Nordea collects ESG Award on behalf of The Corporate Human Rights Benchmark

18-03-19 10:44 | Responsible investment | Society

CFA Sweden awards The Corporate Human Rights Benchmark (CHRB), of which Nordea is a funding member.
On 13 March The Corporate Human Rights Benchmark (CHRB) received CFA Society Sweden ESG award for 2017. The Award is attributed to persons and organisations that contribute to "raising awareness of the importance of ESG issues in the investment process." The award was accepted by Magdalena Kettis, Group Sustainable Finance, who is a member of the CHRB advisory council. 

The Corporate Human Rights Benchmark (CHRB) aims to measure the human rights performance of the world’s 500 largest publicly listed companies. "CHRB provides a comparative snapshot from year to year of the largest companies on the planet, looking at the policies, processes and practices they have in order to systematize their work on human rights and how they respond to serious allegations of human rights violations. CHRB is publicly available to all stakeholders at no cost.”

The motivation of the ESG Committee of CFA Society Sweden was that “With the Corporate Human Rights Benchmark (CHRB), a consortium of Aviva, APG, Business & Human Rights, EIRIS, IHRB, VBDO and Nordea are addressing this issue in a very ambitious manner and taking the topic to the financial markets through transparency, accessibility and a form of standardization previously missed”.  

”This is an important recognition that human rights are relevant in the business and financial context.” Says Magdalena Kettis, Group Sustainable Finance. 

Read the CFA press release here (in Swedish) or the English translation here.

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