Norvestor recognises the impact the business practices of our funds and portfolio companies have on the environment and on society at large. We see this as a responsibility as well as an opportunity; we call this sustainable equity. Our team and the family of Norvestor portfolio companies are committed to making positive and valuable contributions – to shareholders, clients, employees, the communities we operate in and to society at large, as well as to our fund investors.
We are steadfast in our commitment to promoting sound principles for the protection of the environment, social responsibility and sound governance practices. Environmental, social and corporate governance (ESG) is an integral part of our investment process and guides our conduct as owner. When evaluating an investment opportunity, we apply ESG perspectives to identify opportunities and risks. Our portfolio companies conduct annual ESG reviews, looking for ways to improve their practices.
Norvestor is aware that conflicts of interest may arise between investors in the various Norvestor funds or between ourselves and the portfolio companies when investing or divesting, as well as in other contexts. Standards and processes are in place to ensure that all relevant issues are carefully considered before decisions are made. We identify and manage any potential conflict of interest according to our partnership agreements with fund investors to ensure fair treatment of all parties.
At Norvestor we believe that individuals with complementary skills and experiences build high-performance teams. We are committed to develop the Norvestor team, the portfolio company boards and the portfolio company management teams with competence, ambition and diversity. Our passion and curiosity for building successful businesses bring us together.