Nordea Asset Management AB: Best ESG Investment Process Europe 2019


When it comes to sustainability Nordea Asset Management leads by example, the firm serves as the investment arm of the Nordea Group, managing assets of more than €200bn. As the largest financial service group in the Nordic region and one of the biggest banks in Europe, Nordea helps align global finance with sustainable development. Nordea Group is one of the 30 founding signatories of the Principles for Responsible Banking which has recently launched a Collective Commitment to Climate Action that has been adopted by 130 banks. Delivering returns with responsibility has for a long time been a vital part of what they do and part of our mission as a leading European asset manager. The continuous development of a rigorous environmental, social and governance (ESG) analysis that guides the investments is crucial as well as active ownership activities that support a sustainable future. Nordea Asset Management support the Task force on Climate-Related Financial Disclosures recommendation and view Climate change is one of the single largest threats to the economy. Nordea Asset management is working on an ongoing basis to assess how companies manage climate-related risks and opportunities. Nordea’s exemplary track record has resulted in regular repeat award wins. The judging panel commends the firm’s proactive approach to responsible investing which has pushed competitors to step up their ESG game — or risk getting left behind. The judges recognise Nordea Asset Management as a pioneer of sustainable finance and the worthy winner of the 2019 Best ESG Investment Process (Europe) award.