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.
Swedish billion kronor investment in climate-neutral steel and pulp input
Lime is a component in steelmaking and the production of paper pulp. It’s also used in everything from paint to water purification. Unfortunately, lime is also a real climate culprit. SMA Mineral in Värmland will change this with new technology, 10 billion kronor and Nordea as a partner.
Nordic companies’ EU Taxonomy alignment on the rise
Nordic companies have reported their EU Taxonomy numbers for 2023, and Nordea's ESG Research team has analysed the results. While average revenue alignment for companies increased from 7.5% to 8.0%, we still see upside potential for several sectors.
Companies report on four new EU Taxonomy objectives: water, pollution, biodiversity and circularity
EU companies recently reported their alignment with the EU Taxonomy for the second year in a row. For the first time, they also reported their eligibility under four new environmental objectives: water, pollution, biodiversity and circularity. The results bode well for companies' overall Taxonomy alignment numbers next year, according to Nordea's ESG Research team.
Nordea’s approach to clients' climate transition plans
By engaging our clients in constructive sustainability dialogues and offering tailored support, we aim to facilitate the journey to a net-zero future while mitigating risks. Our climate transition maturity ladder is a key tool in that effort.
Sandvik CFO: Organic investment has lowest cost and risk
Discover how Sandvik, a global engineering group, navigates capital spending and shareholder returns. In this Nordea On Your Mind “How to spend it” interview, Sandvik’s CFO Cecilia Felton provides insights into the company’s decentralised approach to investment, its pursuit of profitable growth and the balance between dividends and business reinvestment.
Eurobus Nordic: Transforming public transportation one electric bus import at a time
Importing electric buses from China to the Nordics, Eurobus Nordic knows first hand the risks that come with international trade. One tool to help manage those risks is Nordea's trade term loans, which help the company bridge gaps in the trade cycle and improve its working capital.
Norwegian economic activity will pick up going forward, and unemployment will stay at a low level. Inflation will gradually decrease, but it will take years before it reaches the 2% target.
The global growth momentum has improved slightly since the beginning of this year thanks to China’s increased fiscal stimulus and declining inflation numbers in many western economies.
Nordea chief economist: Soft landing likely, but risks remain
The global economy has had a decent start to 2024, and a soft landing seems more likely. But strong labour markets place heavy demands on the calibration of monetary policy, and the neutral rate is probably higher than previously assumed. The new geopolitical reality still poses a high risk to the outlook for growth and inflation.
Population shift: Implications for Sweden's economy
Last year, Sweden saw the lowest population growth in more than 20 years. Much suggests that population growth will remain subdued in the coming years. This will impact the need for new homes, other investments as well as the labour market.
Swedish economic outlook: Searching for equilibrium
After several turbulent years the pieces of the puzzle are gradually falling into place for the Swedish economy. Households’ consumption pattern normalises, export companies’ production will balance with demand and inflation will stabilise at low levels.
How many rate cuts will we get over the next two to three years? Forecasts vary more than usual, mainly because of varying estimates of the normal interest rate. We expect fewer rate cuts and a higher normal interest rate than most.