SEB Asset Management calls on governments to act on climate crisis

SEB Asset Management, the bank’s fund management company, has joined hundreds of other investors in calling on governments and policymakers to accelerate their actions to achieve net zero emissions by 2050.

The initiative – 2024 Global Investor Statement to Governments on the Climate Crisis – seeks to unify investor and financial sector voices to call for comprehensive action on the climate crisis.

“We recognise this is only one piece of the broader climate advocacy puzzle. To meet our climate goals, governments and policymakers must heed this unified call and accelerate their actions,” says Elisabet Jamal Bergström, Head of Sustainability at SEB Asset Management.

Jamal Bergström says that as an investor, SEB is committed to driving this momentum through its portfolios and amplifying the bank’s voice in policy circles and global forums like COP 29.

Achieving a net zero-emissions economy by 2050 or sooner is in line with credible 1.5-degree pathways. In 2018, the United Nations’ Intergovernmental Panel on Climate Change (IPCC) published a report saying that limiting global warming to 1.5 degrees Celsius compared with 2 degrees would reduce challenging impacts on ecosystems, human health, and well-being.

"The statement we have now signed is a powerful testament to the urgency of coordinated climate action”, says Elisabet Jamal Bergström.