Nordea Kredit Performance Update
Sustainability at the core
Key strategic priority
Actively engaging to drive transition and capturing growth opportunities
Climate-vulnerable exposure
Sector assessment (total lending, EURbn)
Climate-vulnerable sectors
Green lending
Total volumes, EURbn
329
A Assessment completed
8%
27%
Oil, gas and offshore, Shipping, Mining
62%
B Assessment under way
Power, Utilities,
30%
Real estate management
Assessment planned
Other climate-vulnerable sectors
Q2
2022
14
Alignment with Paris Agreement
for top 200 emitters
Q2 2022, Portfolios in Asset Management
2025 target:
80%
41%
aligned or
subject to active
engagement
12,7
9,7
2,6
1,1
2019
2020 2021
Q2 2022
ESG share of AuM
%
33%
37%
35%
AuM Other
AuM ESG
63%
67%
65%
2020
2021
Q2 2022
ESG = article 8 and 9 funds, according to EU SFDR classification
.
-
-
Q2 key highlights
By Q2 facilitated EUR 31.5bn in sustainable
financing (target EUR >200bn by 2025)
Published our new sustainability-linked
loan funding framework
New sustainable choice products launched
Nordea Finance:
•⚫ Circular IT Leasing
.
• Financing of electrical vehicle chargers
• Financing of solar panels
Asset & Wealth Management:
.
•
Sustainable balanced fund family in DK
Sustainable balanced return fund in Fl,
NO and SE
Nordea wins Global Finance's 2022
Sustainable Finance Award in all Nordic
countries where the award is given - DK,
Fl and SE
NordeaView entire presentation