{"id":11453,"date":"2023-01-18T15:26:40","date_gmt":"2023-01-18T15:26:40","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=11453"},"modified":"2023-01-18T15:26:41","modified_gmt":"2023-01-18T15:26:41","slug":"nordea-launches-climate-and-environment-team-to-drive-net-zero-strategy","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/nordea-launches-climate-and-environment-team-to-drive-net-zero-strategy\/","title":{"rendered":"Nordea Launches Climate and Environment Team to Drive Net Zero Strategy"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-11453\" data-postid=\"11453\" class=\"themify_builder_content themify_builder_content-11453 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n\n\n<p>Northern Europe-based financial services company Nordea announced the launch of a new Climate and Environment team, aimed at ensuring progress and group-wide alignment across its financing and investment activities towards its net zero goals.<\/p>\n\n\n\n<p>The launch follows the announcement last year by Nordea of a commitment <a href=\"https:\/\/www.esgtoday.com\/nordea-sets-emissions-targets-for-lending-and-investment-portfolios-aiming-for-net-zero-by-2050\/\">to become a net zero bank by 2050<\/a>, along with a series of interim 2030 targets including reductions in carbon emissions from lending and investment portfolios by 40-50%, reductions internal carbon emissions by at least 50% and the achievement of net positive carbon contribution.<\/p>\n\n\n\n<p>Nordea\u2019s new Climate and Environment team will be led by Peter Sandahl, who has been serving as Head of Sustainability at Nordea Life &amp; Pension. Sandahl has been appointed as Head of Climate and Environment and Deputy Head of Group Sustainability.<\/p>\n\n\n\n<p>Sandahl joined Nordea in 2009, and has been leading the pension unit\u2019s climate and sustainability strategy since 2019 and played an active role in shaping the global standards for carbon accounting, net-zero alignment and transition planning for financial institutions, with positions in initiatives including Partnership for Carbon Accounting for Financials (PCAF), Principles for Responsible Investment (PRI) and Glasgow Financial Alliance for Net Zero (GFANZ).<\/p>\n\n\n\n<p>Sandahl said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cI\u2019m very happy to have been given the trust to lead the work in this important area. I look forward to working with colleagues, customers and the broader community in further developing Nordea\u2019s climate transition plan and executing on our goals and commitments.\u201d<\/p>\n<\/blockquote><span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Northern Europe-based financial services company Nordea announced the launch of a new Climate and Environment team, aimed at ensuring progress and group-wide alignment across its financing and investment activities towards its net zero goals. The launch follows the announcement last year by Nordea of a commitment to become a net zero bank by 2050, along [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":11454,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[13,30],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nordea Launches Climate and Environment Team to Drive Net Zero Strategy - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/nordea-launches-climate-and-environment-team-to-drive-net-zero-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nordea Launches Climate and Environment Team to Drive Net Zero Strategy - ESG Today\" \/>\n<meta property=\"og:description\" content=\"Northern Europe-based financial services company Nordea announced the launch of a new Climate and Environment team, aimed at ensuring progress and group-wide alignment across its financing and investment activities towards its net zero goals. 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