Together with its international network of signatories, the UNPRI Initiative is dedicated to the practical implementation of the six principles for responsible investment. The aim is to improve understanding of the impact of investment activities on environmental, social and governance issues, and to support signatories in integrating these issues into their investment decisions. The Principles for Responsible Investment were developed by an international group of institutional investors and reflect the increasing relevance of environmental, social and governance issues to investment practice. The process was launched by the UN Secretary-General.

By signing the Principles in May 2019, we as investors publicly commit to their adoption and implementation, to the extent consistent with our fiduciary obligations. We also commit to evaluating the effectiveness of the Principles and improving their content over time. We believe this will enable us to better meet our obligations to our beneficiaries and better align our investment practices with broader societal objectives.

We are delighted to be a Sponsor of Level 20, the not-for-profit organisation established to inspire women to join and succeed in the private equity industry.

Our firm supports Level 20’s mission to encourage greater female representation across the private equity industry with the goal of having 20% of senior positions in the industry held by women and with a particular focus on increasing the number of women in investment roles.

We support Level 20’s five key initiatives to achieve this mission: mentoring and development; networking and events; outreach; advocacy; and research. We encourage our employees irrespective of gender to be active members of Level 20 by contributing to Level 20-led research, discussion groups and outreach events and participating in the annual mentoring programme. Our firm’s engagement with these activities is led by our internal Level 20 Lead Partner Sponsor.

NORD Holding is a Member of Level 20 since 2022.

The initative Climat International (iC International) was originally launched as the iC20 (Initiative Climat 2020) in November 2015 by a group of private equity firms who decided to join forces and contribute to the Paris Agreement’s objective of limiting global warming to well-below 2 degrees Celsius.

Private equity is an integral part in the global economic system, facilitating sustained growth across industries and market sectors. In light of this, iC International’s call to action is clear: the global private equity industry has to play its part in tackling climate change by leveraging tried-and-tested methodologies to analyse and mitigate carbon emissions and exposure to climate-related financial risks in their portfolios.

NORD Holding is member of this initiative since 2022.

The Women’s Empowerment Principles (WEPs) are a set of Principles offering guidance to business on how to promote gender equality and women’s empowerment in the workplace, marketplace and community. Established by UN Global Compact and UN Women, the WEPs are informed by international labour and human rights standards and grounded in the recognition that businesses have a stake in, and a responsibility for, gender equality and women’s empowerment.

WEPs are a primary vehicle for corporate delivery on gender equality dimensions of the 2030 agenda and the United Nations Sustainable Development Goals. By joining the WEPs community, the CEO signals commitment to this agenda at the highest levels of the company and to work collaboratively in multistakeholder networks to foster business practices that empower women. These include equal pay for work of equal value, gender-responsive supply chain practices and zero tolerance against sexual harassment in the workplace.

We signed WEPs in 2022.

The Climate Neutral Now Initiative is one of several initiatives launched by the UNFCCC secretariat to increase climate action by engaging non-Party stakeholders (sub-national governments, companies, organizations, individuals). It was launched in 2015 based on a mandate to promote the voluntary use of carbon market mechanisms recognized under the Convention.

It has evolved to become a much wider tool for awareness-raising, capacity building, partnership development, promoting and facilitating the estimation of carbon footprints, the reduction of those footprints, and voluntary compensation (offsetting).

The Climate Neutral Now Initiative encourages and supports organizations and other interested stakeholders to act now in order to achieve a climate neutral world by 2050 as enshrined in the Paris Agreement. The initiative is NOT a certification scheme for its participants. It is a tool to promote additional voluntary action on climate, and to provide recognition for it. Claims of carbon neutrality, net zero or similar are out of the scope of Climate Neutral Now, even when participation in the initiative can help stakeholders advance in their path to achieve those certifications through suitable standards and processes.