Industry best practices
We build our processes based on proven frameworks to ensure that our analysis and approaches are aligned with industry best practice, providing our companies with tools, systems, and trainings. Further, utilising a common approach with the wider economy enables us to track our progress against well-defined global benchmarks and enable collaboration across industries and companies.
The Novax way is based on the belief that real impact will only materialise if sustainability is integrated into the core of company strategy. We take an active approach to support our companies with developing their sustainability strategy and utilise materiality analysis to build hyper-focused and relevant sustainability goals to their specific business model and stakeholders.
The UN Sustainability goals lay the foundation for our sustainability ambitions and targets. We are focused on the goals in which our sectors are best positioned to drive sustainable development.
Sustainability. Every step of the way
From sourcing to deal evaluation to value creation, we integrate sustainability into every step of our investment process. We assess every potential investment according to the Novax Sustainability due diligence model and once the companies are on-boarded, sustainability becomes one of the key agenda pillars in the strategic value creation plan.
Progress. Measured
Our companies monitor, track, and improve their sustainability footprint. We follow tailored KPIs for portfolio companies to track that company’s development given their specific circumstances. What is measured gets done. Progress is discussed in board meetings at least annually and targets/metrics updated to mirror latest developments.
