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.
Pillars of Meaningfulness
The pillars of Meaningfulness govern all our investment strategies and funds.
Meaningfulness Memo
![Waves crashing onto some rocks](https://norselab.com/volumes/images/Brand-photos/_840x590_crop_center-center_82_none/PP-Attitude-Bedrock.jpg?c=20240712084609)
Meaningfulness Memo
The assessments we perform in the investment process are documented in a Meaningfulness Memo. The memo generally references 30 – 40 sources to support the assessments. It also details the quantifiable impact metrics to track and the potential gaps we want to remediate.
The Meaningfulness Memo helps increase awareness of an impact thesis rooted in science and provides common ground and focus for managing the investment.
Accounting for Norselab's impact
![Cole keister oum E4 Keypc M unsplash](https://norselab.com/volumes/images/Brand-photos/_840x590_crop_center-center_82_none/cole-keister-oumE4KeypcM-unsplash_2024-07-11-121729_vytx.jpg?c=20240711145359)
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.
![HERO Meaningfulness](https://norselab.com/volumes/images/Brand-photos/_840x590_crop_center-center_82_none/HERO-Meaningfulness.jpg?c=20240712084607)
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.
![2021 Meaningfulness Report 05x](https://norselab.com/volumes/images/Meaningfulness-Reports/_840x590_crop_center-center_82_none/2021-Meaningfulness-Report@05x.jpg?c=20240711145540)
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.
![Alexandr bormotin a7 P Jam F Vb ZI unsplash](https://norselab.com/volumes/images/Brand-photos/_840x590_crop_center-center_82_none/alexandr-bormotin-a7PJamFVbZI-unsplash.jpg?c=20240711145357)
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.