In 2008, SEB helped the World Bank issue the first ever green bond for institutional investors.
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“Investors were demanding green bonds, so SEB delivered,” says Paula da Silva, head of transaction banking at SEB. “Since then, our corporate clients are increasingly asking us what we are doing to become a green bank, or how we are supporting sustainable supply chains. Now, this is something we focus on every day.”
Supply-chain finance is a particular focus for the bank and da Silva herself.
“We work with a variety of international institutions to determine whether or not each part of the supply chain is sustainable,” she says. “But this is still a work in progress: determining sustainability at each stage of the supply chain can be a lengthy process.