Optimizing portfolio companies

Continuously improving sustainability performance

Our commitments

Crucial to our investments’ long-term success is a solid ESG framework, ensuring proper governance and compliance, a prosperous work environment, and a focus on contributing to the energy transition.

Key results 2021

1,580

scope 1, in metrics tons of CO2 equivalent

2,819

scope 2, location based, in metrics tons of CO2 equivalent

853

scope 3, metrics tons of CO2 equivalent. *selection of our material scope 3 emissions

How we work to integrate ESG

All investments are subject to an ESG onboarding process, which includes an initial materiality assessment and the identification of ESG focus areas for the company. Our companies are then integrated in our annual ESG assessment and reporting processes. We conduct climate risk assessment of all companies annually, and we will be screening our portfolio companies eligibility and alignment with the EU taxonomy each year moving forward.

Acquisition of company
ESG onboarding
Identify material ESG topics and focus areas for the business
Annual assessments and reporting processes
Higher valuation through increased awareness and transparency on ESG issues

Ambitions and goals for 2022

We are an industrial investment company, supporting the energy transition. Together with our portfolio companies, we will provide green, enabling technologies to accelerate global efforts to meet the goals of the Paris Agreement.

Develop Roadmap to reach the goals of the Paris Agreement

Our goals are set, and are in accordance with the Paris Agreement. We will develop a roadmap to achieve this target, based on the Science Based Target initiative (SBTi).

EU taxonomy eligibility and alignment

We assess the portfolio`s alignment with the EU Taxonomy, in which the new Technical screening Criteria will be evaluated. We will also do av re-evalutation of our eligibility.