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Nordea on pension reallocation: "We should have gone through with it sooner."

Nordea Liv & Pension Head of Sustainability admits that the company ought to have reallocated EUR 2bn in pension savings towards stricter sustainability criteria much sooner.

Nordea Liv & Pension Head of Sustainability Peter Sandahl. | Photo: PR / NORDEA

On Thursday, Nordea Liv & Pension Sverige announced that the company was undergoing its most extensive ever investment restructuring.

In the past six months, Nordea Liv & Pension has reallocated more than EUR 2bn from traditional investments to investments with a smaller carbon footprint and stricter sustainability criteria.

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