Spotlight on Sustainability | Nordic Capital
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Spotlight on Sustainability

Nordic Capital is committed to investing responsibly, believing that responsible business practice is essential for building leading companies and achieving long-term success. This means backing sustainable companies to have a larger impact or supporting companies in more traditional sectors to become more sustainable.

As an active and engaged owner, Nordic Capital works in close collaboration with its portfolio companies to promote sustainability and share best practice. This focus is rooted in the belief that sustainability and value creation go hand-in-hand, and that sustainability equals greater resilience and competitiveness.

Nordic Capital sets out clear expectations for the portfolio companies from day one, ensuring that sustainability is addressed appropriately and regularly reviewed throughout the organisation. The Sustainability team also provides ongoing support to help them strengthen their sustainability agendas and develop appropriate processes to mitigate key sustainability risks and realise exciting opportunities.

Training for accelerated sustainable development

Nordic Capital sees capacity building being crucial for advancing sustainability agendas, supported by tools, policies and frameworks. To that end, it makes sure that its portfolio companies are well-equipped with the necessary skills to understand and effectively apply such tools and practices. To increase awareness and ensure compliance with its responsible investment framework, Nordic Capital trains investment and operations professionals on managing sustainability risks and opportunities across the investment cycle.

Since 2014, 1,400+ professionals have attended these training sessions on topics such as corporate compliance, sustainability strategies, regulation and reporting. These training programmes are often co-hosted together with renowned external advisors. In addition to hosting Sustainability Spotlight sessions and cross-functional events, Nordic Capital gathers its portfolio companies on a regular basis for the annual Sustainability Summit and a series of roundtable events.

Nordic Capital provides access to tools and processes within its Sustainability Toolbox, as well as to its experienced in-house team, which collaborates closely with the investment and operations teams to drive tangible improvements.

Sustainable business practices at Nordic Capital

  • Nordic Capital is a signatory to the Principles for Responsible Investment (PRI) and committed to drive progress towards the UN Sustainable Development Goals (SDGs). As the portfolio is increasingly aligning with these goals, they can play a greater part in establishing a more sustainable eco system.

  • Nordic Capital equips its portfolio companies with tools, training and resources to help them embed material sustainability factors into their business agendas and value creation plans.

  • Nordic Capital uses a sustainability software platform to monitor, track and report on the impact of each company. The review covers a broad range of topics such as diversity, anti-corruption, energy efficiency, supply management and cyber security, providing significant visibility and facilitating improvement.

Sustainability in Action

Regnology – financial stability and transparency for a sustainable future

Regnology is a leading international provider of innovative regulatory, risk and supervisory technology solutions for the financial services industry. Its customers include large banks, leading insurance companies and supervisory authorities.

During Nordic Capital’s ownership, Regnology has seen significant sustainability strides. Its approach focuses on areas where it can make the greatest difference. In recognition of its efforts, Regnology has received a bronze rating from EcoVadis, the world's most trusted provider of business sustainability ratings.

Regnology’s sustainability approach concentrates on enhancing the stability of financial systems, supporting customers in meeting increasingly complex reporting requirements and fostering a diverse and inclusive work environment that encourages continuous learning and development. The company also prioritises the measurement and reduction of its Scope 1-3 CO₂e emissions, while maintaining robust governance and compliance processes to ensure adherence to both current and emerging regulations.

Partnership with Nordic Capital

Regnology has worked closely with Nordic Capital’s in-house sustainability team to develop a strategy and set realistic targets. Each year, the company participates in a sustainability review, providing insights on gaps and areas for improvement. Regnology has also benefitted from the practical resources that are accessible via Nordic Capital’s Compliance and Sustainability portal as well as the regular sharing of best practice with other portfolio companies at Nordic Capital’s sustainability summits and trainings.



iLOQ – on a quest to reduce battery waste and increase product reusability

Headquartered in Finland and operating in over 30 countries, iLOQ is a technology leader in smart digital locking and mobile access solutions. By designing battery-free and energy-efficient systems, iLOQ significantly reduces battery waste and increases product reusability, placing sustainability at the heart of its offerings.

Sustainability at the core of business strategy

This strong commitment goes beyond minimising environmental harm, instead iLOQ’s strategy actively seeks to enhance the positive environmental impact of its innovative access solutions in comparison to traditional alternatives. Sustainability is not treated as a standalone initiative, but as an integral element of the entire business strategy – deeply interwoven into the company's day-to-day operations.

Driving progress through innovation and inclusion

Driven by a vision of continuous improvement, iLOQ focuses on building a sustainable supply chain, using data-driven decision making, caring for partners, prioritising employee well-being and fostering D&I to spur innovation.

Key environmental efforts include conducting life-cycle assessments and environmental handprint evaluations to better understand and reduce their products’ total impact. Robust environmental targets are complemented by a commitment to social responsibility, with ongoing efforts to nurture a safe, healthy and inclusive workplace as the company grows.

With a clear roadmap established in 2023, iLOQ aims to contribute meaningfully to the global Net-Zero target by 2050, making measurable progress each year. Their approach stands as a testament to how integrating sustainability at every level can deliver both environmental and business value.