Nordea stops further investments in Volkswagen

Sasja Beslik
15-09-25 14:01 | Sustainability | About Nordea

The Responsible Investment Committee of Nordea Asset Management decided on 23 September to stop all further investments in Volkswagen AG in Nordea’s funds.

The VW stock and bonds are put in quarantine, which means that Nordea’s portfolio managers may hold and sell the stock and bonds, but not increase the exposure to VW. 

- We have decided to stop any further investments given the unforeseen financial impact on the company and the possible severe violation of environmental regulations, says Sasja Beslik, Head of Responsible Investments at Nordea. 

The Responsible Investment team has initiated a dialogue with Volkswagen AG to address the diesel-emissions scandal and investigate what actions the company will take going forward.

Read more about how Nordea works with responsible investments

Read more news

Collaborating for a shared future at Davos

About Nordea Sustainability

As the World Economic Forum meets in Davos this week, Nordea will be at the forefront of discussions on how we can work together to co-create and co-design f...

New rules, more investor protection – welcome to MiFID II

About Nordea Markets and investments

The MiFID II directive came into force on 3 January of this year.

Economic-Outlook

Save a front-row seat for Nordea’s Economic Outlook

Economic outlook

Sign up for a webinar in your local language, and receive the report as soon as it comes out on 24 January.