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
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...
Markets and investments Nordea podcasts
In the latest issue of Nordea On Your Mind, we explore the COVID-19 pandemic's disruption of business models and turbocharging effect on e-commerce.
Euromoney has named Nordea as the best provider of Private Banking services in Nordic region and the Baltics in their annual private banking survey.