Nordea Bank (NDA-FI.HE)

Overall impact
A (89)

Commentary

Nordea Bank is a leader for overall positive impact. With an 'A' rating of 88.7 for overall impact (98th percentile compared to all companies), Nordea Bank ranks 3rd out of 50 industry peers, behind Nederlandse Waterschapsbank NV and NIBC Holding, and ahead of ING Group, BNP Paribas, Skandinaviska Enskilda Banken AB and 44 others. On top material causes for Nordea Bank's industry (Banking), Nordea Bank performs well in No Poverty (87.5 score), Sanitation Access (95.4), Decent, Safe Work Opportunities (95.3) and 12 other causes where it received an 'A' score. Nordea Bank did not receive a 'D' or 'F' rating on any cause.
Impact
Cause NDA-FI.HE
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Founded
1820
Employees
30,157
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Finland
Share classes
NRDBY
ADR
NDA-FI.HE
Description
Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices. The Business Banking segment offers payments, cash management, cards, working capital management, and cards and finance solutions to corporate and personal customers. The Large Corporates & Institutions segment provides financing, cash management and payment, investment banking, capital market products, and securities services to corporate and institutional customers. The Asset & Wealth Management segment offers investment, savings, and risk management solutions to high net worth individuals and institutional investors. It also offers account-based products, such as lending and deposit; project finance services, asset-based financing through leasing, hire purchase, and factoring, as well as sales to finance partners, such as dealers, vendors, and retailers; financial instruments or arrangement for financial instruments, including currencies, commodities, stocks, and bonds; and asset management, including investment funds, discretionary management, portfolio advice, equity trading, and pension accounts, as well as life insurance and pension products and services. Nordea Bank Abp was founded in 1820 and is headquartered in Helsinki, Finland.
Material causes
Ethos considers the following causes material for Nordea Bank, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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