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SEK want to contribute to a positive societal development. We therefore guide our business conduct according to recommendations from international organizations and through our own policies. Our actions shall be characterized by social responsibility and good morals.
SEK’s focus on Corporate Social Responsibility (CSR) encompasses a number of issues, such as environmental responsibility and corruption issues as well as questions on human rights and labor conditions.
There exist a select number of international policies concerning the responsibility that companies have for society and durable development. The OECD guidelines, for instance, list recommendations concering environment, corruption, human rights and labor conditions. Furthermore, the United Nations has developed the “UN Global Compact” with ten principles about corporate responsibility.
In addition, a number of large banks have developed principles for environmental and social issues when financing various projects. SEK continues to follow the development of these and other guidelines, and apply our actions accordingly.
In SEK’s own guidelines we set our focus on continuously developing our corporate social responsibility. SEK’s environmental policy mandates, among other things, that SEK oversees that an environmental evaluation is carried out in export projects where a negative environmental impact might occur. SEK also has ethical guidelines concerning corruption, that all stem from the baseline position that SEK does not accept that employees take or give bribes for their own or for the company’s benefit. We require that all applicants certify in writing that no bribes are involved in the transaction for which they are applying.
SEK participates together with other organizations and companies also in the project Global Challenge, which highlights the challenges that Sweden faces in an increasingly globalized world.