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Select an assessment year:

  • Overall approach
    1/10
    • Overarching commitment on deforestation
      0/6
    • Deforestation as a business risk
      0/1
    • Target to reduce emissions in scope 1/2
      Reduce emissions
      Yes
      0/0
      Type of climate target: Net-zero emissions

      Is the financial institution's climate target aligned with SBTi?: Yes

      What is the target date for the financial institution to achieve their climate target?: 2050
      "Greenhouse gas emissionsReduce Swedbank’s direct greenhouse gas emissions by 60% in 2019-2030 (scope 1, 2 and 3).Achieve net-zero emissions by 2050 at the latest, align our lending and investment activities with the 1.5-degree temperature goal, and set interim targets for 2030 (or sooner)."
    • Clients/holdings must have anti-corruption policy
      0.0/1
    • Collaborative finance sector initiatives
      1/2
      Collaborative initiatives
      Yes, involved in a collaborative finance sector initiative focused on deforestation
      1/2
      Which initiative?: Finance for Biodiversity Pledge ; Cerrado Manifesto Statement of Support, Finance for Biodiversity Pledge, Financial Institution Statement ahead of the Convention on Biological Diversity COP15, Investor Working Group on Sustainable Palm Oil

      Does the financial institution engage ESG data providers on the need for better data on deforestation?: No

      In which location?: Global

      Is a 2025 target date encouraged within the collaborative initiative(s)?: No
      "A year ago, Swedbank Robur signed the Finance for Biodiversity Pledge. The network grew during the year from 37 to over 80 banks, asset managers and insurance companies. Three working groups were formed to provide guidance on among other things risk assessments and dialogues with companies on biodiversity"
    • Nature/people-positive investment
  • Commodity score
    10/90
    • Beef & Leather
      6/90
      • Policy Strength
        0/28
        • Commodity-specific deforestation financing policy
          0/8.8
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must be legally operated
          0/2.8
          • Commitment details
            No commitment
            0/2
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must monitor operations
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        2/27
        • Clients/holdings must test Free, Prior and Informed Consent
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must have a grievance mechanism
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect labour rights
          1.8/3.8
          • Commitment details
            Clients/holdings own operations - Encouraged
            1/3
            Commitment details
            Clients/holdings own operations - Encouraged
            1/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        4/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant clients/holdings
          No
          0/5
        • Engagement with non-compliant companies
          0/0
        • Reporting on implementation of the policy
          No
          0/6
        • Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Green financing product with deforestation/conversion requirements
          Yes
          2/2
          What does green finance product cover, e.g. financially, size: NA

          Is this a clear part of the transition to fully DCAF financing?: No
          "Swedbank’s issuance of green bonds is a part of our overall sustainability approach, and to support our clients in making positive environmental impacts within the fields of renewable energy, energy efficiency, green buildings, waste management, sustainable forestry and agriculture and clean transport in particular"
        • Publicly accessible grievance mechanism
          Yes
          2/2
          Publicly accessible grievance mechanism
          Yes
          2/2
          Does the financial institution report/publish any of the grievances made against it and/or its clients/holdings in the past 12 months?: No
          "If you suspect any risks, irregularities or similar within Swedbank Robur, it's important that this is reported through our internal alert (whistleblowing) process. You don't have to have any proof to report your suspicion, but all messages should be reported in good faith.
        • Remediation of environmental or social harms
          No
          0/4
    • Palm oil
      6/90
      • Policy Strength
        0/28
        • Commodity-specific deforestation financing policy
          0/8.8
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must be legally operated
          0/2.8
          • Commitment details
            No commitment
            0/2
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must monitor operations
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        2/27
        • Clients/holdings must test Free, Prior and Informed Consent
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must have a grievance mechanism
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect labour rights
          1.8/3.8
          • Commitment details
            Clients/holdings own operations - Encouraged
            1/3
            Commitment details
            Clients/holdings own operations - Encouraged
            1/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        4/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant clients/holdings
          No
          0/5
        • Engagement with non-compliant companies
          0/0
        • Reporting on implementation of the policy
          No
          0/6
        • Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Is this a clear part of the transition to fully DCAF financing?: No

