Responsible banking

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.