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Nordea’s team for Responsible Investments recommends an exclusion of the three companies behind the Dakota Access Pipeline. The three companies in question are Energy Transfer Partners, Sunoco Logistics and Philips 66.
The U.S. Department of the Army on Feb. 7, 2017, announced that it intends to grant the final permit for the pipeline. This allows for it to be constructed according to the current route, under Lake Oahe and close to the Standing Rock Sioux Tribe’s reservation. The department also cancelled the plan for an additional environmental-impact statement.
Nordea has sought a dialogue with the three companies behind the pipeline about an alternative route. The companies have declined any form of dialogue with Nordea.
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Over a year into the pandemic, what’s the economic outlook?
Economic outlook
The Nordea Economic Outlook comes out on 11 May. Sign up for the same-day webinar with Group Chief Economist Helge J. Pedersen.
Strong start to the year
About Nordea
High levels of customer and business activity led to very strong first-quarter results.
Strong market belief in Nordea’s long-term strategy of active investing
Sustainability Markets and investments
At this year’s edition of the Morningstar Awards, Nordea Funds brought home no more than six wins in total.
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140 Nordea funds tighten requirements on investments in fossil fuel
Sustainability Markets and investments
140 Nordea funds now tighten their requirements on fossil companies and are only investing in companies that are on a green transition path.
Notice to Nordea’s Annual General Meeting and additional webcast for shareholders afterwards
About Nordea
Nordea’s Annual General Meeting (AGM) will be held on Wednesday 24 March 2021 at 14.00 EET in Helsinki. Due to the coronavirus situation it is not possible t...
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