Sustainability is about balancing the environmental, societal and governance factors of development to ensure that we meet the needs of the present without compromising the ability of future generations to meet their needs.
Press releases
Nordea further expands annual sustainability reporting
Reporting on the financial year 2024 will be further expanded as the application of the Corporate Sustainability Reporting Directive (CSRD) modernises and strengthens the rules concerning the social and environmental reporting.
Nordea named world’s best bank for sustainability-linked bonds
Global Finance has once again recognised Nordea’s sustainability leadership in its annual Sustainable Finance Awards for 2024 – this time at the global, regional and Nordic country levels.
Nordea included in the S&P Global Sustainability Yearbook for second year running
At Nordea, we have climbed in several of our key ESG ratings and are again included in the S&P Global Sustainability Yearbook, which places us among the top 15% sustainable banks globally.
Over the past few years, interest in nuclear energy has made a comeback, with its inclusion in the EU Taxonomy and a COP28 pledge to triple nuclear capacity. In a new report, Nordea’s ESG Research team examines this renewed interest.
Wallenstam: Energy retrofit – boosting operating margins and the climate
Real estate company Wallenstam is something of a sustainability pioneer. Already in 2013 the company became self-sufficient in electricity and today it increasingly focuses on energy optimisation.
Nordic sustainable bond market hits all-time high in 2023
2023 was another banner year for the Nordic sustainable bond market, with over USD 60 billion in sustainable issuance for the year and record volumes in three quarters.
Sustainable finance outlook for 2024: It’s all about transition
"Transition finance" has gone from being a bullet point in a list of key themes to being the overarching theme in sustainable finance, says Nordea Sustainable Finance Advisory's Jacob Michaelsen. He explains why and shares the main topics on the agenda in 2024.
Fastest growth rate for renewable energy in two decades
The International Energy Agency, IEA, has just published a report on the production of renewable energy which shows strong growth in capacity in 2023 and quite a positive outlook towards 2028. Nordea’s Head of Climate & Environment, Peter Sandahl, comments on the report.
Nordea comments NGO report on carbon footprint of Swedish banks
On January 24, the NGOs Fair Finance Guide Sweden and Swedish Society for Nature Conservation published a report on financed emissions from lending for the five largest banks in Sweden: Handelsbanken, SEB, Swedbank, Nordea and Danske Bank. The report was also mentioned in Swedish media.
After several difficult years, the Nordic cleantech sector looks set for a comeback. Some of the past headwinds are receding and may even turn into tailwinds, according to a new report from Nordea’s ESG Research team.
Nordea comments NGO report on investments in the food industry
On December 20th, the NGOs Fair Finance Guide Sweden and World Animal Protection Sweden published a report on the Swedish banks (incl. Nordea) and public pension funds investments in the six largest chicken and pork production companies globally.
The three most important takeaways from the COP28 meeting
COP28 ended this week with a compromise text on fossil fuel, consensus on a renewables and energy efficiency target and progress on a loss and damage fund. Nordea’s sustainability expert Thina Saltvedt reflects on the outcome of the COP28 meeting.