SEB
Leading the way in sustainable private equity
Carl Gustavsson
SEB Private Equity
Industry
Private Equity
Product
Sustainable Investment
Region
EMEA
About
SEB
SEB Private Equity stands as a lead player in the Nordic private equity landscape, and have a commitment to driving sustainable growth and fostering responsible investment practices. They focus on direct investments within the Nordic lower mid-market and makes partnership investments with leading private equity firms globally. They've selected Worldfavor's platform to gather and track critial data, ensuring SFDR compliance.
Challenge
Before Worldfavor, SEB Private Equity managed ESG data manually in spreadsheets, proving insufficient for the data volume required to meet sustainability goals. The lack of dedicated resources in small portfolio companies made it difficult to gain the necessary level of sustainability knowledge for proactive ESG work.
Solution
SEB Private Equity chose Worldfavor Sustainable Investments for its tailored solutions, ESG learning support, and real data gathering directly from portfolio companies. Worldfavor understood and addressed their SFDR requirements, enabling accurate data gathering and alignment with sustainability goals and regulations.
Result
SEB Private Equity uses Worldfavor for a simpler way of gathering and monitoring data across their portfolio, enhancing ESG performance tracking and empowering companies for consistent sustainability improvement. The platform fosters a data-driven approach to sustainability amid growing regulatory demands.
Challenges
Prior to using Worldfavor, SEB Private Equity was managing their ESG data manually in spreadsheets, which was insufficient for the amount of data that needed to be gathered and analyzed in line with their sustainability targets.
Additionally, the small companies that SEB Private Equity invests in rarely have the capacity to dedicate full-time employees to sustainability, which often means that it’s challenging to get the sustainability knowledge to a level where companies can start working proactively to improve their ESG performance.
Solution
After assessing several different ESG platforms, SEB Private Equity chose Worldfavor as their vendor thanks to some key functionalities that would help them on their sustainability journey:
The possibility to gather real data directly from portfolio companies, as opposed to estimates
A solution well aligned with the specific needs of SEB Private Equity
Portfolio engagement and support in ESG learning and development
SEB Private Equity recognized that Worldfavor understood and could help them with their scope and setting up a solution aligned with the fund’s ESG needs. The possibility of gathering real data directly from portfolio companies, as opposed to estimates, was a crucial need since it enabled them to consistently improve targets that had been set in line with chosen sustainability initiatives and to meet SRDR reporting.
Result
Worldfavor empowers you with the essential tools to identify the impacts of your supply chain, giving you insights to conduct an informed double materiality assessment. Access key data in line with the ESRS standards to understand risks and opportunities, and take smart action to improve your sustainability, and excel in your CSRD reporting!
