Nordea Bank Abp 2011 SR
The report highlights Nordea's progress in integrating CSR into its core business, specifically focusing on responsible lending and investments. In 2011, the bank reviewed its ESG risk identification processes in credit and introduced more investment opportunities with positive screening. Nordea also responded to new European banking regulations by initiating its 'New Normal' plan, which included a reduction in staff primarily through natural attrition. Environmental efforts showed a 13.77% decrease in total CO2 emissions compared to 2010, driven by reduced heating and cooling. The report also details community involvement initiatives like financial education for youth and support for entrepreneurs in Latvia.
Company: Nordea Bank Abp
Sector: Finance & insurance
Country: Finland
Year: 2011
Type: SR
Pages: 46
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Nordea Bank Abp
CSR Report
The report highlights Nordea's progress in integrating CSR into its core business, specifically focusing on responsible lending and investments. In 2011, the bank reviewed its ESG risk identification processes in credit and introduced more investment opportunities with positive screening. Nordea also responded to new European banking regulations by initiating its 'New Normal' plan, which included a reduction in staff primarily through natural attrition. Environmental efforts showed a 13.77% decrease in total CO2 emissions compared to 2010, driven by reduced heating and cooling. The report also details community involvement initiatives like financial education for youth and support for entrepreneurs in Latvia.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Published
Feb 9, 2012
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees