Created before Nov 2016
Last update: 2018-05-23 15:22:42
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The 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. Nordea has around 11 million customers, approximately 1,400 branch offices in nine home markets and a netbanking position with 5.2 million e-customers.
Smålandsgatan 17 SE-105 71
Casper von Koskull |
Annual Report 2017|
Sustainability Report 2017
listed on OMX AB
The Nordea share is listed on the NASDAQ OMX, the exchanges in Copenhagen, Helsinki and Stockholm.
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Who has adopted the Equator Principles?
Banking with Principles? Second Edition June 2016
Voluntary initiativesNordea has committed itself to the following voluntary standards:
- Carbon Disclosure Project
- Equator Principles
- Extractive Industries Transparency Initiative
- Global Reporting Initiative
- Montreal Carbon Pledge
- Principles for Responsible Banking
- Principles for Responsible Investment
- UN Guiding Principles on Business and Human Rights
- UNEP Finance Initiative
- United Nations Global Compact
You can find more on commitments and policies of Nordea here.
Nordea and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Nordea adopted the Equator Principles in 2007.
Reporting on the Equator Principles
Nordea must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
Nordea is involved in financing the following Equator Principles projects that BankTrack considers controversial.
True leader Front runner Follower Laggard
BankTrack has assessed Nordea on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. Nordea is assessed as a Follower, with a total score of 6/12.
Implementation and reporting
Nordea is reporting on the implementation here.