Nordea’s CSR Report (Corporate Social Responsibility) was the media’s choice as the best sustainability report in 2014. In addition, the jury gave Nordea an honourable mention. Sustainability Reporting Award is coordinated by FIBS, a leading non-profit corporate responsibility network in Finland.
Nordea’s report was for the first time ranked among the top 10 reports in the common category and received an honourable mention. According to the jury, the report describes comprehensively the principles, tools and execution of responsible investment and the environmental impact of Nordea’s own operations.
Liisa Jauri, head of Corporate Social Responsibility at Nordea, says that it is becoming more and more important to respect stakeholder expectations and integrate them into the business as well as to have the ability to make difficult issues and choices transparent:
- It is also important to understand how widely Nordea impacts the societies in which it operates. This award is a remarkable recognition for all our corporate social responsibility efforts, not just for the report.
A clear link between business and responsibility
In addition to the jury’s choices, awards were also presented to the favourite reports of key reader groups: media, investors, non-profit organisations and students. Each reader made their choice among the top 10 reports on the basis of their personal selection criteria. This year, media’s choice was made by Marko Junkkari, Editor at Domestic Politics, Business and Economics News Desk of Helsingin Sanomat.
In his selection criteria, Marko Junkkari said his review was based on a reporter’s approach: did the reports include relevant information which was easy to find and which could have journalistic use?
Sustainability Reporting Award is organised by Aalto University School of Business, Finnish Institute of Authorised Public Accountants, the Ministry of Employment and the Economy, the Association for Environmental Management (YJY), the Ministry of the Environment and Corporate Responsibility Network FIBS. The reports of all listed companies, including Nordea, were reviewed for the awards automatically without separate registration.
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