Sustainable banking

We want to become a bank with net zero emissions by 2050, and we always focus on accelerating our customers’ transition through our support and offerings.

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Sustainable banking

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.

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Press releases

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.

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Sustainable banking

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.

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Sustainable banking

Nordea comments NGO report on carbon footprint of Swedish banks

On January 24, the NGOs Fair Finance Guide Sweden and Swedish Society for Nature Conservation published a report on financed emissions from lending for the five largest banks in Sweden: Handelsbanken, SEB, Swedbank, Nordea and Danske Bank. The report was also mentioned in Swedish media.

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Thina Margrethe Saltvedt Nordea

Sustainable banking

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.

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A group of wind turbines standing next to a road in a moorland landscape on the coast at dawn.

Sustainable banking

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).

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Cecilia Fryklöf, Head of Active Ownership

Active ownership

Nordea in dialogue with companies about PFAS phase-out

As a responsible investor Nordea has joined the Investor Initiative on Hazardous Chemicals (IIHC) where over 50 asset managers are trying to impact companies to phase out the use of hazardous chemicals.

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Thina Margrethe Saltvedt Nordea

Sustainability

Three decisions that will make COP28 a success

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.

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bumblebee on a flower

Sustainable banking

“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.

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Head of Group Sustainability Anja Lidgren Hannerz

Sustainable banking

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.

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Windmills

Sustainable banking

Nordea sets sector targets for power production and agriculture

The new sector targets are important tools in reducing carbon emissions across Nordea’s lending portfolio and in supporting our customers in two sectors that are crucial for a net-zero future.

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Financing

What are green loans?

Green loans are loans meant for sustainable, environmentally friendly purposes, such as reducing CO2 emissions, or purposes contributing to the green transition in society such as developing new environmentally friendly technology.

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