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
Enabling banks to finance the real transition
As a bank, Nordea has a unique opportunity to facilitate our clients' transition towards a more sustainable and net-zero future. Regulations and policy measures must support banks in this task, says Martin Persson, Head of Large Corporates & Institutions, in Views: The Eurofi Magazine.
While the global sustainable bond market made a definite, if somewhat muted, return to growth in Q1 2023, the Nordic market stood out once again, showing strength despite some concerns carried over from 2022. With record sustainable volumes in Q1 and notable traction in the corporate Eurobond market, sustainable financing has found a successful home in the Nordics.
European Sustainability Reporting Standards: the introduction and formalisation of concepts
The European Sustainability Reporting Standards are a core component of the sustainability reporting landscape within the European Union, providing the mandatory reporting framework to be followed under the Corporate Sustainability Reporting Directive. As alignment across EU regulation increases, it is important to be aware of definitions and concepts introduced under each new proposal.
Every year manufacturers throw away 80,000 tonnes of food in Norway, accounting for 3-4% of the total volume of food produced. With Nordea’s support, Plateful will reduce that to a minimum.
Improved gender balance at all levels of the organisation
Nordea’s good progress towards gender balance at all levels of the organisation is reflected in this year’s SHE Index where Nordea is number 1 in Sweden and Finland.
Social bonds: Investing to improve social conditions
Investors have an important role to play to steer capital towards solutions that can improve social conditions. The most direct way to impact social conditions is probably to finance or refinance social projects.
At Nordea, we’ve committed to becoming a bank with net-zero emissions and have set targets for 2023 and 2025. Now, with less than a year until the end of 2023, we’ve invited Head of Group Sustainability Anja Lidgren Hannerz to a talk about Nordea’s progress.
Nordea ramps up ESG training to stay relevant towards our clients
Our Large Corporates & Institutions unit at Nordea has scaled up its ESG education efforts for staff to ensure that we can play a material and meaningful role in supporting our clients' transition towards a more sustainable and net-zero future.
Using our voting power to influence how companies are run
Did you know that Nordea is the largest portfolio manager in the Nordics and actively use its voting rights at almost 4,000 annual general meetings with around 50,000 items on the agenda and 1,200 proposed motions each year?
As the need for decisive action on climate change becomes ever more pressing and present, so does the need for corporate accountability and well-defined pathways towards a lower-emissions future. We use SBTi’s latest full-year dataset to bring you insights into the world of net-zero targets.
ECB’s journey to decarbonise its corporate bonds holdings: an update
The European Central Bank (ECB) has committed to strengthening its efforts to combat climate change. With upcoming monetary policy set to dampen the effect of the bank’s existing flow-based approach to decarbonising its corporate bond holdings, we take a look at the proposed stock-based approach and assess progress so far.