OUR FOCUS AREAS WITHIN

Sustainability

Financial inclusion & responsible lending and Sustainable organisation

Our sustainability focus areas

Nordax Sustainability Policy describes our work and governance within our sustainability focus areas; Financial inclusion & responsible lending and Sustainable organisation.

Nordax is a member of Global Compact, and our ambition is to support Global Compacts 10 principles as well as UN’s 17 goals for Sustainable Development.

Our contribution to Global Compact's ten principles corresponds with our overall agenda within sustainability, described in the Sustainability Policy: “Nordax shall integrate sustainability throughout its business, taking responsibility for acting and living according to Nordax’s values, and striving for simplicity and transparency. Nordax shall provide products and services that provide opportunities for Nordax’s customers, other key stakeholders and Nordax to make contributions to a sustainable future. Nordax shall drive financial inclusion by constantly adapting our banking solutions to the way we live and work and create opportunities for more people. Nordax shall manage risk, including risks related to environmental, social and governance aspects.”

Actions taken and results of the above-mentioned can be found in our Sustainability Report included in Nordax 2020 Annual Report. Progress and future ambitions will be further communicated in the 2021 Annual Report.

Financial inclusion and responsible lending

The foundation of Nordax business is financial inclusion and this is also the purpose of each of our products. Over the past years we have intensified our efforts and now pride ourselves of our offerings within mortgages, equity release and unsecured consumer loans.

Increased digitalisation and automation in society are contributing factors to financial exclusion; customers are referred to standardized forms to a higher extent and these rarely work if you have a deviating parameter. Through careful credit assessment and personal customer contact, Nordax makes affordable banking solutions accessible to more individuals who usually don’t fit in the traditional bank model.

A sustainable and green workplace

Leadership and engagement

Competent and motivated employees who enjoy their work provide better service. Thanks to broad competence and personal responsibility, a corporate culture based on participation and decisiveness has emerged. An encouraging atmosphere, short decision paths and a working environment noted for cooperation, job satisfaction and commitment foster motivation.

Leadership at Nordax means understanding and taking responsibility for our business and driving it forward by managing and developing others.
Nordax leaders are responsive, present and focused on leading and developing. Our workplace is characterized by co-operation, joy and commitment.