While the global sustainable bond market made a definite, if somewhat muted, return to growth in Q1 2023, the Nordic market stood out once again, showing strength despite some concerns carried over from 2022. With record sustainable volumes in Q1 and notable traction in the corporate Eurobond market, sustainable financing has found a successful home in the Nordics.
European Sustainability Reporting Standards: the introduction and formalisation of concepts
The European Sustainability Reporting Standards are a core component of the sustainability reporting landscape within the European Union, providing the mandatory reporting framework to be followed under the Corporate Sustainability Reporting Directive. As alignment across EU regulation increases, it is important to be aware of definitions and concepts introduced under each new proposal.
Promises of love and riches – a common trick among scammers
Romance and investment fraud are two types of fraud on the rise. Both play on strong feelings of love or wealth to lure their victims. The ultimate goal is to trick victims into sending money.
Every year manufacturers throw away 80,000 tonnes of food in Norway, accounting for 3-4% of the total volume of food produced. With Nordea’s support, Plateful will reduce that to a minimum.
The cost of flexibility is less than the cost of financial distress
For some high-level reflection on a decade of low funding costs and soaring Nordic corporate bond issuance, the Nordea On Your Mind team talked to Nordea's Morten Ristvedt, Head of Large Corporates & Institutions Norway, and Lars Fischer, Head of Debt Solutions & Structuring.
Social bonds: Investing to improve social conditions
Investors have an important role to play to steer capital towards solutions that can improve social conditions. The most direct way to impact social conditions is probably to finance or refinance social projects.
The term Open Finance refers to a future open financial system. Open Finance will continue the development initiated by Open Banking and make your own financial data more accessible to you as a customer in a wider range of services and platforms.
At Nordea, we’ve committed to becoming a bank with net-zero emissions and have set targets for 2023 and 2025. Now, with less than a year until the end of 2023, we’ve invited Head of Group Sustainability Anja Lidgren Hannerz to a talk about Nordea’s progress.
A credit rating gives access to a very deep pool of capital
Stena AB is one of the largest family-owned companies in Sweden, with global operations in shipping, ferry lines, offshore, real estate and finance. How do you run and fund a capital-intensive business with a sub-investment-grade credit profile that’s investing in a sustainability journey? We asked Stena AB Finance Director Peter Claesson.
Denmark’s finance minister, Nicolai Wammen, spoke to institutional clients at Nordea’s recent symposium on the Danish economy and government debt. He highlighted the strength of the economy but also the need to tackle some big challenges ahead.
Cash flow must be sufficiently good every year, and better in the good years
For an inside view of a comprehensive funding and leverage journey, the Nordea On Your Mind team talks to Outokumpu’s CFO Pia Aaltonen-Forsell, who shares her thinking behind the company’s new strategy and financial targets introduced in late 2020.