Our Impact Philosophy: Meaningfulness
Norselab has a proprietary impact philosophy: “Meaningfulness”. The philosophy is core to all of our strategies and funds.
The UN’s Sustainable Development Goals (SDGs) are our North Star for impact. The SDGs define what our world needs to create a sustainable future. To us, they define what we should consider as positive impact. All our investments must contribute to at least one SDG target.
Our Meaningfulness Policy provides transparency, predictability, and accountability for all sustainable investment practices across our funds.
A multi-layer impact philosophy guiding our investment strategies
When we at Norselab started building our impact approach, one question was front and center: How can we do this right?
We wanted to step back from mainstream ESG and sustainable investing practices and rethink how we can invest to help achieve the scale and depth of change we need to make our planet a livable place also in the future.
This reflection resulted in the philosophy we live by at Norselab: Meaningfulness.
Pillars of Meaningfulness
The pillars of Meaningfulness provide direction for identifying impact and apply to all our investment strategies.
The Meaningfulness Memo
The Meaningfulness Memo is a central document for investment decision-making in all our funds. It provides a granular overview of a company's impact intensity and all the aspects and sources that have been considered in the impact assessment process.
The memo concludes on whether the assessed company is eligible for investment by our funds. When relevant, it also provides a roadmap for the impact management of the investment.
Accounting for Norselab's impact
Norselab's 2023 Meaningfulness Report
Discover the impacts created by Norselab's investments in 2023. Our investments in 2023 generated a net positive impact valued at USD 11 million, a testament to the effectiveness of our approach in accelerating the sustainable transition in global industries.
Norselab's 2022 Meaningfulness Report
Explore the impact performance of the Norselab group, our funds and portfolio companies in 2022 and learn more about our ambitions.
Norselab's 2021 Meaningfulness Report
Explore the impact performance of Norselab's funds and portfolio companies in 2021, and learn more about our continuous work towards fine-tuning our approach to impact.
Norselab's 2020 Meaningfulness Report
Learn about our impact philosophy and how we make sure the companies we invest in contribute positively to the world. Get highlights from our 2020 Meaningfulness Report and access the full report.