Strong governance is important for successful progress. We have a robust sustainability governance model, with clear roles and mandates on various levels. This model determines how we set our strategy and work to integrate sustainability into our business.
The Board of Directors The Board of Directors is responsible for establishing a strategy for corporate sustainability and an organisation to execute this strategy. The Board approves SEB's strategy and business plan, including sustainability considerations, the Sustainability Policy, thematic policies and the Sustainability Report.
The President and CEO The President and CEO is responsible for execution of the sustainability strategy and implementation of the governance structure set by the Board.
The Group Executive Sustainability Committee (GESC) The Group Executive Sustainability Committee (GESC), chaired by the President, manages the execution of the sustainability strategy.
Sustainable Banking Sustainable Banking is responsible for coordinating and driving the overall corporate sustainability agenda. This is done in close collaboration with the Divisions and Group Staff and Support functions. This team if headed by the Chief Sustainability Officer who is also part of SEB's extended Group Executive Committee.
Sustainability Product Committee The Sustainability Product Committee decides on the right for SEB units to use any sustainability-reference in the marketing or distribution of products or services.
SEB's Divisions and employees SEB's Divisions and employees – each Head of Division, Head of Group Support function and Head of Group Staff is responsible for making sure everything is in place to meet the corporate sustainability objectives, strategy and policies.
Description of SEB's sustainability governance.