In a ground-breaking collaboration for increased transparency and footprint analysis, Nordea joins hands with Nasdaq to make the environmental footprint of sustainable investments transparent and easy to grasp.

The demand for sustainable investment products is on a steep rise. Last year, Nordea launched 11 new sustainable funds as well as a sustainable life and pensions product family as a complement to our Sustainable Choice offering. However, the environmental footprint of investing in sustainable investment products has not always been easily displayed.

- Asking our customers to make sustainable choices also requires us to be transparent and clear about how our sustainable solutions differ from traditional investments. For this, we have teamed up with Nasdaq to create a tool for increased transparency and thereby enable both customers and advisers to compare the environmental footprint of our investment portfolios, says Anders Langworth, Head of Sustainable Finance at Nordea.

As a result of the collaboration, Nordea and Nasdaq now proudly launch the sustainability footprint overview.

- We believe that the sustainability footprint overview will help our customers better understand what sustainability means in relation to investments, so that the importance of making sustainable choices becomes more visible and evident. The collaboration with Nasdaq is an important milestone in our continuous work to be more transparent and better at explaining the connection between sustainability and investments, says Anders Langworth.

The Sustainability Footprint is primarily available for Nordeas sustainable balanced funds and the strategic sustainable portfolios and will be offered to our customers in meetings with an advisor online or in the branches.

- As a major European bank and also a global leader within sustainable finance, Nordea is a perfect partner to bring Nasdaq ESG Footprint to a broad range of private investors and professional advisers that look for a way to add sustainability to their investment decisions and advice, says James McKeone, Head of European Data at Nasdaq.

The sustainability footprint overview will be shown in advisory meetings to help customers understand how their investments perform with respect to carbon emissions, fossil fuel reserves, water use and waste generation.

During the past year, Nordea has also expanded green financing offerings of sustainable bonds, green mortgages and green car financing as well as launched green corporate loans in all our Nordic markets to enable our customers to make sustainable financial choices.