Actively engaged

To support our mission to deliver returns and responsibility, we engage with companies to help them enhance and maintain their ESG activities.

Engagement activities at glance

0
Engagements in 2025
0
Active Engagements1
0
Campaign Engagements2
0
Finalized Engagements

ESG Focus Areas

Good Governance

19%

Human Rights

12%

Biodiversity

19%

Climate

50%

Top 3 SDGs Contribution

Climate Action
Life on Land
Clean Water and Sanitation

Engagement Categories

Active

    

Campaign

Top 3 Initiatives Involved

Climate Action 100+
Nature Action 100+
NAM Methane Engagement Campaign

Source: Nordea Investment Management AB. Data as off 31.12.2025.

1. Active engagements are direct company specific interactions, that involve proactive communication and may include both individual and collaborative efforts.

2. Campaign Engagements are initiatives targeting multiple companies with a shared thematic goal.

In 2025, we voted in around 3400 General Meetings

Representing more than 95% of all votable meetings

Alignment with Management

For

89%

Against

11%

Votes against Management

Director Elections

799
860

Capital Mandates

774
664

Compensation

1539
1715

2025

    

2024

Voted in 100% climate proposals

For

73%

Against

27%

Number of shareholder proposals we voted on 2025

1035

of which we supported

54%

 

We co-filed one shareholder resolution for the 2025 AGMs

Meetings by country

Rest of the world

11%

Asia

21%

USA

22%

Rest of Europe

24%

Nordics

22%

Methane Collaborative Engagement

Methane is a greenhouse gas with a warming effect of a full 80 times that of C02. That makes bringing down emissions of methane one of the most effective short-term ways to slow the rate of climate change. In the blistering heat of Texas, Nordea Asset Management and collaborators went on a week-long field trip to Houston and the Permian Basin to engage 12 oil and gas companies on methane emissions measurement, reporting and mitigation. The objective is for target companies to achieve near-zero methane emissions backed by the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) Gold Standard reporting. The team also participated as speakers at the Global Methane Mitigation Summit, and arranged targeted workshops both in Texas and later in Canada, bringing new companies together with experts from the United Nations and existing signatories to OGMP 2.0, to learn from each other.

Methane Engagement Case

Engaging with companies in the oil and gas industry on the disclosure and mitigation of their methane emissions.

Key points:
  • Methane is a powerful greenhouse gas, estimated to account for as much as 25%* of the global warming we’re experiencing today
  • Our primary engagement ask is for investee companies with methane emissions to join the OGMP 2.0 framework
  • At the end of 2023, engaged with 63 companies on the topic. As a result, nine companies in the engagement joined the OGMP 2.0
  • Our Methane Campaign extends to industry best practice initiatives: we participated to the Canada Methane Mitigation summit in September 2023
  • Learn more about “Pollution reduction initiative of the year” from Sustainable Company Awards 2023
Learn more about our engagement activities

*Source: International Energy Agency

2024 PRI Award Winner
Methane Engagement Campaign

In October 2024, NAM won the “Recognition for Action – Climate” award at the Principles for Responsible Investment (PRI) Awards ceremony in Toronto, Canada.

NAM has been recognized for its leadership in spearheading a collaborative engagement of approximately 20 investors focused on enhancing disclosures and reducing company methane emissions to near zero within the energy, utilities and waste management sectors.

Learn more
Nordea asset management PRI award 2024

Engaging with Pharma Industry

India’s pharma industry, expected to grow to USD 130 bln in 2030, contributes to the country’s severe water pollution crisis caused by the waste generated in the manufacturing process. Pharma pollution also drives antimicrobial resistance (AMR) which will cost USD100 trillion and kill 10 million people by 2050. For Nordea Asset Management’s Responsible Investments team (NAM’s RI team), pharma pollution is critically important as it has the potential to impact people not just in India, but across the globe. Consequently, we initiated a long-term engagement with pharma companies that have supply chains in India.

Danger in the water

Engaging with pharmaceutical companies to address the role they play in India’s water pollution crisis.

Key points:

  • The death toll related to antimicrobial resistance (AMR) is estimated to reach 10 million people annually by the year 2050*
  • Pharma pollution in India has been identified as a major contributor to the problem
  • NAM initiated a long-term engagement with pharma companies based in India that we are invested in
  • We issued two reports exposing the extent of pharma pollution in India
  • As a result of our engagement, the PSCI developed an action plan to address the problem
Learn more about our engagement activities

*Source: UN Environment Programme