Nordea reports 44% reduction in financed emissions, exceeding 2025 climate target
Nordea Bank has reduced financed emissions in its lending portfolio by 44%, surpassing its 2025 target. The bank facilitated EUR 235 billion in sustainable financing and is on track to meet its 2030 climate goals.
Nordea Bank Abp has announced significant progress in its climate commitments, reporting a 44% reduction in financed emissions across its lending portfolio. This achievement surpasses the bank's 2025 target.
The bank also facilitated EUR 235 billion in sustainable financing, indicating it is well-positioned to meet its overarching 2030 climate targets. These developments highlight Nordea's active role in promoting sustainable practices within the financial sector and supporting its clients' transition efforts.
Nordea's commitment to sustainability has been recognized through multiple awards. It was the first Nordic bank to issue a green bond under the EU Green Bond Standard. Furthermore, the bank received five awards at Global Finance's 2026 Sustainable Finance Awards, including top rankings in its four Nordic home markets and recognition for sustainability transparency in Western Europe.
The bank has also been actively engaging with broader sustainability topics through publications. These include insights on Scope 3 emissions, supply chain resilience, and the EU Taxonomy, demonstrating a commitment to advancing industry knowledge and dialogue on corporate responsibility.