          What does green finance product cover, e.g. financially, size: NA
          "Swedbank’s issuance of green bonds is a part of our overall sustainability approach, and to support our clients in making positive environmental impacts within the fields of renewable energy, energy efficiency, green buildings, waste management, sustainable forestry and agriculture and clean transport in particular"
        • Publicly accessible grievance mechanism
          Yes
          2/2
          Publicly accessible grievance mechanism
          Yes
          2/2
          Does the financial institution report/publish any of the grievances made against it and/or its clients/holdings in the past 12 months?: No
          "If you suspect any risks, irregularities or similar within Swedbank Robur, it's important that this is reported through our internal alert (whistleblowing) process. You don't have to have any proof to report your suspicion, but all messages should be reported in good faith.Customer complaints or issues related to personal disputes should not be reported through our whistleblowing process."
        • Remediation of environmental or social harms
          No
          0/4
    • Soy
      6/90
      • Policy Strength
        0/28
        • Commodity-specific deforestation financing policy
          0/8.8
          • Commitment details
            No commitment
            0/8
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must be legally operated
          0/2.8
          • Commitment details
            No commitment
            0/2
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must monitor operations
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        2/27
        • Clients/holdings must test Free, Prior and Informed Consent
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must have a grievance mechanism
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect labour rights
          1.8/3.8
          • Commitment details
            Clients/holdings own operations - Encouraged
            1/3
            Commitment details
            Clients/holdings own operations - Encouraged
            1/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        4/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          No
          0/5
        • Engagement with non-compliant clients/holdings
          No
          0/5
        • Engagement with non-compliant companies
          0/0
        • Reporting on implementation of the policy
          No
          0/6
        • Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Is this a clear part of the transition to fully DCAF financing?: No

