Nordea: union representation bodies suspend participation in the bank’s CSR activities

The Danish banking union announced that the Nordea Union Board (NUB), which represents the members of banking unions in Sweden, Norway, Denmark, Poland and Finland, has left the CSR Stakeholder Board. The organizations criticize the group’s policy for valuing and developing employees and denounce a gap between what the bank communicates and what employees are experiencing.
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The Nordea Union Board (NUB),which represents the members of banking unions in Sweden, Norway, Denmark, Poland and Finland, has expressed its disagreement with the bank’s CSR activity and left the CSR Stakeholder Board. The reasons for this matured decision are numerous, explained Toni Elin Hindsgaul Madsen, leader of Nordea’s union coalition* (Kreds Nordea, which represents Nordea’s Danish workers). Saying that the gap between the bank’s statements in terms of CSR and reality has widened with

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