If we ask the reader about the first five words that remind them of a Nordic country, in addition to the reindeer or the cold, the answers would be, with absolute certainty, sustainability, education, conciliation, or quality of life.
The statistics corroborate it. Sweden or Norway is at the top of the sustainability ranking. In 2009, Norway began impeding aquaculture (breeding aquatic species in natural waters). For its part, Sweden holds the title of “most sustainable country in the world” of a total of 62 countries ranked as specializing in sustainable investments. It complies with 85% of the 17 Sustainable Development Goals of the UN to stop climate change in 2030. Among them, health and well-being, quality education, gender equality, non-polluting energies, or sustainable cities: everything that guarantees future sustainability.
If the Nordic philosophy of life gives excellent social, economic, and environmental results, why not apply it individually in your house and your finances?
In education, the PISA report, which compares the academic performance of students in mathematics, science, and reading, reminds us each year that Finnish schoolchildren are among the most advantaged (results without considering the grouping of the Association’s schools of Private and Independent Colleges, the CICAE, which can vary the figures). And in conciliation, Finland or Sweden are, again, the ones that facilitate it, according to the Evolution Report of the European Family of the European Parliament.
Responsible investment is the leitmotiv of the largest financial services group in Northern Europe, Nordea Asset Management (NAM), with over 200 years of history and 9.5 million customers in 16 countries.
The social, environmental, and economic indicators show that sustainable development and growth are compatible.
If the Nordic philosophy gives good results, why not apply it individually, each in your home, your life, and even your finances? For a person to recycle their trash, take the bus or the bike instead of the car, add. If all citizens do, you will have reduced CO2 emissions at the end of the year, and the quality of life will increase. The same is true for an investor who places their money responsibly. It will generate an economic benefit and contribute to sustainability.
Responsible investment goes beyond purely financial and provides solutions in favor of sustainability. Responsibility is the leitmotiv of the largest financial services group in Northern Europe, Nordea Asset Management (NAM), with over 200 years of history and 9.5 million customers in 16 countries. Its philosophy is based on investing in funds that meet different environmental, social, or labor requirements and being solvent. Funds from companies are changing the world for good as they meet the ESG criteria (environmental, social, and good governance aspects). For this reason, in 2007, Nordea was one of the first signatories of the Principles of Responsible Investment of the United Nations.
Responsible Investment Generates a Positive Impact
Responsible investment, in addition to obtaining an attractive return, positively impacts the environment. The so-called -by everyone known in these times running- vulture funds buy debt in bankrupt economies and then charge it higher. The funds responsible are more like reindeer, which only eat the most tender grass of the mountain.NAM does not accept funds related to the manufacture of illegal or nuclear weapons; they obtain more than 30% of their income from coal or violate environmental and anti-corruption laws or human and labor rights. NAM’s Global Climate & Environment strategy invests only in companies committed to climate change, and STARS funds cover the emerging, global, European, Nordic, and North American ASG markets.
NAM does not accept funds related to the manufacture of illegal or nuclear weapons; they obtain more than 30% of their income from coal or violate environmental and anti-corruption laws or human and labor rights.
Responsible investments are appropriate in the long term, more than five years, and although equity is associated with some volatility, they allow for good returns. In this sense, companies that meet the ASG criteria are better equipped in the long term and expose their activity to fewer risks (scarcity of resources, strict environmental regulations). Therefore, a company that does not meet the ASG criteria has more possibility of suffering severe monetary and reputation problems.
NAM funds do not include companies that are related to the manufacture of illegal or nuclear weapons or that violate the laws of protection of the environment, human rights, labor standards, and anti-corruption
Suppose the economic incentive of the investments of ASG a while ago was very secondary nowadays. It has become a reality—a socially responsible trend and a synonym for greater economic profitability. The sustainable investment forum of Spain – the ISR funds marketed by national and international managers have grown by 32% in the last two years. 51% has been variable income and the preferred area to invest.
About Complete Controller® – America’s Bookkeeping Experts Complete Controller is the Nation’s Leader in virtual bookkeeping, providing service to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud platform where their QuickBooks™️ file, critical financial documents, and back-office tools are hosted in an efficient SSO environment. Complete Controller’s team of certified US-based accounting professionals provide bookkeeping, record storage, performance reporting, and controller services including training, cash-flow management, budgeting and forecasting, process and controls advisement, and bill-pay. With flat-rate service plans, Complete Controller is the most cost-effective expert accounting solution for business, family-office, trusts, and households of any size or complexity.
