Sustainability is integrated into all aspects of how Nordea conducts business, including our supply chain
Nordea has established a Supplier Code of Conduct which is mandatory for all our contracted suppliers.
It requires our suppliers to adhere to the core principles of the UN Global Compact within the areas of human rights, labour standards, environment and anti-corruption. It is not enough that our suppliers comply with the laws and regulations in the countries where they operate; we expect them to proactively move beyond compliance and convey Nordea’s Supplier Code of Conduct or similar principles towards their sub-suppliers.
As the largest bank in the Nordics we recognise that we have an important role to play in driving society towards a sustainable future. We have set ambitious targets in the four strategic areas of financial strength, climate action, social responsibility and governance and culture.
Working with suppliers that share our mindset and ambitions is crucial for us to be able to deliver on the targets. By partnering up, we aim to be part of a collective movement working towards a just transition of our society to secure a low carbon, climate resilient and circular economy where human rights are preserved and adverse societal impacts from the transition to a low-carbon economy are mitigated.
It is about making a difference together with our customers by enabling them to make sustainable choices, contributing to society’s goals through climate action and social impact.
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