Responsible Investments Report 2021

The year in review

10

Sustainability in our Nordic DNA

Being part of Nordea Group, the Nordic values are an essential part of Nordea Asset Management’s business culture guiding us in everything we do.

Sustainability is embedded across Nordea’s business strategy, backed by measurable targets, strong governance, and a broad sustainability offering. Nordea Group has a long and solid expe- rience within Sustainable Finance, and we are fully committed to – and actively working on – making the financial sector more sustainable. In 2021, Nordea’s President and CEO Frank Vang- Jensen was invited to join the United Nations Environment Pro- gramme Finance Initiative (UNEP FI) Leadership Council, which is a partnership between the UN and the global financial sector to mobilise private sector finance for sustainable development. The council provides vision and strategic direction to UNEP FI in orienting its role and that of the UN in shaping, mainstream- ing and deepening sustainability integration across the industry. It will further mobilise the financial community to support sus- tainable, resilient and inclusive economies.

Nordea Group’s sustainability work is led by the Group Sustain- ability team. This includes everything from setting and meet- ing our internal sustainability targets, from resource-usage to diversity, and also integrating sustainable considerations into the products and services across the Group. At NAM level, the Responsible Investments (RI) team, carries out the research and integration of environmental, social, and governance (ESG) aspects into our investments. The two boxes below summarize some of our key sustainability measures. More information about the work carried out by Group Sustainability can be found in Nordea’s Annual Report 2021.

Diversity and inclusion

Carbon footprint

Age distribution in the total workforce

Gender balance

Nordea has committed to achieving net-zero carbon emissions by 2050 across investment portfolios and internal operations

27% 19%

Board of directors

CO2

40%

60%

Group Leadership Team

54%

33%

67%

CO2e emission intensity:

11,327 Total CO2e emissions: tonnes

People leaders

1.18

42%

58%

below 30 years old 30–50 years old above 50 years old

Total workforce

51%

49%

tonnes/EURm of total operating income

Nordea Asset Management

33%

67%

Source: Nordea Annual Report 2021, Nordea Investment Management AB.

Made with FlippingBook flipbook maker