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Nordea partners with Carbon Disclosure Project

26 May 2010  |  2194 views  |  0 Source: Nordea

Nordea becomes Nordic partner to the Carbon Disclosure Project (CDP), a not-for-profit organisation with the world's first global reporting system on climate change.

- Climate change demands global agreements and long-term solutions, and CDP is a useful tool for companies and investors supporting this end, says Liisa Jauri, Head of Nordea's CSR Secretariat.

CDP provides critical climate change data from thousands of the world's largest corporations to inform the global market place on investment risk and commercial opportunity and acts on behalf of 534 institutional investors with a combined USD 64 trillion in assets under management.

- We will use the CDP's data to help drive investments towards a low carbon economy by inspiring our investee companies to measure and report their emissions and not least to improve our own products from a climate awareness perspective, says Sasja Beslik, Head of Environmental, Social and Governance Analysis (ESG) at Nordea.

CDP is a global organisation founded in the United Kingdom in 2000. It has global sponsors such as Accenture, Bank of America Merrill Lynch, Microsoft, SAP, PricewaterhouseCoopers and Chicago Climate Exchange. There are three CDP partners in the Nordic countries.

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