Going digital for the environment

• Digitisation efforts aimed to reduce paper consumption
• 85 % less physical letters (paper) sent to customers
• Graphic paper consumption dropped by 76.4 %

Skandinaviska Enskilda Banken (SEB) is a major Swedish financial group for corporate customers, institutions and private individuals with headquarters in Stockholm. 

SEB has a strong ambition to contribute to sustainable growth and help its customers and communities prosper. The bank strives to include sustainability as a natural part of its overall business approach and in the advice and services offered to clients. Concrete measures, such as efforts to reduce paper consumption in offices, clearly illustrate these values.

Key benefits

Since 2015, SEB's drive to cut paper consumption by digitalising customer letters has benefited the environment and improved efficiency. By the end of 2016, for example, 85 % less 'physical' letters had been sent out which significantly reduced paper consumption in the bank and made a valuable contribution to the environment. Graphic paper consumption dropped by 76.4 %, from 398 tonnes in 2013 to 94 tonnes in 2016. And total paper consumption was cut by 7.4 % between 2013 (972 tonnes) and 2016 (900 tonnes).