06/04/2020at 11:35

NAM keeps Swedish crown jewel despite massive share drop and high ESG risk: "They have a very ambitious turnaround plan"

Nordea Asset Management's (NAM) Head of Responsible Investments Eric Pedersen discusses a Swedish retail giant and its plans to make the business more sustainable.

by REETA ILONA PAAKKINEN

Whilst shares in retail chain H&M have experienced a rapid drop during the coronavirus pandemic and is fown 35.5 percent since the start of the year, Head of Responsible Investments at Nordea Asset Management Eric Pedersen highlights the company’s determination to turn its business around and make it more sustainable.

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