The financial markets are undergoing fundamental changes as the global economy shifts towards becoming low-carbon and sustainable. As the largest financial services group in the Nordic region, Nordea has an important opportunity and responsibility to accelerate that shift. By supporting our clients’ transition through financing and advisory services, we help our clients engage with their sustainability agendas and increase the overall impact.
That leadership and commitment is being recognised, as Global Finance has named Nordea the winner of its Sustainable Finance Awards in all Nordic countries where the award is given – Sweden, Denmark and Finland.
The US-based industry magazine awarded the financial institutions in 63 countries and territories that stand out for their efforts to ensure adequate financing for sustainability initiatives and their creativity in addressing these long-term issues.
“It’s gratifying to have our efforts recognised by Global Finance and a clear sign that we’re on track with our ambition to be the best ESG investment bank in the Nordics,” says Jacob Michaelsen, Head of Nordea Sustainable Finance Advisory.
The awards program focused on activities from January to December 2021 and evaluated criteria including governance policies and goals as well as measurable achievements in environmental and social sustainability financing. There was no fee for participation.
2025 target: Over EUR 200bn in sustainable financing
ESG is one of the main drivers in Nordea’s 2025 strategic plan. Earlier this year, we announced new sustainability targets for 2025, including leveraging our Nordic number one position to facilitate more than EUR 200bn in sustainable financing over the next four years.
In addition to winning the Sustainable Finance Awards, Nordea was also once again named best investment bank in Sweden, Denmark and Finland.
