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Sustainability

Our approach to sustainability

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At Handelsbanken we understand the impact we have on society, the environment and the financial market. Taking responsibility and taking a long term view are core values that have guided our work over many decades.

Strong and lasting business relationships, low risk-taking and cost-awareness are all cornerstones of our culture. This kind of sustainable thinking has been integrated in how we do business for so long that it has become natural to us. Our financial strength and duty to be a responsible tax payer helps us avoid becoming a burden on society when times get tough. Instead, we positively contribute to society by being financially stable. We always want to be close to the communities we operate in, and the customers.

We have a significant responsibility and we take that responsibility.

How we worked with sustainability in 2024

Our sustainability report

The Sustainability Report describes how we at Handelsbanken worked with sustainability issues in 2024. It is included as part of the Annual and Sustainability Report.

Facts about how we work with sustainability

We work continuously to integrate sustainability into our business by offering financial products, services and advice that help our customers make sustainable choices and prepare for both current and future regulations. Our sustainability report complies with the European Sustainability Reporting Standards (ESRS), and sustainability is a natural part of our way of doing business. With a long-term perspective and close customer relationships, we have previously had overarching sustainability goals that are now integrated into our daily work and business goals, creating a solid foundation for responsible business development and sustainable growth.

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Financing

How and what we finance as a bank can have a large impact on the society. We have clear policies for our business relations regarding areas such as human rights, working conditions, as well as in an environmental and climate-related context.

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Investments

As a bank, we have a great responsibility when it comes to how we take care of our customers' savings. Our goal is to generate long-term returns for our customers, and at the same time contribute to a more sustainable future. This requires that we invest in a sustainable and responsible manner. That is why environmental, social and governance factors are key in our investment process.

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Advisory services

Our success depends a lot on the trust of our customers and society. We have earned that by acting responsibly when we provide advice on mortgages, financing and investments, among other things. Being a relationship bank, built on satisfied customers and long-term relationships, we offer responsible advisory services as an important part of our sustainability work.

Responsible business

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Handelsbanken must act responsibly in everything it does. From being a responsible taxpayer, countering financial crime and upholding human rights, to being a financially stable bank and safeguarding customers' personal data and their financial health.

Our sustainability work also include how we act as an employer. Gender equality, diversity and an inclusive corporate culture are part of our core values and shall be a natural part of the daily operations. Our employees various backgrounds and experiences enable us all to contribute to the operations with different perspectives.

Environment and climate

We have an important role in the transition to a more sustainable economy and work actively to reduce both our own and our customers' climate impact. Through sustainable financing solutions, investments and advice, we help our clients adapt to new regulations and strengthen their long-term resilience. We follow up climate risks through stress tests and scenario analyses to understand how changes in the climate and new requirements can affect both us and our customers. At the same time, we are working to reduce our own energy consumption and emissions, with the goal of halving our direct emissions by 2030.

Please read more about indirect and direct impact and what we do to reduce our climate impact.

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Handelsbanken and the Sustainable Development Goals

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The Sustainable Development Goals were adopted by the UN General Assembly in September 2015. They consists of 17 goals, which aim at achieving sustainable social, environmental and financial development. We have chosen to focus on six of these goals, all of which are related to our core business.

Contact us

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Contact us by e-mail if you have any questions regarding Handelsbanken's sustainability work.

Group e-mail: sustainability@handelsbanken.se