Responsible Investments Report 2025

Stewardship

24

Stewardship Activitites 2025

Engagement activities at a glance

1391 Engagements in 2025

535 Active Engagements

856 Campaign Engagements

344 Finalized Engagements

ESG breakdown 29

G

66 % 20 % 14 %

S

58% E

E

Engagement Type

ESG Focus Areas

477

128

Collaborative 30

Climate

50%

379

407

Individual 31

Biodiversitiy

19%

Human Rights

12%

Good Governance

19%

Campaign 32

Active 33

Top 3 SDGs Contribution

Top 3 initiatives involved

Climate Action

Climate Action 100+

Nature Action 100+

Life on Land

Clean Water and Sanitation

NAM Methane Engagement Campaign

Source: Nordea Investment Management AB, Data as of 31.12.2025. 29) E, S and G categorizations are not mutually exclusive. An engage- ment can be both E and S or other, data displayed is considered separately as different engagements and then normalized to a proportion of total engagements. 30) Collaborative engagements are coordinated efforts where multiple investors work together to engage with one or more companies, calculated as a percentage of total engagements. 31) Individual engagements are direct and independent inter- actions between Nordea Asset Management and a specific company, calculated as a percentage of total engagements. 32) Campaign engagements are initiatives targeting multiple companies with a shared thematic goal, calculated as a percentage of total engagements. 33) Active engagements are direct company-specific interactions, that involve proactive communication and may include both individual and collaborative efforts, calculated as a percentage of total engagements.

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