and corporate governance to the importance of preventing corruption and money laundering. This means that, just like other industries, we need to look at sustainability from several perspectives.

Read Carina's and Camilla's entire conversation in the sustainability report.


What happened in 2019?

In 2019, we implemented enhanced sustainability criteria for how our mutual funds invest. We also made it possible for people who live in an environmentally certified building to take out a green mortgage at Handelsbanken. Our Swedish corporate customers named us the most sustainable brand among banks, and we are the only Nordic bank included in the prestigious SAM Sustainability Yearbook. These are a couple of examples of achievements we are particularly proud of in the past year. In 2020, we will strive to become even better, as our customer expectations rise and employee ambition levels continue to grow.

Efforts to prevent financial crime

We intensified our work with preventing financial crime in 2019. To further improve our work in this area we will continue to invest in expertise as well as new technology.

Enhanced sustainability criteria for funds

Having over SEK 600 billion in fund volume under management, we have a big responsibility, which is something we take seriously. Among other things it means that we exclude controversial sectors whose products and services negatively impact our climate and our environment. Instead we focus on finding companies that contribute to achieving necessary climate goals.

Green mortgage loans

At the end of 2019, we launched green mortgage loans for private customers in Sweden. At year-end, green mortgage loans had been granted for a total amount of SEK 602 million. We hope this will help raise the level of interest in energy-efficient or environmentally certified housing and make it easier for our customers to make sustainable choices.

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Sustainable Development Goals

The Sustainable Development Goals are a guiding principle for all our sustainability work at Handelsbanken. Our main contributions to the goals are indirect, through our financial services and products. For example in asset and pension management, our products are clearly linked to several of the Sustainable Development Goals.

Initiatives we support

In late 2019, we were one of 130 banks to sign the UN Principles for Responsible Banking (PRB). We continue to support and work with international initiatives such as the Sustainable Development Goals (SDGs) in the 2030 Agenda, the United Nations Global Compact and the Principles for Responsible Investment (PRI).

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Sustainability in Handelsbanken

Our sustainability work encompasses the whole of the Group’s operations in all markets.

Sustainability