Statement of Purpose
EQT is a purpose-driven global investment organization entirely focused on active ownership strategies, while responsibly investing in, owning and developing companies.
“EQT has an enduring commitment to responsible investment and has, since inception, had a multi-stakeholder approach based on the original concept from EQT’s founding in 1994 of being “more than capital”.
This concept still embodies the fundamental mindset that defines EQT and our active ownership approach. With an entrepreneurial spirit and passion for future-proofing companies, EQT continues to further incorporate the long-term ownership philosophy of the Swedish Wallenberg family.
With a Nordic heritage and a global mindset, combined with well-grounded values and a deeply rooted culture, EQT has a track record of almost three decades of delivering consistent and attractive returns across multiple geographies, sectors and strategies. We do this by making a real difference: over the years, EQT has, on average per annum, grown portfolio company revenues by 12 percent, EBITDA by 13 percent and number of employees by 7 percent. Going forward, we will develop EQT with greater diversity in mind and consciously transition the portfolio companies to use renewable energy, which will reduce greenhouse gas emissions. EQT is also committed to publishing key ESG data and linking incentive schemes to sustainability objectives.
As EQT has grown, our values have been further ingrained into the EQT way of doing business. By taking an active role and working closely with management and the boards, EQT supports portfolio companies with hands-on governance and expertise, leveraged from both within the EQT platform and the global network of EQT Advisors.
Providing both capital and competence constitutes the essence of EQT’s active ownership approach and is difficult to replicate. It allows EQT not only to invest, but also to be part of the solution and make a positive impact that prevails during and after EQT’s ownership period, all while creating attractive returns for EQT’s fund investors. Taking on the role as an active owner is not done overnight. It requires trust from multiple stakeholders and such trust is earned over time. EQT has always been dependent on our license to operate to continue carrying out our mission. This has meant a continuous quest to gain and preserve confidence from a broad set of stakeholders such as portfolio companies’ employees, fund investors, unions, the media, politicians – and, since the public listing, EQT AB’s shareholders.
Finally, we have decided to align all investment decisions in support of achieving the United Nations Sustainable Development Goals (SDGs) as well as ownership actions to drive the development of the portfolio companies in this direction - taking an active part in the world’s “Full Potential Plan”. Accordingly, EQT is committed to future-proofing companies and making a positive impact with everything we do. We believe this will ensure that EQT stays successful and relevant for its investors and society at large for the long-term.”