Governance

Overall Governance

SBAB is 100% owned by the Swedish state. According to the state's ownership policy, state-owned companies must act as role models in the area of sustainable business and act in a way that benefits public trust. Within SBAB, the board is ultimately responsible for ensuring that active and long-term work for sustainable development is carried out within the bank, based on SBAB’s material sustainability topics. SBAB’s CEO ensures that our sustainability work is fully integrated into SBAB’s business plan and relevant departments, and that the sustainability work follows the strategies decided by the board.


The Central Sustainability Team

The Central Sustainability Team is led by SBAB’s Head of Sustainability, who reports to the Head of Sustainability, Marketing & Communications, as well as to the CEO. The Central Sustainability Team's task is to coordinate and manage the strategic sustainability work within SBAB and, among other activities, ensure the progress of sustainability work towards the set goals for SBAB’s material sustainability topics.


SBAB’s Material Sustainability Topics

  • Energy Consumption & -Efficiency: Contribute to the energy efficiency of existing and future property portfolios

  • Carbon footprint & Climate adaptation: Reduce SBAB’s carbon footprint and increase our customers’ climate adaptation capacity

  • Biodiversity & Ecosystems: Encourage active work to improve conditions for biodiversity and to protect ecosystems

  • Circular Resource Management: Promote the circular use of resources in new construction, renovations, and waste management

  • Financial Crime: Combat financial crimes in society by reducing the possibility for fraud and money laundering through SBAB

  • Attractive Workplace: Ensure good working conditions, an inclusive work environment, and a continuous learning environmentc

  • Work Conditions in the Value Chain: Advocate for good working conditions, workers’ rights, and reduced possibilities of financial crimes on construction sites

  • Inclusive Housing Market: Through responsible lending, contribute to:
  • A more inclusive housing market for groups that generally stand outside the housing market
  • Safe residential areas
  • Accessibility-adapted services

  • Information Security: Ensure good information security and thereby protect customers, employees, and the financial system from harm and other negative consequences

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    Sustainability Forum

    SBAB has established a Sustainability Forum where sustainability work at SBAB is addressed and where issues are prepared for decision-making bodies within SBAB. The Sustainability Forum is held at least four times annually and consists of representatives from each management team at SBAB. Some of the recurring annual topics to be addressed by the Sustainability Forum are the impact of sustainability on stakeholders, updates of the double materiality assessment, and the integration of department-specific sustainability goals, key figures, and activities carried out at SBAB and companies within the group.


    Policy Documents:

    Code of Conduct (pdf) Pdf, 4.9 MB.

    Code of Conduct - in swedish (pdf) Pdf, 3.7 MB.

    Supplier Code of Conduct – in Swedish (pdf)

    Policy for Sustainable Business – in Swedish (pdf) Pdf, 86.5 kB.

    Ethics Policy – in Swedish (pdf) Pdf, 115.2 kB.

    Equality and diversity policy – in Swedish (pdf) Pdf, 27.8 kB.