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
Nordea comments NGO report on investments in the food industry
On December 20th, the NGOs Fair Finance Guide Sweden and World Animal Protection Sweden published a report on the Swedish banks (incl. Nordea) and public pension funds investments in the six largest chicken and pork production companies globally.
The three most important takeaways from the COP28 meeting
COP28 ended this week with a compromise text on fossil fuel, consensus on a renewables and energy efficiency target and progress on a loss and damage fund. Nordea’s sustainability expert Thina Saltvedt reflects on the outcome of the COP28 meeting.
Nordea’s new progress report on climate actions and targets
Today we have published our new progress report “Climate actions and targets for the lending portfolio ”. The report addresses the climate actions we take for the sectors where we have set targets in line with our commitment to the Net-Zero Banking Alliance (NZBA).
Electricity grids: The backbone and bottleneck for the green transition
The green transition will not happen without a radical overhaul of the electricity grid. This urgent need opens up significant opportunities for companies and investors exposed to the theme, particularly in the Nordics. That’s according to a new in-depth report from Nordea’s ESG Research team.
Decision-makers from 200 nations will gather at the UN climate change conference in Dubai to discuss actions needed to bring the world in line with the goals of the Paris Agreement. Nordea’s sustainability expert Thina Saltvedt reflects on the agenda and on what to expect from this year’s COP.
“Action on climate and nature must go hand in hand”
Today the United Nations Environment Finance Initiative (UNEP FI) publishes the first industry guidance on biodiversity where Nordea has been part of the working group. In this connection Nordea publishes its first thematic guideline on biodiversity.
Anja Hannerz joins the Banking Board of the UN Environment Programme Finance Initiative
The UNEP Finance Initiative brings together a large network of banks, insurers and investors that collectively works across the financial system for more sustainable economies and for giving their customers more sustainable choices.
Sustainable finance markets: Record highs so far in 2023
With the latest quarterly data now in, the Nordic bond market looks set to continue its unbroken trend of sustainable volume growth for another year. Supported by record H1 sustainable volume, the slightly reduced Q3 figures were enough to take Nordic sustainable bond supply to a new year-to-Q3 high.
User-friendly digital tools will be critical to the green transition of SMEs
According to experts and the SMEs themselves, knowledge, specific tools and greater focus on commercial potential are essential factors if SMEs are to attain the objective of green transition.
Nordea sustainability expert: ‘We have to make sure everyone is with us’
Meet Catrine Birkevold Liem, Nordea Sustainable Finance Advisory’s country lead for Norway. She reflects on banks’ role in enabling a real sustainable transition, as well as challenges, trends and game changers in the field.
With the help of Nordea, Farmforce contributes to limiting deforestation and child labour in the agricultural sector in Africa, Latin-America and Asia.