The evaluation under the Sustainability Index 2016 has ended and this year Nordea Bank has again attained the prestigious Gold level among the leading Latvian companies.
Jānis Buks, Head of Banking Latvia at Nordea Bank: “The high evaluation confirms our striving for great things and desire to achieve more in the management of corporate social responsibility. Our principles remain unchanged and meaningful, and for that, I am indeed thrilled and happy. Even in our daily work we get positive feedback from our staff, customers and partners concerning our progress, and we do feel appreciated and honoured. While it is the most precious gift a company may receive, we are more than happy to have earned the gold category for our achievements in the area of corporate social responsibility.
This year Nordea Bank has won another two important awards in the Baltic Region, earning the title of the best bank in Latvia and Estonia. In addition, the Nordea Bank Latvia Branch received a prize for excellence in the category ‘The best private banking service provider in Latvia’ and ‘The best private banking service provider in the Nordic region and the Baltics’ from the international financial magazine Euromoney.
So far Nordea has published several annual reports on the bank’s corporate social responsibility (CSR), which lay down its CSR strategy and implemented activities, as well as objectives and key targets.
Sustainability Index in brief
Sustainability index is a strategic management tool, which is based on an internationally recognised methodology and helps Latvian companies to diagnose the sustainability of their performance and the level of corporate responsibility. At the same time, the index provides objective criteria for society, government authorities and non-governmental organisations to commend and support companies that contribute to strengthening Latvian economy in the long term.
The gold category unites companies that show openness and transparency, by communicating publicly all their key sustainability aspects. The corporate responsibility strategy contains clear and measurable targets.
To find out more about the sustainability index, visit incsr.eu