Scandinavian firms show large ESG gaps on cusp of new rules

A fresh report has found that the largest Scandinavian companies are disclosing just over half of the information they will have to report when EU’s mandatory ESG regulation takes effect next year.

Companies not complying with disclosure standards “can become a headache” for financial institutions, says Carsten Egeriis, CEO at Danske Bank. | Photo: PR Danske Bank

By Leo Laikola and Sanne Wass / Bloomberg

Scandinavian countries with a reputation for upholding green credentials are far from perfect when it comes to their sustainability disclosures.

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Scandinavian firms show large ESG gaps on cusp of new rules

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Storebrand CEO proposes investor alliance based on Nordic values

Danish pension funds have invested millions in company accused of malpractice

Analysis: Can financial groups have double standards on ESG?

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Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

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Nordics show clear appetite for new asset classes, BlackRock survey reveals

28 Nordic investors in new alliance to engage companies on nature risk

Storebrand growth fund gets new portfolio manager

Danish pension fund invests to support female entrepreneurship in Southeast Asia

Further reading

Swedish asset manager kicks off new fund with leading Nordic institution

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

BankInvest to optimize investment processes with new hire

Danske Bank finances fossil fuel companies on its own blacklist

Europe's biggest oil company quietly shelves a radical plan to shrink its carbon footprint

Asset managers rebuffed as EU cracks down on use of ‘ESG’

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