Is Handelsbanken ethical and sustainable?
Handelsbanken has been measured by the Sustainable Brand Index – the largest independent study of sustainability and brands in Europe – across 2 Nordic markets.
Is Handelsbanken ethical?
The Sustainable Brand Index does not audit companies. It measures how consumers see a brand's environmental and social responsibility, which is close to what most people mean by ethical. On that measure, Handelsbanken ranks #163 in Norway in 2026, its strongest of 2 markets. A lower number is better.
Key takeaways
- Strongest market today: Norway at 163rd (2026).
- All-time best result: 32nd in Sweden (2013).
- Biggest year-over-year improvement in Norway: moved up 35 positions from 2025 to 2026.
- Measured for 16 years (2011–2026) across 2 markets.
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Handelsbanken's ranking trend
Lower is better · #1 = most sustainable in marketAnnual position within each country's full brand universe, 2011–2026.
🇳🇴Handelsbanken in Norway
Banks| Year | Rank in Norway |
|---|---|
| 2013 | #70 |
| 2014 | #87 |
| 2015 | #111 |
| 2016 | #93 |
| 2017 | #167 |
| 2018 | #176 |
| 2019 | #174 |
| 2020 | #160 |
| 2021 | #212 |
| 2022 | #198 |
| 2023 | #234 |
| 2024 | #187 |
| 2025 | #198 |
| 2026 | #163 |
🇸🇪Handelsbanken in Sweden
Banks| Year | Rank in Sweden |
|---|---|
| 2011 | #77 |
| 2012 | #52 |
| 2013 | #32 |
| 2014 | #64 |
| 2015 | #97 |
| 2016 | #103 |
| 2017 | #110 |
| 2018 | #131 |
| 2019 | #173 |
| 2020 | #143 |
| 2021 | #198 |
| 2022 | #149 |
| 2023 | #201 |
| 2024 | #145 |
| 2025 | #176 |
| 2026 | #177 |
Want to know what's behind Handelsbanken's ranking?
The full brand report shows your sustainability score, what's driving it, how you compare to competitors, and where you're exposed – with 16 years of trend data.
Questions about Handelsbanken
Is Handelsbanken a sustainable brand?
Handelsbanken has been measured by the Sustainable Brand Index since 2011. Most recent rankings: Norway #163 (2026); Sweden #177 (2026). Lower rank numbers mean consumers see the brand as more sustainable.
Is Handelsbanken ethical?
The Sustainable Brand Index does not audit companies. It measures how consumers see a brand's environmental and social responsibility, which is close to what most people mean by ethical. On that measure, Handelsbanken ranks #163 in Norway in 2026, its strongest of 2 markets. A lower number is better.
How sustainable is Handelsbanken in Norway?
In Norway, Handelsbanken ranks #163 in 2026 (industry: Banks). Its best position was #70 in 2013.
How sustainable is Handelsbanken in Sweden?
In Sweden, Handelsbanken ranks #177 in 2026 (industry: Banks). Its best position was #32 in 2013.
Where does this data on Handelsbanken come from?
From the Sustainable Brand Index, an independent consumer study run by SB Insight since 2011, with more than 80,000 interviews a year in Finland, Denmark, Norway, Sweden and the Netherlands.
Source: Sustainable Brand Index 2026, SB Insight.
About the ranking
The Sustainable Brand Index measures how consumers perceive a brand's sustainability – both environmental and social responsibility. Rankings are based on annual surveys of more than 80,000 consumers across Finland, Denmark, Norway, Sweden and the Netherlands. Brands are ranked within their industry and country.
Read the full methodology →