Sweden's Biggest Home Lender to Cut Mortgage Emissions by 40% [BNN Bloomberg (Canada)]
SWEDBANK AB S/ADR (SWDBY)
NASDAQ:AMEX Investor Relations:
swedbank.com/investor-relations
Company Research
Source: BNN Bloomberg
The Stockholm-based bank is Sweden's biggest mortgage lender and also has a significant exposure to commercial real estate and housing co-operative associations. It therefore hopes the targets will have the biggest impact in terms of reducing emissions in these areas, Fredrik Nilzen, Head of Group Sustainability at Swedbank said. “There are a lot of property companies in Sweden that still haven't accelerated their energy efficiency and made the necessary investments,” Nilzen said. But against the current backdrop of soaring inflation, interest rates and energy prices “we see a totally different interest in taking those measures,” he said. The bank has already committed to targets for its own business activities as well as the capital managed by its investment arm, Swedbank Robur. The climate targets will apply to mortgages as well as a number of business sectors and draws on methodology from the Partnership for Carbon Accounting Financials (PCAF). The targets have been sent to th
Show less
Read more
Impact Snapshot
Event Time:
SWDBY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SWDBY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SWDBY alerts
High impacting SWEDBANK AB S/ADR news events
Weekly update
A roundup of the hottest topics
SWDBY
News
- Swedbank Sees Net Interest Income Drop in Line With Peers [BNN Bloomberg (Canada)]BNN Bloomberg
- Swedbank's Q1 profit rises more than expected helped by lower credit losses [Reuters]Reuters
- Norway CPI Slows More Than Forecast, Backing September Cut [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Norway CPI Slows More Than Forecast, Backing September Cut [BNN Bloomberg (Canada)]BNN Bloomberg
- The second €200 million multi-apartment buildings modernization fund launches [Yahoo! Finance]Yahoo! Finance