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.
Matchmaking + capital = accelerating SurfCleaner’s sustainable growth journey
Nordea’s matchmaking event, which connects entrepreneurs and investors, secured contacts and capital for SurfCleaner. “It made our entire growth journey possible,” says the company’s CEO. Now Nordea Investor Speed Dating is back again.
Phishing attempts are often increasing during humanitarian crises. Right now many fraudsters will try to exploit the war in Ukraine for phishing or fake fundraisings. Get our expert’s advice on how to avoid donation scams.
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.
What will payments look like in a post-pandemic world?
It’s no secret that the COVID-19 pandemic resulted in changes in almost every aspect of our lives. One of the most notable changes was the level of digitalisation and development that has happened in just 2 years. It’s safe to say that payments and purchasing behaviours weren’t left untouched – ecommerce and the adoption of new payment methods also saw a significant increase.
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.
Biodiversity reporting: What is on the horizon for 2022 and beyond?
Biodiversity is rapidly climbing investor and corporate agendas. Leaning on years of important but often underutilised work on the importance of biodiversity, recognition is growing, and actors are beginning to align on the issue. In this article, we outline the initiatives likely to shape the conversation and drive more targeted action over the coming years.