-
Overall approach5/16
-
Overarching commitment on deforestation4/14
-
Company must have anti-corruption policy1/2
-
-
Commodity score19/64
-
Beef & Leather7/64
-
Commitment Strength3/42
-
Commodity-specific financing policy0/9.6
-
Commitment detailsNo0/8
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must be legally operated3.2/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes0/9.6
-
Commitment detailsNo0/8
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Assurance mechanism to ensure compliance0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Commitments must be timebound0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations4/22
-
Company must ensure Free, Prior and Informed Consent3.6/5.6
-
Commitment detailsYes - Encourage2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
-
Palm oil26/64
-
Commitment Strength23/42
-
Commodity-specific financing policy9.2/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must be legally operated3.2/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes5.2/9.6
-
Commitment detailsPrimary/Intact/Natural/HCV/HCS - Encouraged4/8
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Assurance mechanism to ensure compliance5.2/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Commitments must be timebound0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations4/22
-
Company must ensure Free, Prior and Informed Consent3.6/5.6
-
Commitment detailsYes - Encourage2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
-
Soy7/64
-
Commitment Strength3/42
-
Commodity-specific financing policy0/9.6
-
Commitment detailsNo0/8
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must be legally operated3.2/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes0/9.6
-
Commitment detailsNo0/8
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Assurance mechanism to ensure compliance0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must have a grievance mechanism0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Commitments must be timebound0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations4/22
-
Company must ensure Free, Prior and Informed Consent3.6/5.6
-
Commitment detailsYes - Encourage2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must respect labour rights0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
-
Timber, Pulp & Paper37/64
-
Commitment Strength34/42
-
Commodity-specific financing policy9.4/9.6
-
Commitment detailsYes8/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
Companies must be legally operated5.6/5.6
-
Commitment detailsEntire supply chain - Require4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Companies must protect priority forests or globally important landscapes7.4/9.6
-
Commitment detailsPrimary/Intact/Natural/HCV/HCS - Required6/8
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
Assurance mechanism to ensure compliance5.4/5.6
-
Commitment detailsRequire4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders0.2/0.4
-
-
Companies must have a grievance mechanism5.6/5.6
-
Commitment detailsYes - Require4/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Commitments must be timebound0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
Social Considerations4/22
-
Company must ensure Free, Prior and Informed Consent0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Company must respect labour rights3.6/5.6
-
Commitment detailsOwn operations - Require2/4
-
Policy applies to all operations and financingAll0.4/0.4
-
Policy applies to all dealsAll0.4/0.4
-
Policy applies to all companiesAll0.4/0.4
-
Policy applies to all stages of the supply chainProducers; Processors; Traders; Manufacturers; Retailers0.4/0.4
-
-
Company must address gender equality issues0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
Companies must encourage the inclusion of small-scale farmers0/5.6
-
Commitment detailsNo0/4
-
Policy applies to all operations and financingNo0/0.4
-
Policy applies to all dealsNo0/0.4
-
Policy applies to all companiesNo0/0.4
-
Policy applies to all stages of the supply chainNone0/0.4
-
-
-
-
-
Reporting & Implementation10/20
-
Policy is reviewed and updated0/5
-
Companies must disclose subsidiaries in commodity supply chains0/5
-
Monitoring and non-compliance process5/5
-
Reporting on implementation of the policy5/5
-
-
Commitment strength16/42
-
Social considerations4/22
Profile
Nordea Bank AB are a financial services group with headquarters in Sweden serving private, corporate and institutional clients. Their services include: private banking, investment banking, securities, wealth management, asset management, capital markets, pensions and retail banking services. As of 2017, Nordea Bank AB's total assets amount to more than 600 billion EUR, with approximately 330 billion EUR in loans. Nordea Bank AB are among the top 100 shareholders for Forest 500 companies, with more than 3 billion USD worth of shares.
Disclaimer
This assessment has been carried out following the methodology developed for the Forest 500 project, available here. Please see our disclaimer applicable to all information contained within this site and our terms and conditions for use of data presented on this site.
All assessments use policies published on company and financial institution websites, and while we endeavor to keep them updated some links may have changed or been removed since the time of assessment.
Please contact us with any concerns or feedback about this or other assessments included in the Forest 500.