This report explores recent changes in paid parental leave schemes across the Nordic countries and their contribution to sustainable development. Leading scholars from Denmark, Finland, Iceland, Norway, and Sweden present a comparative analysis of inequalities in eligibility, take-up, and outcomes of paid parental leave. The report aims to enhance understanding of whether and how Nordic parental leave policies affect gender equality, social class disparities, and the well-being of parents and children. It thereby addresses Nordic societies' efforts to promote gender equality, reduce poverty and inequalities, and foster good health and well-being.