DNB Private Equity recognizes the impact we have on society and the environment. Environmental, social, and governance factors are integrated into all stages of our decision-making process, from the initial analysis of an investment opportunity to the final investment decision.
DNB Private Equity will seek to invest with responsible PE fund managers who consider ESG factors in their investment decisions and during their active ownership. After the investment, all investments will be continuously monitored by DNB Private Equity through screening tools, direct dialogue with the PE funds, and reporting on ESG from the PE funds.
If DNB Private Equity considers that the actual or potential impact of sustainability risk on an investment is unacceptable, DNB Private Equity may refrain from making such an investment, or at the earliest possible time choose to sell its stake in such an investment, if relevant.
For more information about DNB Private Equity's approach to ESG, please refer to the DNB Asset Management Private Equity ESG Guidelines.
DAM PE ESG Guidelines (PDF)
DNB Private Equity is part of DAM, and ESG-related considerations have been part of DAM's investment methodology since 1988. Since then, DAM has continuously improved its ESG practices. DAM is part of DNB Bank ASA, which is a member of and follows several initiatives, including the UN Principles for Responsible Investment ("PRI"). Managers of alternative investment funds are subject to certain disclosure obligations under the EU Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial sector ("SFDR"). For information related to the requirements in Articles 3, 4, and 5 of the SFDR, please see the disclosure documents of DNB Asset Management ("DAM").