Sustainability
Nordea updates guidelines for four key sectors
The four ESG sector guidelines address areas that are critical for European security and resilience.
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Nordea
Nordea founding partner of Nordic Compass – a new Nordic industry-led initiative to strengthen competitiveness and resilience
Nordic Compass – a new Nordic industry-led initiative – brings together major industrial actors to mobilise the Nordic region’s shared societal, innovative and industrial strengths in new ways.
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Sustainable transition
Nordea makes strong progress towards 2030 climate target with 44% reduction of financed emissions in lending portfolio
Nordea continues to make progress in delivering on our climate commitments and supporting our customers with their transitions. With a 44% reduction in financed emissions across the lending portfolio and EUR 235bn facilitated sustainable financing, we have exceeded our target for 2025 and are on track to meet our 2030 targets.
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Sustainable transition
Nordic businesses express firm commitment to climate transition
A new survey from Nordea shows that Nordic businesses continue to express firm commitment to climate transition. Our Business Banking Customer Sustainability Survey identifies three key findings that highlight the maturity and determination of Nordic businesses’ approach to sustainability transformation.
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Sustainable transition
Nordea updates sector target and clarifies position on oil and gas extraction
Following our progress in climate risk management over the past years, we have updated our sector target to further reduce financed emissions from oil and gas extraction.
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Sustainable finance
Nordic businesses boost energy efficiency investments through expanded EIF guarantee programme
More and more SMEs are taking advantage of our loan guarantee agreement with the European Investment Fund (EIF) to secure favourable financing for energy renovations and other sustainable investments in their businesses.
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Sustainable banking
Nordea recognised as climate transition leader in new Morningstar Sustainalytics report
Morningstar Sustainalytics has recently published a new report identifying companies that are taking steps to reduce emissions, set actionable targets and implement good governance practices. Nordea is highlighted for its significant progress in reducing emissions and its comprehensive climate targets.
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Sustainability
How radio automation pioneer Jutel accelerated their sustainability efforts
Finland-based Jutel has shown that even a small company can lead the way in sustainability. With Nordea’s support, the pioneer of radio automation solutions has taken significant steps towards a more sustainable business.
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Sustainable transition
Green transition: Progress and challenges in a shifting global landscape
The green transition is progressing in an unstable global situation. In Finland and more widely in Nordics, emissions are decreasing, but global emissions continue to rise. A contrast in transition pace has emerged between Europe and the United States, highlighting divergent political climates.
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Sustainable banking
Nordea invited to the EU Commission roundtable on nature credits
Nordea participated in EU Commissioner Jessika Roswall’s high-level roundtable on nature credits. As these types of credit instruments are gaining traction, Nordea sees it as a natural step to participate in the development of a potential tool to reverse the trends of biodiversity loss.
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Sustainable banking
Why do banks focus on biodiversity?
Productive and stable economies are dependent on sufficient natural resources and well-functioning ecosystems. In this explainer we dive into why biodiversity has become increasingly important to banks and the role it plays in our own sustainability strategy.
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