          What does green finance product cover, e.g. financially, size: NA
          "Swedbank’s issuance of green bonds is a part of our overall sustainability approach, and to support our clients in making positive environmental impacts within the fields of renewable energy, energy efficiency, green buildings, waste management, sustainable forestry and agriculture and clean transport in particular"
        • Publicly accessible grievance mechanism
          Yes
          2/2
          Publicly accessible grievance mechanism
          Yes
          2/2
          Does the financial institution report/publish any of the grievances made against it and/or its clients/holdings in the past 12 months?: No
          "If you suspect any risks, irregularities or similar within Swedbank Robur, it's important that this is reported through our internal alert (whistleblowing) process. You don't have to have any proof to report your suspicion, but all messages should be reported in good faith.
        • Remediation of environmental or social harms
          No
          0/4
    • Timber, Pulp & Paper
      21/90
      • Policy Strength
        8/28
        • Commodity-specific deforestation financing policy
          4.7/8.8
          • Commitment details
            Certification
            4/8
            Commitment details
            Certification
            4/8
            Does the policy have specific requirements/expectations of clients/holdings in line with the policy?: No
            "Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits. [...] We also recommend that companies involved in the forestry sector [...] Prevent negative impact on High Conservation Value (HCV); • Identify and protect High Carbon Stock (HCS) forests; [...] Certify production forests and timber plantations according to the criteria of the Forest Stewardship Council (FSC) forest management certification or other similar alternative forest sustainability certification systems;"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits. [...] We also recommend that companies involved in the forestry sector [...] Prevent negative impact on High Conservation Value (HCV); • Identify and protect High Carbon Stock (HCS) forests; [...] Certify production forests and timber plantations according to the criteria of the Forest Stewardship Council (FSC) forest management certification or other similar alternative forest sustainability certification systems;"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits. [...] We also recommend that companies involved in the forestry sector [...] Prevent negative impact on High Conservation Value (HCV); • Identify and protect High Carbon Stock (HCS) forests; [...] Certify production forests and timber plantations according to the criteria of the Forest Stewardship Council (FSC) forest management certification or other similar alternative forest sustainability certification systems;"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits. [...] We also recommend that companies involved in the forestry sector [...] Prevent negative impact on High Conservation Value (HCV); • Identify and protect High Carbon Stock (HCS) forests; [...] Certify production forests and timber plantations according to the criteria of the Forest Stewardship Council (FSC) forest management certification or other similar alternative forest sustainability certification systems;"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            "Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits. [...] We also recommend that companies involved in the forestry sector [...] Prevent negative impact on High Conservation Value (HCV); • Identify and protect High Carbon Stock (HCS) forests; [...] Certify production forests and timber plantations according to the criteria of the Forest Stewardship Council (FSC) forest management certification or other similar alternative forest sustainability certification systems;"
        • Clients/holdings must be legally operated
          1.8/2.8
          • Commitment details
            Clients/holdings own operations - Required
            1/2
            Commitment details
            Clients/holdings own operations - Required
            1/2
            "Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "They are relevant to all companies within the sector and in all stages of the value chain, such as production, processing and training. [...] Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "They are relevant to all companies within the sector and in all stages of the value chain, such as production, processing and training. [...] Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "They are relevant to all companies within the sector and in all stages of the value chain, such as production, processing and training. [...] Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers
            0.2/0.2
            "They are relevant to all companies within the sector and in all stages of the value chain, such as production, processing and training. [...] Swedbank expects clients, portfolio companies and suppliers to operate in accordance with relevant international norms, as well as regional and national laws, regulations and permits."
        • Clients/holdings must monitor operations
          1.5/3.8
          • Commitment details
            Yes, a mechanism to monitor compliance - Encourage
            0.8/3
            Commitment details
            Yes, a mechanism to monitor compliance - Encourage
            0.8/3
            What type of assurance mechanism is used?: Assurance mechanism
            "Wealso recommend that companies involved inthe forestry sector [...];Prevent negative impact on HighConservation Value (HCV);• Identify and protect High Carbon Stock(HCS) forests; [...];Certify production forests and timberplantations according to the criteria of theForest Stewardship Council (FSC) forestmanagement certification or other similaralternative forest sustainability certificationsystems;"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "Wealso recommend that companies involved inthe forestry sector [...];Prevent negative impact on HighConservation Value (HCV);• Identify and protect High Carbon Stock(HCS) forests; [...];Certify production forests and timberplantations according to the criteria of theForest Stewardship Council (FSC) forestmanagement certification or other similaralternative forest sustainability certificationsystems;"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "Wealso recommend that companies involved inthe forestry sector [...];Prevent negative impact on HighConservation Value (HCV);• Identify and protect High Carbon Stock(HCS) forests; [...];Certify production forests and timberplantations according to the criteria of theForest Stewardship Council (FSC) forestmanagement certification or other similaralternative forest sustainability certificationsystems;"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "Wealso recommend that companies involved inthe forestry sector [...];Prevent negative impact on HighConservation Value (HCV);• Identify and protect High Carbon Stock(HCS) forests; [...];Certify production forests and timberplantations according to the criteria of theForest Stewardship Council (FSC) forestmanagement certification or other similaralternative forest sustainability certificationsystems;"
          • Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors
            0.1/0.2
            "Wealso recommend that companies involved inthe forestry sector [...];Prevent negative impact on HighConservation Value (HCV);• Identify and protect High Carbon Stock(HCS) forests; [...];Certify production forests and timberplantations according to the criteria of theForest Stewardship Council (FSC) forestmanagement certification or other similaralternative forest sustainability certificationsystems;"
        • Clients/holdings must conduct risk assessments
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must specify a cut-off date
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Target date for policy implementation
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Associated Human Rights Abuses
        4/27
        • Clients/holdings must test Free, Prior and Informed Consent
          2.3/3.8
          • Commitment details
            Encouraged
            1.5/3
            Commitment details
            Encouraged
            1.5/3
            Does the financial institution require the client/holding to cease acquisition/expansion unless FPIC is given?: No
            " We also recommend that companies involved in the forestry sector: [...] Respect customary land tenure and usagerights of indigenous people by applying free, prior and informed consent (FPIC) principles;"
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            " We also recommend that companies involved in the forestry sector: [...] Respect customary land tenure and usagerights of indigenous people by applying free, prior and informed consent (FPIC) principles;"
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            " We also recommend that companies involved in the forestry sector: [...] Respect customary land tenure and usagerights of indigenous people by applying free, prior and informed consent (FPIC) principles;"
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            " We also recommend that companies involved in the forestry sector: [...] Respect customary land tenure and usagerights of indigenous people by applying free, prior and informed consent (FPIC) principles;"
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Financiers
            0.2/0.2
            " We also recommend that companies involved in the forestry sector: [...] Respect customary land tenure and usagerights of indigenous people by applying free, prior and informed consent (FPIC) principles;"
        • Clients/holdings must have a grievance mechanism
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect labour rights
          1.8/3.8
          • Commitment details
            Clients/holdings own operations - Encouraged
            1/3
            Commitment details
            Clients/holdings own operations - Encouraged
            1/3
            Does the financial institution ask the client/holding to protect the health and safety of its own operations or its supply chain workers?: No
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all operations and financing
            All financing
            0.2/0.2
            Policy applies to all operations and financing
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all deals
            All financing
            0.2/0.2
            Policy applies to all deals
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all clients/holdings
            All financing
            0.2/0.2
            Policy applies to all clients/holdings
            All financing
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
          • Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            Policy applies to all stages of the supply chain
            Producers; Processors; Traders; Manufacturers; Retailers; Financiers
            0.2/0.2
            "All of Swedbank Roburs funds avoid investing in companies which: systematically and seriously break international norms or conventions set out by the UN, ILO, and OEC, or by some other means are involved in unacceptable conduct with regards to sustainability or business management."
        • Clients/holdings must address gender equality issues
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must encourage the inclusion of small-scale farmers
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Clients/holdings must respect customary rights to land, resources, and territory
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
        • Zero tolerance approach to violence and threats
          0/3.8
          • Commitment details
            No commitment
            0/3
          • Policy applies to all operations and financing
            No
            0/0.2
          • Policy applies to all deals
            No
            0/0.2
          • Policy applies to all clients/holdings
            No
            0/0.2
          • Policy applies to all stages of the supply chain
            None
            0/0.2
      • Implementation and Reporting
        9/35
        • Assess client/holding exposure prior to onboarding
          No
          0/5
        • Require disclosure of projects/locations
          No reporting
          0/4
        • Policy is reviewed and updated
          No
          0/2
        • Monitoring and non-compliance process
          Adhoc/less than annual audits
          2.5/5
          Monitoring and non-compliance process
          Adhoc/less than annual audits
          2.5/5
          Does the financial institution prioritise clients/holdings for engagement based on their compliance monitoring? If yes, do they use thresholds/cut offs to identify these clients/holdings?: NA

          Does the financial institution assess the severity of any non-compliance on the ground in forest-risk commodity supply chains in line with the guidance of the Accountability Framework?: No
          "Sustainability risk assessment is an integral part of Swedbank Group’s risk assessment within corporate lending, investment and procurement. The sector guidelines are guiding the risk assessment. In order to comply with our existing sustainability framework Swedbank shall: [...] Evaluate suppliers’ sustainability performance and integrate sustainability requirements as a mandatory part of supplier agreements. This means that Swedbank may terminate supplier relationships in the event of noncompliance with our supplier code of conduct;"
        • Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Engagement with non-compliant clients/holdings
          Engage with non-compliant companies, without a time-bound threat of redirection of finance
          2.5/5
          Does the financial institution commit to actively monitor clients/holdings' progress towards their time-bound plans and remediation activities?: No

          Does the financial instution engage with the company to develop a time-bound plan for compliance with the policy?: No

          Does the financial institutions have clear thresholds of non-compliance or thresholds of exposure to deforestation risk that trigger engagement processes for clients/holdings?: No

          Does the financial institution engage with the client/holding to support the remediation of any social or environmental non-compliance on the ground?: No
          "Sustainability risk assessment is an integral part of Swedbank Group’s risk assessment within corporate lending, investment and procurement. The sector guidelines are guiding the risk assessment. In order to comply with our existing sustainability framework Swedbank shall: [...] Evaluate suppliers’ sustainability performance and integrate sustainability requirements as a mandatory part of supplier agreements. This means that Swedbank may terminate supplier relationships in the event of noncompliance with our supplier code of conduct;"
        • Engagement with non-compliant companies
          0/0
          Engagement with non-compliant companies
          0/0
          Does the financial institution engage with NGOs/CSOs/IPLCs/rightsholders on the ground as part of their engagement?: No
        • Reporting on implementation of the policy
          No
          0/6
        • Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Green financing product with deforestation/conversion requirements
          Yes
          2/2
          Is this a clear part of the transition to fully DCAF financing?: No

          What does green finance product cover, e.g. financially, size: NA
          "Swedbank’s issuance of green bonds is a part of our overall sustainability approach, and to support our clients in making positive environmental impacts within the fields of renewable energy, energy efficiency, green buildings, waste management, sustainable forestry and agriculture and clean transport in particular"
        • Publicly accessible grievance mechanism
          Yes
          2/2
          Publicly accessible grievance mechanism
          Yes
          2/2
          Does the financial institution report/publish any of the grievances made against it and/or its clients/holdings in the past 12 months?: No
          "If you suspect any risks, irregularities or similar within Swedbank Robur, it's important that this is reported through our internal alert (whistleblowing) process. You don't have to have any proof to report your suspicion, but all messages should be reported in good faith.
        • Remediation of environmental or social harms
          No
          0/4
  • Commitment strength
    2/28
    Avg. score
  • Implementation and Reporting
    5/35
    Avg. score
  • Associated Human Rights Abuses
    3/27
    Avg. score

Profile

Swedbank Robur Fonder AB is Sweden's largest asset management firm, managing the savings of over three million people. Swedbank Robur Fonder AB aims to 'create sustainable, long-term return for their investors whilst also contributing to the development of society and the environment'. Swedbank Robur Fonder AB serves more than 4 million retail, institutional and corporate clients and currently has 166billion euros of assets under management. In the 2022 selection, Swedbank Robur Fonder AB was providing 10.3 billion USD to the Forest 500 companies.

HQ
HQ 
Sweden
Financial institution type
Financial institution type 
FI

How we assess the Forest 500

Investors and lenders need to adopt and implement strong deforestation policies that ensure their investments are not funding the destruction of forests.

All assessments use policies published on financial institution websites, some links may have changed or been removed since the time of assessment.

Disclaimer

This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.

All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.

Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.