Actively engaging to drive the transition
Nordea has a long-term perspective and firmly believes that companies with a sustainable business model carry lower financial and reputational risk, which ultimately brings about better business for Nordea as a bank as well as value to our society and stakeholders.
By supporting our customers’ transition through financing, advising, and actively engaging in our investments with a clear focus on sustainability, Nordea can drive positive impact.
Nordea's largest emissions come from our investments and the companies we finance, referred to as scope 3 emissions or financed emissions. It is within this area that Nordea, as a bank and especially as the largest Nordic bank, can have the biggest impact in transitioning to a more sustainable economy.
Our business objective for 2030 is to have reduced the carbon emissions across our lending and investment portfolios by 40–50% relative to our 2019 baseline.
It is important to acknowledge that it is ultimately up to the customer or the company we invest in to have to implement the changes. However, Nordea’s role is to actively support and guide them in their decisions to do so and to provide the tools to make change happen.
Read more about how we are supporting companies and driving impact through our financing.Go to page
Read more about how we are working with sustainability in our investments as active owners.Go to page
Nordea’s Supplier Code of Conduct is mandatory for all our contracted suppliers. It requires the supplier to adhere to the core principles of the UN Global Compact within the areas of human rights, labor standards, environment and anti-corruption.Read more
We offer a full suite of products and services, including green bonds and ESG data advice, to help clients engage with their financial and external stakeholders on their sustainability agenda and increase their overall impact.Read more
Promoting businesses and innovations with sustainable solutions of energy and infrastructure is a priority in our investment and lending policies and guidelines. The Nordea Green Bond and Sustainable-linked loan funding framework represent a further step in our effort to incorporate environmental considerations in our core operations.Read more