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bn in sustainable financing facilitated during the period 2022–25
The survey reveals a shift in how Nordic businesses approach climate transition.
At the global level, the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement set the general sustainability agenda as well as the more specific climate agenda. To achieve this and to be an even more sustainable bank than we are today, we have fully integrated sustainability into our business strategy. We have a unique opportunity to drive the change, using our size and strength as a force for good. We channel funds towards sustainable growth to support the green transition and strengthen our societies.
To limit global warming to 1.5°C, greenhouse gas emissions must peak before 2025 at the latest and decline 43% by 2030.
Big news! I had the pleasure to speak with Alastair Marsh about our milestone carbon removal deal with Inherit. Nordea is delivering on its ambitious emissions reduction targets and with this agreement we are accelerating our efforts to support the scaling of important CDR technologies to enable economies of scale in the future.
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We’re happy to report that, due to NAM’s high sustainability standards, only minimal changes were needed to comply ESMA’s new naming guidelines.
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We offer a broad range of products aligned with the ESMA categories, with 20 classified under the “sustainable” category.