Our Responsibilities.

At Nordic Eye, we take our responsibility as a Venture & Growth Capital firm seriously, which includes considering environmental, social, and governance factors in both our administration and investment strategy.

Responsibility

Sustainable practice is integral for success.

Nordic Eye is dedicated to responsible investing, recognizing that responsible business practices lead to value creation and long-term success. Our sustainability strategy is aligned with our business strategy, with a focus on investing in strong companies that contribute to sustainable and social development. We also prioritize sustainable awareness within our own company and portfolio.

 

Nordic Eye's approach to ESG is Creating a long-term value for investors and society.

Responsibility

Building a sustainable future.

At every stage of the investment process, from deal sourcing to exit, our team follows best practices in economic, social, and environmental behavior. In our administration, we prioritize ESG by implementing sustainable business practices and creating a positive impact in the communities where we operate. We ensure that our portfolio companies share our values and goals, and we encourage them to prioritize ESG factors in their operations.

As part of our investment strategy, we believe that companies that prioritize ESG are more likely to be sustainable and successful over the long term. Therefore, we incorporate ESG considerations into our due diligence process, seeking out companies that align with our values. 

Overall, ESG is a fundamental aspect of our business, and we are committed to creating sustainable value for our investors, portfolio companies, and society at large. By considering ESG factors in our administration and investment strategy, we believe that we can make a positive impact on the world while generating attractive returns for our investors.

Sustainability policy.

 Regulation 2019/2088/EU

All information below is produced according to the European Parliament and European Council’s Regulation 2019/2088/EU of November 27th, 2019 on the sustainability-related disclosures in the financial services sector. The regulation came into force on March 10, 2021. 

Statement on principal adverse impacts of investment decisions on sustainability factors.
Nordic Eye follows strict policies to ensure that our investments align with our high sustainability requirements. We conduct extensive research and have critical dialogues with target companies to assess their sustainability impact. We do not invest in industries such as tobacco, firearms, armaments, oil, gambling/betting, or pornography. Our portfolio companies must establish governance structures that meet our sustainability principles, which include not affiliating with "no-go" industries, adhering to UN sanctions lists, and having processes and policies to manage sustainability risks. We value active ownership and strong corporate governance to create value in our investments. We commit to the UN Principles for Responsible Investment.
Integration of sustainability risks in renumeration policies.
The boards of Nordic Eye’s portfolio companies must establish policies and systems that ensure board oversight with executive management, performance and renumeration reviews, legal compliance, regards and accounting standards, effective internal controls and solid risk management processes. This forms part of Nordic Eye’s effective monitoring and reporting to ensure that excessive risk taking, also in relation to sustainability risks, is mitigated through discouragement and prevention. Nordic Eye personnel are reviewed in regard to remuneration once a year in January. The review is based on performance and ability to comply with out Sustainability Principles and ESG initiatives. In addition, where an individual, no matter level or seniority, has made a significant and tangible effort or value-adding contribution to the implementation of Nordic Eye’s Sustainability Principles, this could be included in the performance review on the remuneration as a discretionary reward.
Pre-contractual information: Integration of sustainability risks and effect on return.
The key objective of Nordic Eye is to create value and strengthen our portfolio companies through active ownership, ultimately yielding a higher return for our investors. However, if an investment target does not meet Nordic Eye’s requirements to sustainability and ESG initiatives, while being a positive candidate with regards to return, Nordic Eye will still choose to not invest in the target. This is based on our commitment to our sustainability initiatives and commitment to a positive societal impact.
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