Portfolio wide goals
Enhancing resilience with portfolio-wide goals
To build a platform for sustainable growth, it is necessary to understand a company's material risks and opportunities from an impact as well as an operational and financial perspective. At Summa we have identified common elements that are material at an overall portfolio level in order to build resilience and enable long term sustainable outperformance.
We are committed to accelerating our portfolio’s progress on carbon reduction, diversity, and the game-changing impact. The portfolio-wide goals have been set to support these ambitions and are linked to the fundamental and game-changing impact objectives.
Summa is committed to accelerating progress on carbon reduction, diversity, and the game-changing impact of the portfolio.
Fundamental impact
- Climate-conscious growth that supports environmental protection and reduces climate risks
- Diverse competencies and perspectives across the organization to win in the future economy
- Responsible business practices across operations and supply chains
Game-changing impact
- Impact through portfolio company core products and services
- Benefitting stakeholders across a company’s value chain and beyond
Environment: Climate-conscious growth
All portfolio companies to have validated Science Based Targets (SBTs).
Status
Several companies have initiated the process to set SBTs, in which Sengenics and Axion have received an official SBT validation.
Social: Diverse leadership
All companies to have 40% female or non-binary representation in portfolio company Boards of Directors.
Status
NG Group, Milarex and Infobric have achieved minimum 40% board gender diversity, and several other companies have implemented initiatives to increase the female representation.
Governance: Responsible business practices
All companies to have operationalized Via Summa Compliance.
Status
The weighted average implementation rate in our portfolio in 2022 is 90%.