Nordea appoints head for new climate and environment team

Peter Sandahl takes up head of climate and environment and deputy head of group sustainability role

Nordea has formed a climate and environment team to oversee activities at a group level and appointed Peter Sandahl to head it up.

Sandahl, whose role will be head of climate and environment and deputy head of group sustainability, will take up the position on 13 March 2023, leaving his current job as head of sustainability at Nordea Life & Pension, which he has held since 2019.

He is also part of the Partnership for Carbon Accounting for Financials, Principles for Responsible Investment and Glasgow Financial Alliance for Net Zero.

“I’m very happy to have been given the trust to lead the work in this important area. I look forward to working with colleagues, customers and the broader community in further developing Nordea’s climate transition plan and executing on our goals and commitments,” Sandahl said.

The new team will lead Nordea’s strategic agenda by ensuring progress and group-wide alignment across financing and investment activities to meet its net-zero goals.