Our sustainability guiding principles shape our conduct in our daily work and our business decisions. We take them and all other relevant environmental, social and governance (ESG) principles into consideration when evaluating business risks and opportunities. We also expect our business partners and suppliers to adhere to these principles.
In relation to our customers, our Code of Conduct is the central document governing our approach to financing operations. It is supplemented by our sustainability guiding principles on advice, investment and financing, which can be found in our Sustainability Policy.
Code of ConductThe Code of Conduct describes Nordea’s high-level ethical principles that guide our business, how we treat our customers, and the conduct we expect from our employees. It includes aspects such as care for the environment, labour rights, how we treat our customers, commitment to human rights, the right to privacy, and anti-bribery and corruption.
The Code of Conduct applies to all employees and everybody working on behalf of Nordea, and is supported by specific and concrete policies to ensure compliance with everyday business.
Download the Code of Conduct
The Nordea Sustainability Policy sets out the principles for how Nordea ensures the long-term sustainability of its operations and, in so doing, strengthens long-term customer relationships and Nordea’s contribution to a greater good. The policy aims to support Nordea and its employees in their work and decision-making. Download our Sustainability Policy here. Updated in October 2024.
The Nordea Supplier Code of Conduct outlines Nordea’s expectations of suppliers and is aligned with the Nordea Code of Conduct and the UN Global Compact. We expect our suppliers to not only abide by the laws and regulations of the countries in which they operate, but also work to move beyond compliance. By encouraging suppliers to share our standards and continuously collaborate on improvements, we believe that we can have a significant impact and at the same time mitigate risk. Download Supplier Code of Conduct Policy here.
Nordea’s policy is to pay taxes in accordance with local regulations in all our countries of operation and, in so doing, to make an appropriate contribution to each society. We manage tax costs and risks prudently, and by paying and reporting taxes in due time, we aim to maintain a good local tax reputation.
Download our Tax Policy here. Updated in January 2025.
Information on tax strategy execution of Nordea Bank Abp Branch in Poland:
Fulfilling the obligation provided for in Article 27c of the Polish Act on Corporate Income Tax of 15 February 1992, Nordea Bank Abp acting in Poland through Nordea Bank Abp Branch in Poland, hereby publish the information on tax strategy execution. According to the Polish law, below documents are presented in Polish and for following fiscal years.
As a leading bank, Nordea has a responsibility to deliver good returns by supporting international norms and being a responsible investor. Because of this, we have developed policies, procedures and investment products to ensure that all our investee companies fulfil various criteria. We have also signed the UN Principles for Responsible Investment and are thus committed to integrating ESG factors into our investment analysis, decision-making processes and active ownership practices. Download our Responsible Investment Policy here. Updated in April 2025.
The Nordea Responsible Investment Distribution Policy sets the baseline of responsible investment requirements for savings and investments in Nordea Bank advice. You can download and read the policy here. Updated in June 2025.
Responsible marketing is an important part of our efforts to drive the change towards a more sustainable society. Here you can download our Responsible marketing policy summary. Updated in My 2023.
We recognise that respect for human rights is essential to creating a just and sustainable world.
Nordea is therefore committed to respecting internationally recognised human rights standards and meeting the corporate responsibility to respect human rights as defined in the UN Guiding Principles on Business and Human Rights. This policy describes our governance structure and related policies supporting our commitment.
Download the Nordea human rights policy Updated in October 2024.
The Nordea Diversity & Inclusion Policy sets the direction for Nordea’s integration of equal opportunities, diversity and inclusion . With this we ensure a fair, equal and inclusive workplace while at the same time the relationships with our customers and society. The policy aims to support Nordea and its employees in their work and decision making.
To support prevention, our occupational health and safety guideline summary, OH&S management system (following the ISO standards 45001 and 45003) and our OH&S risk taxonomy guide us in investigating, risk assessing and taking mitigating actions to continuously improve our working environment and the wellbeing among our employees.
Have a look at our occupational health and safety guideline summary here.
Nordea condemns all acts of discrimination, harassment, sexual harassment or similar violations of a person’s dignity. Our employees, customers, partners and others in contact with us, have the right to be treated with fairness and respect. Our policy summary against discrimination and harassment sets out the framework and basic principles that support this commitment and how it is implemented, measured and reported on.
See full Nordea Policy summary against Discrimination and Harassment here
The summary outlines Nordea’s commitment and approach to fostering financial well-being and inclusion for individuals and households. It is grounded in our customer promise – to treat customers fairly – and is aligned with our policies and internal rules. This document complements the Sustainability Statement in our Annual Report, which includes material on our social impacts, and should be read in conjunction with our other reporting. It has been prepared for information purposes only and is not subject to third-party assurance.
Find the Nordea financial well-being and inclusion commitment summary here. Updated in June 2025.
The policy requires all fossil fuel companies to demonstrate that they have a decarbonisation strategy that is consistent with target of 2°C global warming or less. These companies are included on the Paris-Aligned Fossil Fuel list. Companies that are not on the list will be excluded from funds adhering to the policy. Download the Nordea Asset Management Fossil Fuel Policy here. Updated in May 2025.
Sets out Nordea Life & Pension’s overall responsible investment approach and principles and how these are integrated across the Nordea Life & Pension organisation. Download the Nordea Life & Pension Responsible Investment Policy here. Updated in May 2026.
Sets out Nordea Life & Pension’s positions, commitments and expectations in terms of climate change. Download the Nordea Life & Pension Climate Change Policy here. Updated in May 2026.
Outlines Nordea Life & Pension’s active ownership principles, which include engagement and voting practices. Download the Nordea Life & Pension Engagement Policy here. Updated in December 2025.
Here, you will find our core ESG policies, which apply across all sectors, products and Group entities.
Download our Position Statement on Climate Change here. Updated in May 2019.
Download the Nordea thematic guideline on biodiversity here. Updated in November 2023.
Download the Nordea thematic guideline on social responsibility Updated in May 2025.
Here, you will find our positions on cross-sector ESG topics. We have formed these positions taking into account regulatory requirements, material risks and stakeholder expectations.
Download our Sector Guideline for the Agricultural Industry here. Updated in September 2020.
Download our Sector Guideline for the Defence Industry here. Updated in May 2026.
Download our Sector Guideline for the Forestry Industry here. Updated in November 2019.
Download our Sector Guideline for the fossil fuel based industries here. Updated in May 2026.
Download our Sector Guideline for the Gambling Industry here. Updated in August 2023.
Download our Sector Guideline for the Mining Industry here. Updated in May 2026.
Download our Sector Guideline for the Real Estate Industry here. Updated in December 2025.
Download our Sector Guideline for the Shipping Industry here. Updated in August 2023.
Here, you will find our sector-specific guidance, which is aligned with our policies and details our positions, exclusions, engagement and related due diligence.
Read the introduction and glossary for the guidelines.
Our set of global policies help us achieve robust and consistent standards of compliance throughout the Nordea Group.
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Nordea has reported on environmental and sustainability performance on an annual basis since 2002. Find out more about our sustainability work in our reports here.
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Nordea presents its policies for investment services, enabling corporate and institutional customers to locate and view the policies relevant to their needs.
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