Climate action
EQT is addressing climate change in a holistic way, across all parts of the EQT ecosystem, from integrating it into its purpose and supporting the EQT funds’ portfolio companies, to partnering with the EQT Foundation driving global philanthropic activities and investing in impact innovation.
EQT has assessed and worked to reduce the climate impact of EQT Group’s own operations since 2015. Since then, EQT has continuously stepped up its sustainability ambitions.
EQT is one of the first private equity firms to sign up for the Science Based Targets initiative. This initiative drives climate action by helping companies set greenhouse gas emissions reduction targets in line with the Paris Agreement.
EQT is currently establishing its baseline and assessing targets in alignment with the recently-published guidelines for financial institutions. To achieve the reduction goals, which will also cover the EQT funds’ portfolio companies, EQT is teaming up with the EQT Foundation which has climate technology as one of its key investment themes. Together, EQT is aiming to create an ecosystem around key climate challenges and share best practices to help climate technology founders scale their solutions and impact.
In addition to measuring and trying to reduce its own emissions, EQT also offsets all emissions that cannot be avoided. See EQT’s Annual and Sustainability Report 2020 for more details.
