We want to become a bank with net zero emissions by 2050, and we always focus on accelerating our customers’ transition through our support and offerings.
Sustainable finance
Nordea ready with criteria for biodiversity financing
To expand our sustainable financing offering and advice we have recently updated our Green Funding Framework with more detailed information on how biodiversity projects can qualify for financing.
Nordea invited to the EU Commission roundtable on nature credits
Nordea participated in EU Commissioner Jessika Roswall’s high-level roundtable on nature credits. As these types of credit instruments are gaining traction, Nordea sees it as a natural step to participate in the development of a potential tool to reverse the trends of biodiversity loss.
Productive and stable economies are dependent on sufficient natural resources and well-functioning ecosystems. In this explainer we dive into why biodiversity has become increasingly important to banks and the role it plays in our own sustainability strategy.
Consistent sustainability progress in a changing geopolitical landscape
Our latest data shows consistent progress towards our sustainability targets. Looking ahead Nordea continues to focus on supporting an orderly transition in the short and long term in the best interests of society and our customers, explains Head of Group Sustainability Anja Hannerz in an interview.
Driving human rights performance is about pushing for the right data
In our work as active owners, meaning asset managers, we see how timely and adequate information in regards to material ESG (environmental, social and governance) risks is key for a responsible investor. We also join forces with others to push for change.
Nordea Life & Pension meets climate targets and sets new ones for 2030
At the end of 2024, Nordea Life and Pension (NLP) concluded its first target period with emission intensity reduced by 43% compared to 2019. More and more of NLP’s investee companies have started taking necessary actions – committing to as well as taking concrete steps towards achieving net-zero emissions.
Nordea is on track in reducing emissions from its lending portfolio. With a 36% reduction we’re closing in on our 2030 target for the lending portfolio. Furthermore, we continue to support the transition. Since 2022 Nordea has facilitated more than EUR 185bn in sustainable financing, well on track to meet its 2025 target of more than EUR 200bn.
Nordea maintains position in S&P Global Sustainability Yearbook
Nordea has once again been recognised for its commitment to sustainability by being included in the S&P Global Sustainability Yearbook 2025. This marks the third consecutive year that we have earned this distinction, placing us among the top 15% of the world’s most sustainable banks.
While the highest ambitions of the Paris Agreement seem increasingly difficult to meet in the current global political landscape, there is still progress to be found. Three of our sustainability experts discuss the impact of the US election and COP29 and what it will mean for the transition plans many Nordic companies are working with.
Nordea to donate EUR 200,000 to research with focus on biodiversity impact in the Nordic countries
Nordea’s donation will support the University of Jyväskylä four-year research programme in developing open-access methods for assessing the biodiversity footprint of economic activities.
Finnish businesses to get green-investment boost of more than EUR 400 million as Nordea and EIF team up
Finnish companies are to receive as much as EUR 437 million in loans for energy upgrades as a result of financial deal between Nordea and the European Investment Fund. Backed by InvestEU, the initiative provides favourable financing for moving to clean power and saving more energy.