Nordea Bank Abp 2020 AR2
The report outlines Nordea's financial and non-financial performance for the fiscal year 2020. Key highlights include the integration of sustainability into the business strategy with a commitment to achieve net zero emissions by 2050 at the latest. The company also reported a 62% reduction in its internal carbon footprint compared to 2019, primarily driven by reduced travel during the COVID-19 pandemic. Additionally, Nordea launched several green lending products, including green mortgages and green corporate loans, and maintained a strong capital position with a CET1 ratio of 17.1%.
Company: Nordea Bank Abp
Sector: Finance & insurance
Country: Finland
Year: 2020
Type: AR2
Pages: 292
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Nordea Bank Abp
Annual Report
The report outlines Nordea's financial and non-financial performance for the fiscal year 2020. Key highlights include the integration of sustainability into the business strategy with a commitment to achieve net zero emissions by 2050 at the latest. The company also reported a 62% reduction in its internal carbon footprint compared to 2019, primarily driven by reduced travel during the COVID-19 pandemic. Additionally, Nordea launched several green lending products, including green mortgages and green corporate loans, and maintained a strong capital position with a CET1 ratio of 17.1%.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Net Zero Target
Employees