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
Chief Economist's Corner: A greener agricultural country
Denmark will soon be one of the first countries in the world to introduce a CO2e tax on agricultural emissions. Perhaps others will follow suit given the massive climate challenges, writes Nordea Group Chief Economist Helge J. Pedersen.
Nordea gets high recognition for how we practise active ownership in a recent independent report where we are compared to peers. Nordea is ranked number 8 among the 69 largest asset managers in the world.
Beijer Ref: Shaping the future of sustainable heating and cooling
Beijer Ref is on a mission to be preferred provider of sustainable and energy-efficient heating and cooling technology. Nordea has supported the company for over 20 years and recently helped facilitate the company's entry into the US market.
Nordea continues good progress towards its emission reduction targets
Nordea continues to show strong progress in reducing emissions from its lending and investment portfolios. Notably, the absolute emissions from the lending portfolio are down by as much as 29% compared with 2019.
Nordea further expands annual sustainability reporting
Reporting on the financial year 2024 will be further expanded as the application of the Corporate Sustainability Reporting Directive (CSRD) modernises and strengthens the rules concerning the social and environmental reporting.
Nordea sets sector target for cars and vans to lower emissions
Nordea is one of the first Nordic banks to set an emission reduction target for car and van financing that is science-based and aligned with the Paris Agreement. The aim is to reduce emission intensity by at least 40% by 2030 with 2022 as baseline.
Nordea named world’s best bank for sustainability-linked bonds
Global Finance has once again recognised Nordea’s sustainability leadership in its annual Sustainable Finance Awards for 2024 – this time at the global, regional and Nordic country levels.
Nordea included in the S&P Global Sustainability Yearbook for second year running
At Nordea, we have climbed in several of our key ESG ratings and are again included in the S&P Global Sustainability Yearbook, which places us among the top 15% sustainable banks globally.
Over the past few years, interest in nuclear energy has made a comeback, with its inclusion in the EU Taxonomy and a COP28 pledge to triple nuclear capacity. In a new report, Nordea’s ESG Research team examines this renewed interest.
Wallenstam: Energy retrofit – boosting operating margins and the climate
Real estate company Wallenstam is something of a sustainability pioneer. Already in 2013 the company became self-sufficient in electricity and today it increasingly focuses on energy optimisation.
Nordic sustainable bond market hits all-time high in 2023
2023 was another banner year for the Nordic sustainable bond market, with over USD 60 billion in sustainable issuance for the year and record volumes in three quarters.
Sustainable finance outlook for 2024: It’s all about transition
"Transition finance" has gone from being a bullet point in a list of key themes to being the overarching theme in sustainable finance, says Nordea Sustainable Finance Advisory's Jacob Michaelsen. He explains why and shares the main topics on the agenda in 2024.