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 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.
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Press releases
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 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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Sustainable banking
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
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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Sustainable banking
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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Sustainable banking
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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Active ownership
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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Sustainability
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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Sustainable banking
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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Sustainable banking
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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Sustainable banking
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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