SummaEquity
At a glance

Summa Equity

Impact focus since 2016 for all investments

Overview

Investment strategy

Private Equity (buyout & growth)

Investment approach

Thematic / impact

Main geographic focus

Northern Europe

Summa at a glance

Summa is a thematic investment firm defined by a purpose-driven team that invests in addressing some of the global challenges we face today. We focus on industries supported by megatrends within three themes: Resource Efficiency, Changing Demographics, and Tech-Enabled Transformation. Our portfolio companies have the potential for long-term sustainable outperformance as they help address material impact & ESG challenges we need to solve as a society.

Key developments 2022

Summa closed its third fund (“Summa Equity Fund III”) in January 2022, with c. EUR 2.3 bn. The Article 9 fund strengthens Summa’s ability to contribute to solving global challenges through sustainable investing. With 7 new investments during 2022, Summa Equity Fund III is off to a successful start. Furthermore, Summa launched its own podcast, Summa & Friends.

Environmental

Carbon intensity: Tons CO₂e per EURm revenue

Summa portfolio: 177
Financial services: 180
Computer & rel. act.: 280
Waste water treatment: 400
Tech hardware: 500
Food & beverage: 600
Chemicals: 720
Metal products: 840

Portfolio, total tons CO₂ emitted

Change from ‘21-’22
2022
+0%
1.26
2021
1.2
2020
1.23

Portfolio monetized climate impact

EURm
The figure represents the monetized value the company has on the environment. See chapter 4 and appendix for methodology.

Social

Number of employees, Summa

Staff turnover, Summa

%

Gender balance: % female representation, Summa

%

Board

%

Management

%

All employees

Portfolio monetized employment impact

EURm
The figure represents the monetized value the portfolio has as a quality employer. See chapter 4 and appendix for methodology.

Governance

How Summa is advancing ESG

Summa monetizes the environmental andemployment impact of all portfolio companies, as well as the consumer impact of Milarex and Pagero. Learn more about the Impact-Weighted Accounts ("IWA") framework and the 2022 results in chapter 4.

Science Based Targets

Summa has committed to the Science Based Targets (“SBT”) Initiative with expected validation for own operations during Q2 2023. Furthermore, Summa supports the portfolio companies to set their own SBTs.

Via Summa Compliance

%
Portfolio policy implementation

Portfolio board gender diversity (wAVG)

Change from ‘21-’22
2022
-0ppt
22%
2021
27%

Portfolio revenue (EURbn)

Change from ‘21 - ‘22
2022
+0%
2.3
2021
1.6
2020
1.2

Funds raised (EURbn)

Change from '21 -'22

Fund III

2.3

Fund II

0.6

Fund I

0.4

Impact aligned platform investments

Change from ‘21 - ‘22
2022
+0%
19
2021
15
2020
13

Cumulative funds deployed (EURbn)

Change from ‘21 - ‘22
2022
+0%
2.1
2021
1.4
2020
0.9

Impact highlights

EUR0bn
Article 9, impact fund raised
0
new impact-aligned investments in 2022
0
awards recognizing Summa`s strategy
0
Consumer Impact-Weighted Accounts projects