Nordea headquarters in Stockholm, Sweden (photo Wikipedia)
Nordea Group was established in 2000 but derives its origin from banks and
insurance companies from the Nordic region from the early 19th century. Since
3 December 2001 the entire Group is operating under the Nordea brand. Nordea is the largest financial services group in the Nordic and Baltic Sea region.
has around 11 million customers, approximately 1,400 branch offices in nine home markets and a
netbanking position with 5.2 million e-customers. As of 31 December 2015 it controlls assets worth EUR785.7 billion.
listed on OMX AB
The Nordea share is
listed on the NASDAQ OMX, the exchanges in Copenhagen, Helsinki and Stockholm.
Nordea has been reviewed by the Swedish Fair Finance Guide. The Fair Finance Guide assesses and scores bank policies on a wide range of issues against international standards of sustainability and human rights. Go here for the full review of Nordea in the FFG.
The Wilderness Society (TWS) is a national, community-based, environmental advocacy organisation whose purpose is to protect, promote and restore wilderness and natural processes across Australia for the survival and ongoing evolution of life on Earth.
More than 15 leading banks around the world, including all Australian banks, publicly declined to finance the controversial Gunns Pulp and Paper Mill after sustained campaigning from BankTrack, the Wilderness Society and others. In 2008 Australian bank ANZ became the first bank to publicly
renounce financing the project. Following a cyber-action in 2009 against Swedish bank Nordea, they followed
suit in 2010. In response to sustained criticism, Gunns announced later the same year that it would end logging of native forests in Australia.