Nordea Asset Management, which manages Nordea’s funds, has been awarded excellent scores by the United Nations-supported Principles of Responsible Investment (PRI) for its overall sustainability strategy and governance.
Nordea’s funds fared excellently in the responsibility assessment. In the area of strategy and governance, Nordea received the highest rating of A+, while in all the other categories it received an A rating, which was clearly above average especially in the area of active ownership. The score reflects our 13 years of experience in the field of sustainable investments and our true commitment to integrating environmental, social, and governance (ESG) principles into each step of our investment process for the funds.
The PRI assesses the actions reported by the signatories annually and provides a report of its assessment to those that have responded. The report assigns the signatories a rating from A+ (highest) to E (lowest). The peer group includes all the signatories that have responded to the questions in the category in question. The assessment criteria include strategy and governance, active ownership, selection and supervision of external asset managers and asset class-specific modules concerning equities, fixed income investments and property.
The ratings are based on information reported by the signatories, which has not been audited by an independent auditor. All of the responses given by the signatories are published on the PRI website.
The journey continues
The ESG processes used when investing the assets of Nordea’s funds have been developed for more than 13 years, and this work continues. This autumn, the work to align investments in Nordea’s Sustainable Funds with the climate goals of the Paris Agreement will start. This work will begin in the sectors that account for more than 80% of global greenhouse gas emissions.
Follow our work with active ownership in your local Nordea Funds Magazine:
Read more news
Economic outlook Nordea podcasts
Could the pandemic be resolved by a vaccine or therapy next year, or will we need to accept that it continues to burden the economy?
Sustainability Markets and investments
Read our new publication on sustainable investment
Digital banking About Nordea
Nordea is a main partner of Slush, the world’s leading startup and tech event. Nordea’s focus is on helping investors and startups find their best matches.
Sustainability About Nordea
Over the last seven years, Nordea’s procurement team has worked diligently on embedding sustainability in its core processes.