ESG now a ‘hygiene factor’ for companies
Ludvig Kapanen, a credit research analyst at Nordea in Sweden who focuses on the real estate and construction sector, completed the CESGA training in 2022. He says sustainability is becoming a hygiene factor for companies to be able to attract capital, whether by issuing equity, bonds or taking out bank loans.
“We are integrating ESG more and more into our daily work and research,” he says. “It is also needed for us to stay relevant towards our clients.”
Samu Wilhelmsson, a credit research analyst at Nordea in Finland who also went through the training, says there’s plenty of opportunity to apply learnings from the course on the job.
“All companies want to say they’re sustainable. Now I can better assess how sustainable they actually are,” he says. He adds that sustainability is a good discussion starter with investors, which are increasingly bound by ESG criteria in their fund rules.
“How we view these companies in terms of sustainability will have a larger impact for sure,” he says.