Active ownership is a central part of our work with ESG and responsible investing.
We believe that active ownership is a powerful way to protect shareholder value, enhance long-term returns and foster positive change.
Active ownership
Driving human rights performance is about pushing for the right data
In our work as active owners, meaning asset managers, we see how timely and adequate information in regards to material ESG (environmental, social and governance) risks is key for a responsible investor. We also join forces with others to push for change.
Time for our work with nomination committees – pushing diversity on the agenda
Nordea is an active owner and this means that we engage with the companies we invest in. One important part of our active ownership work is to participate in nomination committees to prepare for the nomination of board members to the companies’ general meeting.
Nordea receives UN-backed responsible investment award for its work to reduce portfolio companies’ methane emissions
Nordea Asset Management (NAM) receives the prestigious PRI Award for leadership in climate action. This is because of NAM’s extensive engagement with – among others – Exxon Mobil, Chevron and Petrobas to have them commit to reducing methane emissions.
How we use our shareholder impact to promote labour rights
Nordea has extensively engaged for several years with many known consumer brands to improve labour rights at the companies. Recent examples are Tesla, Starbucks and Amazon.
Award-winning methane engagement expands reach and impact
Nordea Asset Management has for several years been driving an investor collaboration engaging with oil and gas companies and more recently utilities on reducing their methane emissions. The initiative now includes 65 oil and gas companies and utilities.
More than 1,000 dialogues with companies on their sustainable transition
In 2023 Nordea’s responsible investment experts engaged in more than 1,000 dialogues with companies in the name of our investment funds. The aim of the dialogues was to discuss how the companies work with topics such as climate change, human rights and governance.
In our work to engage with companies as shareholders, Tesla is a one of them. It is an interesting and challenging company from an ESG engagement perspective and some of the issues we have raised with Tesla range from labour rights, to the size of Tesla CEOs pay package.
Nordea gets high recognition for how we practise active ownership in a recent independent report where we are compared to peers. Nordea is ranked number 8 among the 69 largest asset managers in the world.
Can diversity impact climate change and the value of a company?
As a fund company and active owner Nordea is working for diversity in the companies we have invested in. Head of Corporate Governance, Katarina Hammar, shares insights on how we engaged with 75 companies to get more women in their Boards.
Nordea in dialogue with companies about PFAS phase-out
As a responsible investor Nordea has joined the Investor Initiative on Hazardous Chemicals (IIHC) where over 50 asset managers are trying to impact companies to phase out the use of hazardous chemicals.
Active ownership is when shareholders engage in a company they have invested in to influence the company’s strategy and actions. It is a method often used in responsible investing to directly influence a company’s decisions.
Field trip to Texas: Nordea in dialogue with oil and gas companies on emissions reduction
In the blistering heat of Texas, Nordea Asset Management went on a week-long field trip to Houston and the Permian Basin to engage 12 important oil and gas companies in reducing their methane emissions.