--- id: 12597 title: "Norvestor: Best Sustainable Equity Investor Nordics 2024" award_year: 2024 published: 2024-09-21 11:29:44 published_gmt: 2024-09-21 10:29:44 author: "CFI.co Editorial" url: "https://cfi.co/awards/europe/2024/norvestor-best-sustainable-equity-investor-nordics-2024/" categories: ["Best Practice", "Europe", "Finance", "Sustainability"] content_class: award_rationale independence_status: independent_editorial sponsor_disclosure: none editorial_lens: constructive_positive_lens historical_status: current_at_publication correction_status: none archive_policy: no_delete provenance_layer: github_versioned wayback_status: archived wayback_first_snapshot: 20250215033124 wayback_snapshot_url: "http://web.archive.org/web/20250215033124/https://cfi.co/awards/europe/2024/norvestor-best-sustainable-equity-investor-nordics-2024/" license: CFI-OAAL-1.0 content_sha256: 55409f7824d95f94982fef4fee712a3076679350f540a804cdd219559246c0d1 canonical: 12597-norvestor-best-sustainable-equity-investor-nordics-2024.json --- # Norvestor: Best Sustainable Equity Investor Nordics 2024 > Verbatim archived copy. Canonical machine record: `12597-norvestor-best-sustainable-equity-investor-nordics-2024.json`. Norvestor

Norvestor is a leader in sustainable investing, underpinned by three cornerstone principles: integrating ESG into the investment process, promoting sustainable business practices, and investing in companies that offer innovative solutions to global challenges. Norvestor embeds ESG into every aspect of the investment process, identifying risks and opportunities. Its extensive due diligence process emphasises compliance, governance, and risk management. Norvestor’s new Head of Sustainability is committed to providing strategic direction, ensuring compliance, and collaborating closely with portfolio companies. Norvestor’s commitment to sustainability is evident in its achievements over the past year, including the implementation of a global ESG platform to manage sustainability data, its improvement in CO2 reporting, and support for all portfolio companies to report full Scope 3 emissions. The firm consistently monitors KPIs, with 83 percent of boards now including female directors. Governance policies have been fully integrated into the requirements for all portfolio companies. Norvestor has delivered impressive results through Fund VIII, with an average gross multiple of 2.32x and an IRR of 42 percent (Q1 2024). The firm successfully closed Fund IX at EUR 1.5 bn, comfortably exceeding its target, and has already made four strategic acquisitions in leading enterprises. An ESG summit is planned to foster stronger CFO involvement, coaching, and mentoring. With a disciplined focus on ESG, Norvestor drives impactful change in its portfolio companies, ensuring that sustainable practices are fully integrated. The CFI.co Judging Panel congratulates Norvestor on winning the 2024 award Best Sustainable Equity Investor (Nordics).