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 finance
A maturing Nordic sustainable bond market: lessons learned and expectations for the future
Sustainable bonds further solidified their position as a legitimate part of the global bond market during 2023. While we are seeing greater alignment in sustainable bond practices across regions, there is much to be learned from the Nordic market in particular.
Nordea expert joins core team to develop new climate accounting standards
A global team of 15 experts from significant banks, investors and insurance companies has been formed to lead the development of new climate accounting standards for the financial industry.
Empowering our workforce: Nordea launches bespoke ESG training curriculum
Nordea’s Large Corporates & Institutions unit continues to invest in building the ESG expertise and skills of staff to help accelerate the transition. A new modular sustainability training programme allows employees to tailor the curriculum to their specific needs and roles.
Building a circular economy with waste recognised as raw material
Family-owned Finnish waste management company Kuljetusrinki aims to support the green transition and help its customers achieve their recycling and sustainability targets.
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.