Get the latest insights on the economy, industries and emerging trends that can help your business tackle the challenges it faces in today’s market. We share the learnings and perspectives of leading experts and innovators in the Nordics, both from Nordea and beyond.
Recycling champion IceBear has big ambitions for its Dutch operation that produces composite pallet blocks out of recycled waste wood and green energy. After securing financing via a green bond issuance with Nordea’s help, the company recently hit its first major production milestone.
Project Finance: Potential help for getting to net zero
As companies seek financing for initiatives that contribute to the green transition, project finance could serve as an important tool, according to the latest Nordea On Your Mind report.
Sustainability reporting: What has changed and what’s to come?
The sustainability reporting landscape is rapidly changing. Cutting through the noise, Nordea’s Sustainable Finance Advisory team has conducted a deep dive to highlight what’s essential. Find the key takeaways and market developments summarised below.
Volvo Cars CFO Björn Annwall discusses the carmaker's plans to transition from fossil fuel to electric propulsion, and how the shift will transform the nature of the company's investments.
The Social Taxonomy: EU Platform on Sustainable Finance publishes final report
After some delays, the EU expert group consisting of individuals from the public sector, industry and academia, released their final report on the proposed Social Taxonomy. The group took into account feedback received last year and aligned the proposal with new and existing legislation in order to facilitate adherence for companies. This proposal consists of structural suggestions for the design of a social taxonomy, as opposed to specific technical screening criteria, and is expected to form the basis for the future legislative proposal.
In just a few years, sustainability-linked bonds (SLBs) have carved out their place in the sustainable bond market, now representing 10% of total issuance for the year to date. As SLBs gain popularity, potential challenges with the format are beginning to emerge. In this article, we examine some of the difficulties relating to the application of the concepts of materiality and ambitiousness within SLBs and highlight some early research into SLB pricing.
A deep dive on social debt: Formats and applications
The pandemic catalysed an explosion in issuance of social debt, most prominently by sovereign issuers. While the share of social bonds issued has now decreased as pandemic bonds are phased out, investor appetite for the new format remains. We explore how social issues can be integrated into existing debt formats and how they can differ in their application.
The Kingdom of Denmark's first green bond auction in January drew strong investor demand and a large green bond premium, or "greenium," of 5 basis points. Our experts explain why.
Ideal Owners: Type of owner matters less than having the right management
Gunnar Axheim, board member of Swedish state-owned mining group LKAB, reflects on how a company's ownership model affects its corporate governance in the latest Nordea On Your Mind.
Helping clients navigate the sustainable finance landscape
Nordea Sustainable Finance Advisory's Juho Maalahti is eager to help companies and investors tackle new challenges in the fast-developing world of sustainable finance.