Sustainability is about balancing the environmental, societal and governance factors of development to ensure that we meet the needs of the present without compromising the ability of future generations to meet their needs.
Sustainable banking
Will corporates stick to the 1.5°C goal?
While the highest ambitions of the Paris Agreement seem increasingly difficult to meet in the current global political landscape, there is still progress to be found. Three of our sustainability experts discuss the impact of the US election and COP29 and what it will mean for the transition plans many Nordic companies are working with.
Nordea to donate EUR 200,000 to research with focus on biodiversity impact in the Nordic countries
Nordea’s donation will support the University of Jyväskylä four-year research programme in developing open-access methods for assessing the biodiversity footprint of economic activities. The research will address challenges and opportunities in assessing the biodiversity dependency and impact of economic activity in the Nordic countries, with local as well as global value chains.
How the multimillion dollar company will turn sustainability into business
DLVRY saw the light of day in 2021 and already generates revenue of close to four billion Norwegian kroner (more than 360 million US dollars). One of the secrets lies in local roots and focus on sustainability, combined with favourable financing solutions such as sustainability-linked loans.
Finnish businesses to get green-investment boost of more than EUR 400 million as Nordea and EIF team up
Finnish companies are to receive as much as EUR 437 million in loans for energy upgrades as a result of financial deal between Nordea and the European Investment Fund. Backed by InvestEU, the initiative provides favourable financing for moving to clean power and saving more energy.
Climate transition in the Nordic land transport sector: Navigating change
Regulatory pressures, technological innovation and rising customer expectations are all driving action when it comes to sustainability in the land transport sector. Mikko Hirvonen, Senior ESG Analyst, outlines the key factors shaping the industry’s transition.
European Energy: More ambitious and immediate action needed to reach Paris Agreement goals
What role does the renewable energy transition play in global efforts to limit climate change? What are the main challenges? For insights, our Nordea On Your Mind team spoke to the CEO and co-founder of renewable energy project developer European Energy, Knud Erik Andersen.
Ovako: Almost all new business won in the past year has a strong sustainability profile
What does the green energy transition look like in an energy- and emission-intense steel industry? For answers, our Nordea On Your Mind team reached out to niche steel producer Ovako’s CFO Erik Bohman.
COP29 ended with a new climate finance goal, but the participating countries couldn’t agree on wording describing how countries should move away from fossil fuels. Our sustainability experts Matti Kahra, Tiina Salonen and Stefan Henningsson analyse the outcomes of the global climate summit.
Climate change is already causing major economic damage. The only way to stop it is for the world to invest in the transition to renewable energy. This will require 2.3% of global GDP to 2050, which is significant, but doable. In their last report, “Energy transition,” our Nordea On Your Mind team explores what investments will be needed and how they could be funded.
UNFCCC Senior Director: We have work to do to hit Paris Agreement targets
How can the investment needs of the Paris Agreement be met? What are the differences in climate action needs across world regions? For answers, take a dive into this Nordea On Your Mind, “Energy transition,” interview with Daniele Violetti, Senior Director at the UNFCCC.
What does a Trump presidency mean for Nordic greentech?
Donald Trump’s win in the US election this month bodes negatively for climate policy in the US, writes Marco Kisic, Head of ESG Research in Nordea Equities. He shares which greentech areas are most at risk.
Why are the Nordics falling behind in the circular economy?
In the Nordic countries, we like to think of ourselves as environmentally conscious and good at recycling, but the truth is that we are below the world average. Our sustainability expert, Thina Saltvedt, reflects on this gap and how to close it in connection to the Nordic Circular Summit 2024.