CSRD explained: Supporting clients with their double materiality assessments
The Corporate Sustainability Reporting Directive (CSRD) is transforming corporate sustainability reporting in the EU. Learn why the "double materiality assessment" is crucial, and how Nordea is helping clients navigate the new reporting requirements.
MASSIV+: Cracking the code for measuring scope 3 emissions
A groundbreaking initiative by leading global companies including Microsoft, IKEA and Volvo Cars aims to revolutionise how industries report and validate their greenhouse gas emissions. Mats Lundberg, Head of Sustainability at Sandvik, explains how the MASSIV+ partnership is working to resolve the pain points of today’s emissions reporting structure.
ESG ratings update shows continued progress for Nordic companies
Nordea Equities' ESG Research team has published the annual update of its ESG ratings based on around 300 companies' published 2023 data. ESG remains firmly in focus for Nordic companies, although momentum has slowed in some metrics.
Owners have to care about sustainability – It is an investment risk
What role have owners played in making so many Nordic corporates sustainability pioneers? Our Nordea On Your Mind author Viktor Sonebäck sat down with Eric Pedersen, Head of Responsible Investments at Nordea Asset Management, to explore the evolution of responsible asset management, key drivers of its growth and how Nordic companies stand out on the global stage.
Alfa Laval: Optimising today, innovating for the future
In this Nordea On Your Mind interview, author Viktor Sonebäck explores how sustainability is embedded in Alfa Laval’s culture and operations. Read more about how the company views being at the forefront of sustainability as a business opportunity, focusing on providing sustainable solutions to customers and integrating sustainability into its core values.
EU Renovation Wave: A golden opportunity for renovation companies
The EU Renovation directive will require cumulative investments of around EUR 1.2tn during 2024-30, according to Nordea's ESG Research team, offering an unprecedented opportunity for renovation companies. The team analyses which renovation measures are likely to be prioritised.
EU Renovation Wave: Impact on Nordic real estate companies
The EU Renovation directive will require a monumental renovation effort in Europe. Nordea's ESG Research team takes a look at the potential impact on Nordic real estate companies.
With the far right making gains in the recent EU elections, questions have arisen about the impact on the Green Deal, the set of policies designed to make the EU climate neutral by 2050. Marco Kisic, Head of ESG Research, shares what to expect.
CSRD, CSDDD, ETS, CBAM – 4 EU sustainability regulations that will shape companies’ business models
The coming years will see a significant ramp up in the scope and ambition of EU regulation on sustainability. Four far-reaching regulations - the CSRD, CSDDD, ETS and CBAM - have the potential to reshape corporate strategies and business models. Explore the effects of these regulations and their implications for the business landscape.
Swedish billion kronor investment in climate-neutral steel and pulp input
Lime is a component in steelmaking and the production of paper pulp. It’s also used in everything from paint to water purification. Unfortunately, lime is also a real climate culprit. SMA Mineral in Värmland will change this with new technology, 10 billion kronor and Nordea as a partner.
Nordic companies’ EU Taxonomy alignment on the rise
Nordic companies have reported their EU Taxonomy numbers for 2023, and Nordea's ESG Research team has analysed the results. While average revenue alignment for companies increased from 7.5% to 8.0%, we still see upside potential for several sectors.
Companies report on four new EU Taxonomy objectives: water, pollution, biodiversity and circularity
EU companies recently reported their alignment with the EU Taxonomy for the second year in a row. For the first time, they also reported their eligibility under four new environmental objectives: water, pollution, biodiversity and circularity. The results bode well for companies' overall Taxonomy alignment numbers next year, according to Nordea's ESG Research team.