External commitments supporting our work
We are committed to engaging and working with our clients and portfolio companies towards improved business practices. To ensure that we communicate our expectations and that companies comply with our requirements and thresholds, each business area is to implement relevant efforts depending on the nature of the business, credit exposure and size of the company. Examples of such efforts include screening our portfolio to identify companies that are relevant to engage with and integrating ESG considerations into our dialogue with companies. These guidelines are supplemented by internal policies and guidelines.
Endorsed external charters and initiatives
We have endorsed a number of important international treaties that help guide us and live up to our overarching commitments. In addition to the conventions below, in its operations and business, Nordea follows the United Nations’ Universal Declaration of Human Rights, ILO conventions and the OECD Guidelines for Multinational Enterprises.