Summa & