Innovation and sustainability can help build a better post-Covid-19 world
Private equity investors and portfolio companies are in a unique position to act as change agents to build back better.
Even before the world was fully aware of Covid-19 and the tsunami of impacts that it has generated, private equity was debating its contribution to society. High profile figures warned of its growing importance, as well as the increasing level of public and political scrutiny that it is attracting. This is the backdrop against which environmental, social and governance (ESG) issues have become much more significant for both general partners and limited partners.
Private equity-backed businesses have also helped in the fight against Covid-19, whether by producing PPE or ventilators, contributing to the search for a vaccine or using technology to facilitate remote working.
In this Private Equity News article, Elin Ljung, Director of Sustainability at Nordic Capital, discuss how private equity are in a unique position to act as change agents to build back better.