Policies & sector guidelines

Nordea’s Code of Conduct

The 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.

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.

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.

• Download the Informacja o strategii podatkowej realizowanej przez Nordea Bank Abp działającej na terytorium Polski poprzez Oddział za rok podatkowy zakończony 31 grudnia 2020 r.
• Download the Informacja o strategii podatkowej realizowanej przez Nordea Bank Abp działającej na terytorium Polski poprzez Oddział za rok podatkowy zakończony 31 grudnia 2021 r.
• Download the Informacja o strategii podatkowej realizowanej przez Nordea Bank Abp działającej na terytorium Polski poprzez Oddział za rok podatkowy zakończony 31 grudnia 2022

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.

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. 

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.

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

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.

Download our Diversity & Inclusion Policy here

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 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.

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.

Sets out Nordea Life & Pension’s positions, commitments and expectations in terms of climate change. Download the Nordea Life & Pension Climate Change Policy here.

Outlines Nordea Life & Pension’s active ownership principles, which include engagement and voting practices. Download the Nordea Life & Pension Engagement Policy here.

Download our Position Statement on Climate Change here.

Download the Nordea thematic guideline on biodiversity here. 

Download the Nordea thematic guideline on social responsibility

Download our Sector Guideline for the Agricultural Industry here.

Download our Sector Guideline for the Defence Industry here.

Download our  Sector Guideline for the Forestry Industry here.

Download our Sector Guideline for the fossil fuel based industries here.

Download our Sector Guideline for the Gambling Industry Sector Guideline for the Gambling Industry here.

Download our Sector Guideline for the Mining Industry here.

Download our  Sector Guideline for the Real Estate Industry here.

Download our Sector Guideline for the Shipping Industry here.