Sustainable investing

Our impact

Intera is committed to responsible investing and promoting sustainability. By employing over 10,000 people in our portfolio companies, we have a great opportunity to achieve significant and long-lasting societal impact. Through our transformative and growth focused approach, we are well-positioned to promote sustainability and corporate responsibility matters in our portfolio companies.

During our ownership, Intera’s portfolio companies have succeeded in e.g. improving health and safety of their workers, contributing to effective use of energy resources and mitigating climate change, increasing diversity and ensuring proper corporate governance.

Majority of Intera’s funds originate from pension funds, and the returns generated contribute to building of a sustainable future as well as welfare of many pensioners.

Our approach

Our approach to sustainability and corporate social responsibility is pragmatic, transparent and tailored to fit the operations and industry of each company. Responsibility plays a key role in our investment decisions and is considered already in the early stages of our investment process.

We ensure implementation of corporate social responsibility and ESG in all our new portfolio companies, which are then developed over the duration of Intera’s ownership of typically 3–7 years. As part of the process, each company adopts its unique ESG focus areas and targets as well as mandatory governance and reporting measures. Our goal is to ensure that corporate responsibility and ESG become an integral and permanent part of the companies’ daily operations and strategic planning.

Our role at Intera is to ensure implementation of the sustainability work in our portfolio companies, share best practices and monitor development. Even those companies that have not previously conducted systematic corporate responsibility work will get the support they need. The portfolio companies themselves decide on the responsibility measures they choose to adopt.

We communicate corporate social responsibility matters continuously, effectively and transparently with our investors, portfolio company management and other stakeholders. Potential ESG incidents are promptly investigated and resolved.

We firmly believe that properly implemented responsible investing also entails sustainable economic value. In exit situations all potential buyers, including financial, strategic and public investors, set demanding requirements about sustainability and corporate responsibility that the portfolio companies will have to meet.

 

Commitment to United Nation’s Principles for Responsible Investment

Intera has been a signatory to the United Nations’ Principles for Responsible Investment Initiative (UNPRI) since 2020. As a signatory,

  • We will incorporate ESG issues into investment analysis and decision-making processes.
  • We will be active owners and incorporate ESG issues into our ownership policies and practices.
  • We will seek appropriate disclosure on ESG issues by the entities in which we invest.
  • We will promote acceptance and implementation of the Principles within the investment industry.
  • We will work together to enhance our effectiveness in implementing the Principles.
  • We will each report on our activities and progress towards implementing the Principles.

Intera’s ESG governance

Intera has an experienced investment team that is committed to ensure that applicable ESG policies and activities are implemented and developed in our portfolio companies. Overall management, development and reporting of Intera’s portfolio level ESG work are overseen by Intera’s ESG officer/COO Tuomas Kahri, investment team member Otto Wirkkala and CFO Tomi Lähdemäki. Intera’s ESG Policy and any updates thereof are approved by Intera’s board.

 

International ISO 26000 standard

Intera uses the international ISO 26000 standard as the risk management tool and in developing corporate responsibility work in the portfolio companies.

ISO 26000 has the following seven core subjects:

  • Organizational governance
  • Human rights
  • Labor practices
  • The environment
  • Fair operating practices
  • Consumer Issues
  • Community involvement and development

Contribution to responsible investing community

Intera is a member of corporate responsibility network FIBS ry, which focuses on advancing sustainable and financially sound solutions for local and global problems.

Intera participates in the ESG development work of Finnish Venture Capital Association and follows their rules as well as guidelines of openness and transparency in the venture capital industry. The association’s recommendations serve as the industry standard in openness and transparency in the venture capital field in Finland.

Intera participates in Level 20 to promote gender diversity in European private equity.