APRIL 19 2024
The “ESG Champion of the Year – Large-Cap” award recognises Nordic Capital’s commitment to best practice in environmental, social and corporate governance. It credits Nordic Capital for the way in which ESG is integrated into its investment strategy, how data is collected, analysed and reported, and how its responsible investment approach stand out from its peers.
Nordic Capital was an early adopter of responsible business practice and in recent years has demonstrated continued commitment to sustainability, both within its own organisation and its portfolio of 55 companies. It’s most recent entity Nordic Capital XI (EUR 9 billion in committed capital) is categorised as SFDR Article 8 with clear SDG targets, while over 95% of all Nordic Capital’s portfolio companies now integrate sustainability into their own business plans and more than two thirds reporting on sustainable impact. Sustainability is central to Nordic Capital’s investment process and its Responsible Investment Policy is applied throughout the due diligence, investment, ownership and exit phases.
During 2023, Nordic Capital undertook many new initiatives to drive positive impact across the organisation and its portfolio, including continued support of industry wide initiatives and reporting. In recognition of its ongoing efforts in this area, Nordic Capital has achieved the highest score from UNPRI, putting it in the top 10% of private equity firms globally for ESG integration. Furthermore, Nordic Capital has backed several investments underpinned by sustainability tailwinds and enabling the green transition.
Elin Ljung, Managing Director, Head of Communications & Sustainability at Nordic Capital Advisors, said: “We are delighted that Nordic Capital is once again recognised for championing ESG and thank Real Deals for shining a light on this increasingly important area of private equity activity and performance. Not only is responsible business practice essential for achieving long term success and value creation, but private equity has the power to positively change the future for both people and the planet. This is embedded into Nordic Capital's culture and investment framework.”
Kristoffer Melinder, Managing Partner at Nordic Capital Advisors, commented: “This award reflects both the commitment of our team who advise engage at all stages of the investment process from sourcing and selection through to exit, promoting best practice in governance, social and environmental behaviour, and that of Nordic Capital’s portfolio companies, which increasingly prioritise and report on their sustainable impact. We are proud of the achievements made in this important area and of Nordic Capital for being recognised among such a strongly performing group of peers.”
For more information about Nordic Capital’s Sustainability activities and achievements, please visit our webpage: Our Impact | Nordic Capital. The 23rd annual Real Deals Private Equity Awards are one of the longest running and most prestigious private equity awards in Europe. For more information about the Real Deals Private Equity Awards, please see: Real Deals Private Equity Awards 2024 - Home Page
About Nordic Capital
Nordic Capital is a leading sector-specialist private equity investor with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a long history. Focus sectors are Healthcare, Technology & Payments, Financial Services, and Services & Industrial Tech. Key regions are Europe and globally for Healthcare and Technology & Payments investments. Since inception in 1989, Nordic Capital has invested EUR 25 billion in 145 investments. The most recent entities are Nordic Capital XI with EUR 9.0 billion in committed capital and Nordic Capital Evolution with EUR 1.2 billion in committed capital, principally provided by international institutional investors such as pension funds. Nordic Capital Advisors have local offices in Sweden, the UK, the US, Germany, Denmark, Finland, Norway, and South Korea. For further information about Nordic Capital, please visit www.nordiccapital.com.
“Nordic Capital” refers to, depending on the context, any, or all, Nordic Capital branded entities, vehicles, structures, and associated entities. The general partners and/or delegated portfolio managers of Nordic Capital’s entities and vehicles are advised by several non-discretionary sub-advisory entities, any or all of which are referred to as “Nordic Capital Advisors.”
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