Sustainability – ESG
The objective of Nordea-fonden is that our actions are based on the foundation’s values and contribute to increased sustainability. To ensure this, we use the management tool ESG, which is short for Environmental, Social and Governance.
E is about showing environmental and climate responsibility in the foundation’s choices and decisions.
S stands for social responsibility – i.e. that everyone’s voice is heard and everyone has the opportunity to participate on equal terms.
G stands for governance responsibility – i.e. showing transparency and running the foundation in an ethically and financially sound manner.
The foundation is incorporating ESG in its activities at three levels:
- Investments – we invest our assets based on ethical guidelines. For example, we want to promote the UN’s 17 Sustainable Development Goals.
- Grants – all organisations we support must account for how they promote sustainability by incorporating ESG in their projects.
- Organisation – ESG sets a clear direction for our culture and behaviour, our physical surroundings and our cooperation with suppliers of products and services.
We practice daily to ensure that our actions contribute to increased sustainability. For our society today – and for the society we leave for future generations.
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