Benchmarks can be Key Drivers for Change
Nordea is committed to sustainable business and development by combining financial performance with environmental and social responsibility as well as sound governance practices. Nordea takes relevant environmental, social and governance principles into consideration when evaluating business risks and opportunities in connection to investments, financing and advice. “By becoming an ally within the World Benchmarking Alliance we are able to widen our scope for sustainable change,” says Sasja Beslik, Head of Group Sustainable Finance at Nordea. “We believe benchmarking represents a vital process through which to build this scale whilst maintaining a consistent focus on responsibility and accountability.”
Benchmarks are key drivers for change. They not only enable stakeholders to track corporate performance progress over time, but also allow for a greater public voice and engagement in the actions of companies towards the SDGs. The benchmarks are free and accessible to all, thus helping to establish a more consistent understanding of the materiality of SDGs. They inform investment research, analysis and decision making, and help build more practical platforms for engagement with companies. Nordea believes the benchmarks will help stimulate flows of capital towards more sustainable companies, which is critical in order to achieve the SDGs and to transition to a low-carbon economy.
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