
We approach the UN Climate Change Conference, which will be held in Paris from 30 November to 11 December, where the business community will have the chance to show low-carbon leadership.
- Climate change is one of the greatest risks we face; tackling it is also one of our biggest economic opportunities. It is in the interest of the business community to take steps towards a low-carbon economy and to push policymakers to take further action, says Gunn Wærsted, Head of Wealth Management and Chairman of Nordea’s CSR Committee.
In 2014 Nordea’s total direct emissions were 45,462 metric tonnes of CO2. Nordea will become a carbon-neutral company by continuing to reduce own emissions, purchasing renewable energy and purchasing carbon offsets equal to the amount of CO2 emitted, which finance projects that reduce emissions.
As the leading financier in its home market, Nordea indirectly contributes to carbon emissions when financing companies with such emissions as part of their operations.
- We will of course discuss climate change and how it affects the strategies of our existing customers. We are keen to understand how they think and prepare for challenges and opportunities. We have decided not to start new customer relationships with companies primarily dependent on coal, says Gunn Wærsted.
Read more responsibility stories

Nordea's Anders Langworth takes a seat in the UNEP FI Banking Board
Our work Our people
In August , Nordeas’ Head of Group Sustainable Finance, Anders Langworth was elected for a seat at the UNEP FI Banking Board, the new governance body for the...

Assessing sustainability through rankings – a complex matter
Our work Responsible business
Recently, Nordea was highly ranked for our sustainability work by the NGO ShareAction, while we scored relatively low in another ranking/survey. We understan...

Nordea participates in the world’s largest online climate conference
Environment
On April 20th Nordea’s Group Head of Sustainable Finance, Anders Langworth, joins hands with some of the brightest minds around the globe to discuss how the...

Stronger Sustainable Selection offering with launch of balanced funds
Responsible business Our work
Nordea has now an even stronger sustainable savings offering to the customers. Our new balanced funds launched in November are the first of their kind at Nor...

Nordea recruits climate expert from WWF
Our people Our work
Stefan Henningsson will join Nordea Group Sustainable Finance as Climate Specialist. Stefan has a solid background of working with climate issues and innovat...