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Dec 19, 2013 1:53 PM CET

Nordea gives Tele2 its highest CR rating: A+

Nordea has rated Tele2 as A+ for its ESG work. That is the highest possible grade, in a scale from C- to A+, and means that Tele2 is a good Environment Social Governance (ESG) investment.

 In the report, Nordea states that: “The company seems to be aware of all the industry’s key issues and have all policies in place for this and much more. Tele2 is a typical company where much of the walk has been done. However, the company did not earlier have relevant and sufficient amount of policies and position papers. From 2010, the company has together with us in Nordea and the Swedish church managed to be more transparent and set up relevant policies for their business. Tele2 was one of the first companies in world by having a CR CMD (Corporate Responsibility Capital Market Day) and the also followed it up with a round table.” Nordea also write that: “all signs shows that the Company is doing a lot to be a leader in the industry when it comes to CSR.”