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.
Sustainability
Biodiversity: Investing to preserve nature and ecosystems
Biodiversity is essential for all that is living on earth – on land or in the lakes and oceans. Investors are therefore wise to map and manage the biodiversity risks in their portfolios, as well as look for the investment opportunities that arise to protect and restore nature.
A fossil fuel snowmobile emits approximately 20 kg of Co2 per average ride. With over 2 million snowmobiles in the world, the combined emissions are substantial. Brand new startup Vidde is determined to change this with its electric snowmobiles. We met with Christian Lystrup, co-founder and CEO, and Yalda Mirbaz , co-founder and CFO, to hear more.
Nordea part of the Net-Zero Asset Owner Alliance steering group
The United Nations-convened Net-Zero Asset Owner Alliance is an important member-led initiative of more than 80 institutional investors. An alliance Nordea Life & Pension (NLP) was a co-founder of in 2019 and where Katja Bergqvist, Head of NLP, now takes a seat in the steering group.
EU Taxonomy: The period of misalignment for sustainable finance
This year marks the most complete test yet on how well the proposed regulatory elements and labels from the European Commission’s action plan on sustainable finance will work together. In addition to providing transparency to the market, the EU Taxonomy is a cornerstone of the forthcoming European Green Bond Standard (EUGBS) as it provides the definitions of “green” for European Green Bonds.
A check-in on Nordic companies’ EU Taxonomy reporting
This year marked the inaugural year for companies in scope for EU Taxonomy reporting to disclose not only eligibility, but also EU Taxonomy alignment for the objectives included in the Climate Delegated Act. Nordea ESG Research shows that the alignment numbers are surprisingly low for Nordic companies.
Engaging with customers to support the transition – what we do in practice
What impact does a bank have on the transition to a more sustainable society? For us it’s about understanding the challenges and opportunities our customers face and supporting them on their sustainability journey. This we put extra focus on during the annual Sustainability Week for employees.
Norrsken & Nordea supports Nordic SeaFarm – growing seaweed on a massive scale
Arable land is shrinking and fish stocks have dropped by 80%, putting pressure on the world’s food systems. Nordic SeaFarm wants to change that. By growing sustainable seaweed on a massive scale they enable a regenerative planet. Meet Simon Johansson, CEO at Nordic SeaFarm, located at the tech hub Norrsken House in central Stockholm.
'Green sustainability-linked bonds': Getting to the heart of accountability and impact in sustainable financing
As the sustainable finance market has grown, expectations from both investors and society at large have increased. To mitigate challenges faced by the traditional green and sustainability-linked financing formats, issuers of combined structures are paving the way for new “best-in-class” sustainable finance products, both ensuring transparent impacts and intentional sustainable development.
One-of-a-kind green bond from Landshypotek Bank sets new record
Landshypotek Bank is one of the only banks in the world to issue green covered bonds that exclusively finance sustainable forestry. The bank's recent bond reissuance drew record investor interest, confirming that Swedish forest owners attract investors.
From ambition to action: A call for investment in the green transition
A series of all-star speakers gathered at Nordea’s recent Nordic AAA Seminar in Copenhagen to discuss the imperative for increased green investment and the financial sector’s vital role in the transition.
Last year began optimistically for responsible investors, but their attention was soon captivated by swelling and surging energy prices driven by Russia’s invasion of Ukraine. explains Head of Asset Management Nils Bolmstrand in his introduction to the Responsible Investments Report.
Nordea joins new UN-driven working group to set nature-related targets for the banking sector
The new working group is part of the United Nations Environment Finance Initiative and is formed to help banks understand how they impact nature and can reverse losses.