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.
Press releases
Nordea outlines its 2023 sustainability targets in the latest Sustainability Report
We want to make a difference together with customers and enable them to make sustainable choices, contributing to society through climate action and social impact.
Sustainability isn’t just about the environment. Companies strive to be robust and able to take change in their stride. But few were prepared for a global pandemic on the scale of COVID-19. Businesses around the world were forced to shut their doors. Supply chains, sales models, and support services were all thrown up in the air.
Nordea one of the speakers when asset owners met with the UN Secretary-General on new climate commitments
On 26 January representatives from the Net-Zero Asset Owner Alliance met UN Secretary-General António Guterres to discuss new initiatives and targets for the transition to net zero emissions.
Textile recycling champion Renewcell suits up with tailor-made financing
Renewcell is on a mission to green the fashion industry with Circulose®, its ground-breaking product made from the cotton from worn-out clothes. Nordea drove the company’s successful IPO in December, while also securing comprehensive export and project financing that enables Renewcell to move into large-scale commercialisation. The tailor-made financing, a unique mixture of equity and debt, highlights the critical role of financial actors in financing the ‘Industrial Evolution’ towards circularity and sustainability.
Nordea sets target to become a net zero emissions bank by 2050
Nordea has updated its plan to fully integrate sustainability into its business strategy with a long-term objective to become a net zero emissions bank by 2050 at the latest.
Do green bonds perform better than non-green ones? Andreas Zsiga, chief analyst in Nordea Credit Research, recently examined that question. He discusses his findings and the outlook for green premiums going forward.
Nordea in top 100 among the world’s most sustainable corporations
Nordea is again ranked as one of the top 100 most sustainable corporations in the world by Corporate Knights. The 2021 Global 100 ranking was announced today at a virtual CEO roundtable discussion.
Financial stakeholders are key to shipping’s green transition
Andrew Stephens, Executive Director of the Sustainable Shipping Initiative, kicked off Nordea's online Sustainable Finance and Shipping Forum on 20 January. He shares his thoughts on the transformational impact of ESG and sustainable finance on the shipping industry.
The sustainable loan market: A snapshot of recent developments
Since the publication of the Sustainability-Linked Loan Principles in 2019, global sustainability-linked loan volumes have shot past green loan levels. Sustainability-linked loans provide a good complement to green loans for companies pushing a broader sustainability strategy and are a relevant alternative for entities within sectors that are not green by nature.
Nordea Asset Management signs letter against construction of coal-fired plant in Vietnam
A consortium of investors including Nordea Asset Management (NAM) has signed a letter to financial institutions and companies involved in the construction of the coal plant Vung Ang 2 in Vietnam.
Investments that reduce food loss and waste can deliver two big wins: improving food security and reducing greenhouse gas emissions, according to the World Bank, which recently issued two bonds to raise awareness of the issue.