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Nordea: Corporates, not activists, will drive environmental agenda

Consumers 'real driving force' for changing corporate behaviour

Henning Padberg (left) and Thomas Sørensen of the Nordea 1 Global Climate and Environment fund
Henning Padberg (left) and Thomas Sørensen of the Nordea 1 Global Climate and Environment fund
  • Sam Shaw
  • 31 May 2019
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The collective voices of consumers and corporates will be far more influential than any politicians or protest groups in terms of driving the global environmental agenda, according to the managers of the €1.2bn Nordea 1 Global Climate and Environment fund.

Henning Padberg, who co-manages the portfolio with Thomas Sørensen, said while the rise of pressure groups and activists helps accelerate the rate of progress and helps with raising awareness, said he...

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