Swedbank Sustainable Bond Impact Report 2024

02 Apr 2025 08:30 CEST

Swedbank significantly grew sustainable financing volumes in 2024. The bank's
Sustainable Asset Register - comprised of green and social assets - amounted to
SEK 128 billion by year-end 2024, an increase of 73 per cent compared to 2023.

"The substantial growth in the Sustainable Asset Register demonstrates both
Swedbank's and our customers' strong commitment to advancing the sustainability
transition. Our commitment is steadfast. Now is the time for acceleration," says
Johanna Fager Wettergren, Head of Sustainability at Swedbank.

A driver of this expansion is the increase in the Green Buildings category.
Swedbank actively supports its property sector customers with tailored advice
and products focused on energy efficiency.

Swedbank continued to support the expansion of renewable energy and the energy
transition within the Baltic home markets, which has led to a significant
increase in the category. The bank's share of financing in renewable energy is
estimated to contribute to more than 2,500 GWh of renewable energy annually.

"The transition to renewable energy sources with low carbon emissions is key to
achieving the Paris Agreement. The shift is especially important in our Baltic
home markets, where Swedbank's Register show significant growth in renewable
energy," says Johanna Fager Wettergren.

Read more in Swedbank Sustainable Bond Impact Report 2024 (PDF) or visit
swedbank.com (https://www.swedbank.com/investor-relations/debt
-investors/sustainable-bonds.html).

Contact:
Johanna Fager Wettergren (johanna.fager.wettergren@swedbank.se), Head of Group
Sustainability, +46 72 228 69 79
Hannes Mård (hannes.mard@swedbank.se), Head of Press, +46 73 057 41 95

Swedbank empowers the many people and businesses to create a better future. Our
vision is a financially sound and sustainable society. Swedbank Group is the
leading bank with over 7 million retail customers and 550 000 corporate
customers in our four home markets Sweden, Estonia, Latvia and Lithuania.
Swedbank Group is also present in other Nordic countries, the U.S. and China.
Together we make your financial life easier. Find out more: www.swedbank.com

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642812_Sustainable_Bond_Impact_Report_2024.pdf