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.
Sustainable banking
Nordea Life & Pension meets climate targets and sets new ones for 2030
At the end of 2024, Nordea Life and Pension (NLP) concluded its first target period with emission intensity reduced by 43% compared to 2019. More and more of NLP’s investee companies have started taking necessary actions – committing to as well as taking concrete steps towards achieving net-zero emissions.
Nordea is on track in reducing emissions from its lending portfolio. With a 36% reduction we’re closing in on our 2030 target for the lending portfolio. Furthermore, we continue to support the transition. Since 2022 Nordea has facilitated more than EUR 185bn in sustainable financing, well on track to meet its 2025 target of more than EUR 200bn.
Nordea maintains position in S&P Global Sustainability Yearbook
Nordea has once again been recognised for its commitment to sustainability by being included in the S&P Global Sustainability Yearbook 2025. This marks the third consecutive year that we have earned this distinction, placing us among the top 15% of the world’s most sustainable banks.
While the highest ambitions of the Paris Agreement seem increasingly difficult to meet in the current global political landscape, there is still progress to be found. Three of our sustainability experts discuss the impact of the US election and COP29 and what it will mean for the transition plans many Nordic companies are working with.
Nordea to donate EUR 200,000 to research with focus on biodiversity impact in the Nordic countries
Nordea’s donation will support the University of Jyväskylä four-year research programme in developing open-access methods for assessing the biodiversity footprint of economic activities.
Finnish businesses to get green-investment boost of more than EUR 400 million as Nordea and EIF team up
Finnish companies are to receive as much as EUR 437 million in loans for energy upgrades as a result of financial deal between Nordea and the European Investment Fund. Backed by InvestEU, the initiative provides favourable financing for moving to clean power and saving more energy.
COP29 ended with a new climate finance goal, but the participating countries couldn’t agree on wording describing how countries should move away from fossil fuels. Our sustainability experts Matti Kahra, Tiina Salonen and Stefan Henningsson analyse the outcomes of the global climate summit.
Saving with sustainable focus: How green is green?
Funds that focus on sustainability – what does that really mean? How can investment funds be sustainable and who sets the requirements? More and more people are showing interest in this form of investment and there is regulation in place to support it. Get a quick overview.
Time for our work with nomination committees – pushing diversity on the agenda
Nordea is an active owner and this means that we engage with the companies we invest in. One important part of our active ownership work is to participate in nomination committees to prepare for the nomination of board members to the companies’ general meeting.
Sustainable financing for Copenhagen’s landmark construction project UN17 Village
For the first time in the world, all of the United Nations 17 Sustainable Development Goals are integrated into one construction project. To make the project as sustainable as possible in every respect, Nordea has financed it with green bonds and green construction loans.
Nordea receives UN-backed responsible investment award for its work to reduce portfolio companies’ methane emissions
Nordea Asset Management (NAM) receives the prestigious PRI Award for leadership in climate action. This is because of NAM’s extensive engagement with – among others – Exxon Mobil, Chevron and Petrobas to have them commit to reducing methane emissions.