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
“There is always more we can do as employees”
At Nordea, we’re constantly looking for new ways to reduce our environmental footprint and optimise our workplace. A task that the colleagues in Tallinn are driving with innovative solutions and high engagement.
Field trip to Texas: Nordea in dialogue with oil and gas companies on emissions reduction
In the blistering heat of Texas, Nordea Asset Management went on a week-long field trip to Houston and the Permian Basin to engage 12 important oil and gas companies in reducing their methane emissions.
Sustainable bond markets are again showing positive signs, with both global and Nordic sustainable bond volumes beating previous years during the first half of 2023. Nordic sustainable loan markets struggled in the interest rate environment of H1 2023, although Finland and Norway showed strong performance.
European Commission adopts European Sustainability Reporting Standards (ESRS)
While many of the reporting areas initially proposed to be mandatory for corporates were diluted to voluntary before being adopted, the European Commission said it aimed to strike a balance between limiting the reporting burden on companies while enabling them to show their sustainability efforts.
Nordea continues to win top rankings in sustainable finance
Global Finance has once again recognised Nordea's sustainability leadership in its 2023 Sustainable Finance Awards. In addition to country wins for Denmark, Finland and Norway, Nordea was also named top bank for transition/sustainability-linked loans in all of Western Europe.
2022 proved to be a formidable challenge for the investor community, says Nils Bolmstrand, Head of Nordea Asset Management, in his introduction to the report.
Investors are facing growing risks in their portfolios due to the effects of global warming and biodiversity loss. These risks are systemic and could destabilise the global financial system. Investors will want to navigate in this new global landscape.
Beyond climate: Sustainability-linked loans embrace diverse targets
Loans linking borrowing costs to sustainability targets have surged in recent years. While sustainability-linked loans have tended to focus on climate-related goals, borrowers are increasingly going beyond climate to include social targets in their financing.
ICMA Women’s Network: Together for a brighter and safer Europe
Sustainable finance in stormy times. European security and a warzone witness from Ukraine. Gender equality and women’s rights. The ICMA Women’s Network in Helsinki had it all: expert speakers with a top-notch keynote and panel views.
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.