Sustainability

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.

A winter forest in the Nordics

Nordea On Your Mind

What will it take to push the global energy transition forward?

Professor Tomas Kåberger of Chalmers University of Technology has unique insights into the energy system from academic, industrial and regulatory perspectives. In this interview he discusses the paramount driver for renewable energy: reduced cost.

Read more
noym-windmill

Nordea On Your Mind

Our greatest competitor is tomorrow's wind power

Wind has the lowest levelised cost of energy, and it keeps getting better, according to Peter Zachrisson, CEO of SR Energy. The greatest obstacle remains the painfully slow and cumbersome Swedish permitting processes, but the energy crisis could be a catalyst for reforming it.

Read more
Ice skaters in bird's eye view

Sustainability

Nordea comments on NGO report about lending and investments in fossil energy

The NGO BankTrack has released a report on Nordic banks’ lending and investments in fossil fuel companies. Nordea is mentioned in connection with companies in the report but is also highlighted as one of the main banks behind the decreasing trend in oil and gas financing and investments.

Read more
Island with trees and a lake seen from above

Sustainable finance

EU Taxonomy reporting: A first look at the challenges and best practices

The EU Platform on Sustainable Finance's long-awaited Recommendations on Data and Usability of the EU Taxonomy offers valuable insight into emerging best practices.

Read more
Intersecting highways with trees

Sustainable finance

How sustainability risks factor into credit ratings

The integration of ESG factors into credit ratings is an exercise distinct from the ratings and evaluations carried out by ESG service providers, although the two are often compared and confused. We take a look at the differences between the two approaches.

Read more
Anja Lidgren Hannerz, acting Head of Group Sustainability

About us

Anja Lidgren Hannerz appointed Head of Group Sustainability

Anja Lidgren Hannerz has been appointed Head of Group Sustainability as of 9 November to lead the implementation of Nordea’s sustainability agenda across the bank.

Read more
Jospak packaging

Sustainability

Thanks to Verde loan from Nordea, Jospak marks new chapter in limiting food plastic waste

Within the next eight years all plastic packaging in the EU must be recyclable – so we need solutions. With a Verde loan from Nordea, Jospak was able to finance new ecological premises to increase their production and accelerate the sustainable transition.

Read more
Climate experts Stefan Henningsson and Matti Kahra

Sustainable banking

Nordea’s climate experts on what to expect from COP27

This year the UN climate summit, COP27 will be held amid rocketing energy and food prices and overall difficult geopolitical circumstances. We have interviewed Nordea’s climate experts Stefan Henningsson and Matti Kahra on what they expect will be the outcome.

Read more
EU_flags_1920x1080

Sustainable finance

EU Platform’s usability recommendations add clarity to EU Taxonomy in practice

The EU Platform on Sustainable Finance on 11 October released one of the last outstanding reports on the usability of the EU Taxonomy. It provides recommendations on interpretation of the existing Taxonomy and guidance for the remaining environmental objectives as well as alignment with other European sustainable finance regulation.

Read more
EU_flag_trees_1920x1080

Sustainable finance

EU Taxonomy Minimum Safeguards: What are they and why do they matter?

The EU Platform on Sustainable Finance published its final report on the functioning of the Minimum Safeguards laid out in the EU Taxonomy Regulation. The Minimum Safeguards ensure that companies engaging in sustainable activities meet certain standards when it comes to human and labour rights, bribery, taxation and fair competition.

Read more
nordea_com-tourist-in-an-ice-cave

Sustainability

Nordea comments on report about lending to fossil fuel companies

Fair Finance Guide has published a critical report on Swedish banks’ lending to companies operating in the Arctic. The report was referred to in an article in Aftonbladet on 3 October 2022.

Read more
Car driving across the atlantic road in Norway at sunset

Sustainable finance

Sustainable bond markets: Q3 of 2022 in graphs

After a turbulent first half-year, the third quarter shows a market adapting to the new-normal: persistent inflation and rising interest rates. The energy crisis has not only resulted in a risk of recession in the Euro area but also created ambiguity for corporates’ sustainability ambitions, pushing the financial sector to the forefront of issuing sustainable debt.

Read more