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Subject: PER

EQT Future strengthens its Mission Board with global impact experts


STOCKHOLM, Jan. 27, 2022 /PRNewswire/ -- EQT Future is proud to announce the appointment of three high-caliber business executives with strong impact expertise to its Mission Board. The purpose of EQT Future's Mission Board is to provide external objectivity to the fund's strategic direction and set the bar high for its commitment to drive positive impact. The Mission Board will be a close sparring partner to EQT Future's Investment Advisory Team and will challenge and support them throughout the fund's investment processes

The individuals joining the Mission Board are Ho Ching, recently retired CEO of Temasek; Naina Lal Kidwai, former Country Head of HSBC India; and Svein Tore Holsether, President and CEO of Yara International. Hedda Pahlson-Moller,Co-founder and CEO of TIIME.org has been appointed Impact Director and will be responsible for coordination of the Mission Board and the development of the EQT Future fund's impact objectives.

The new members, each of whom bring a wealth of experience from heading global corporations and NGOs, are joined by the Mission Board's previously announced co-chairs Paul Polman, former CEO of Unilever, UN Sustainability Ambassador, and co-founder of IMAGINE, and Jacob Wallenberg, Chairperson of Investor AB and vice Chairperson of ABB and Ericsson. 

EQT Future was launched in October 2021 with the ambition to elevate EQT's platform-wide commitment to making a positive impact. The fund's impact-driven strategy is built on three decades of future-proofing companies and it applies EQT's active ownership model to accelerate sustainable transformation of companies while creating attractive risk adjusted returns. 

New appointments

Paul Polman, Co-chair of the EQT Future Mission Board, said, "We are at a crossroads where the cost of inaction will be higher than the cost of action, and companies must ask themselves which path they will take. To me, EQT has clearly chosen its route. By placing impact at the focal point of all investment decisions, EQT Future is leveraging the power of private equity to support businesses that can accelerate transformational change for the benefit of the environment and society at large. As co-chair of EQT Future's Mission Board, I am very excited to be joined by our new members who all share this mindset and are committed to help solve societal challenges." 

Anders Misund, Partner and Head of EQT Future, said, "We are honoured to welcome such seasoned executives to join EQT Future's Mission Board. Their collective experience from leading multinational corporations and ESG-oriented NGOs is highly complementary and will empower the EQT Future fund in making more conscious and impactful investment decisions."

Contact

EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/eqt-future-strengthens-its-mission-board-with-global-impact-experts,c3493358

The following files are available for download:

https://mb.cision.com/Main/87/3493358/1525874.pdf

Press release EQT Future Mission Board 220127

https://news.cision.com/eqt/i/eqt-future,c3004409

EQT Future

 

 


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