Nysnø joins Skift – Business Climate Leaders

“We are looking forward to collaborating with the Skift network. Skift represents an important knowledge arena where Norwegian business leaders can come together to discuss the opportunities presented by the transition to a zero-emissions society”, says Siri Kalvig, CEO of Nysnø.

Skift is working on the major climate shifts towards a zero-emissions society in areas such as agriculture, construction, mobility, and energy. The network facilitates project collaboration between members and contributes to learning and implementing Skift’s principles for more sustainable business.

“Nysnø contributes both capital and expertise, and with its investments in technology, solutions, and services, Nysnø is a key player in accelerating the transition to a zero-emissions society. We are proud and happy to welcome Nysnø into the climate collaboration in the Skift network”, says Bjørn K. Haugland CEO of Skift.

 

Climate investor

Nysnø invests in companies and funds operating in or out of Norway that develop solutions for reducing greenhouse gas emissions. Their portfolio includes climate technology companies in areas such as energy, construction, mobility, agriculture, and circular economy.

The company invests in early-stage climate technology companies, as well as more industrial projects that secure predictable and long-term capital access to the development of new green value chains. At the same time, the company works on fund investments that have a global impact with the aim of building capital bridges to international markets, attracting international investors to Norway, and creating market access and growth opportunities for Norwegian companies. Nysnø has contributed capital to more than 170 climate technology companies.

“Norway is to build green industrial value chains. That development does not happen in the cloud but by putting shovels in the ground and start digging. To achieve this green industrial transition, it requires enormous investments from private and public investors”, says Kalvig.

 

Encourages investors to measure climate impact

Due to ambitious climate goals in Europe for net zero emissions by 2050, the number of dedicated climate investors has increased significantly. At the same time, greenhouse gas emissions have become a key performance metric for investors that can have direct financial implications on a company’s success.

Nysnø has emphasised the importance of assessing the potential climate return on investment equally with future financial results. The company recently released a report on how we can establish a common methodology for calculating future avoided greenhouse gas emissions.

“Our goal is to encourage the global investment community to calculate the future climate impact of investments, and thereby contribute to channelling capital towards sustainable investments. We hope that our membership in Skift will help raise awareness of this in the whole network”, says Kalvig.