Voting
Making active ownership count
We believe that sound corporate governance contributes to shareholder value and adds value to equity investments. Voting is an effective tool to influence companies in the right direction.
Our corporate governance team is responsible for defining and executing Nordea Asset Management’s corporate governance policy. Together with our overall ESG focus areas, our corporate governance principles guide the way we vote, and in which issues we decide to engage with companies.
To see how we are voting, visit our Voting portal . You can also read more in our reports.

Using our voting power to influence how companies are run
Did you know that Nordea is the largest portfolio manager in the Nordics and actively use its voting rights at almost 4,000 annual general meetings with around 50,000 items on the agenda and 1,200 proposed motions each year?
Read moreVoting summary 2023
Voted on
3,700
General Meetings.
We joined
39
nomination committees.
Meetings by country
- USA 24.3%
- China 9.4%
- Japan 8.9%
- Sweden 5.7%
- India 5.1%
- Other 46.6%
Meetings by sector
- Industrials 18.8%
- Financials 14.6%
- Consumer Discretionary 11.3%
- Information Technology 10.6%
- Health Care 9.4%
- Materials 8.5%
- Consumer Staples 7.9%
- Real Estate 6.1%
- Communication Services 5.0%
- Utilities 4.6%
- Energy 3.2%
88% for 12%
against
alignment with management.
Voting summary 2022
Voted on
3,900
General Meetings.
We joined
40
nomination committees.
Meetings by country
- USA 25.1%
- China 10.4%
- Japan 8.9%
- Sweden 6.3%
- India 4.6%
- Other 44.7%
Meetings by sector
- Industrials 18.0%
- Financials 13.9%
- Information Technology 11.7%
- Consumer Discretionary 11.1%
- Health Care 9.8%
- Materials 8.8%
- Consumer Staples 7.8%
- Real Estate 5.9%
- Communication Services 5.5%
- Utilities 4.1%
- Energy 3.4%
89% for 12%
against
alignment with management.
Voting summary 2021
Voted on more than
4,200
General Meetings.
We joined
42
nomination committees.
Meetings by country
- USA 23.0%
- China 10.5%
- Japan 8.9%
- Sweden 6.3%
- United Kingdom 3.7%
- Other 47.5%
Meetings by sector
- Industrials 16.7%
- Consumer Discretionary 11.8%
- Financials 14.1%
- Information Technology 11.4%
- Health Care 10.1%
- Materials 8.1%
- Consumer Staples 8.0%
- Real Estate 6.3%
- Communication Services 6.2%
- Utilities 3.9%
- Energy 3.4%
89% for 11% against
alignment with management.
Voting summary 2020
Voted on
701
General Meetings.
We joined
41
nomination committees.
Meetings by country
- USA 25%
- Sweden 11%
- China 7%
- Japan 6%
- UK 4%
- Finland 4%
- Denmark 4%
- Other 39%
Meetings by sector
- Industrials 18%
- Financials 17%
- Information technology 14%
- Healthcare 13%
- Consumer discretionary 12%
- Consumer staples 8%
- Communication 6%
- Materials 6%
- Real estate 3%
- Energy 2%
- Utilities 2%
90% for 10% against
alignment with management.
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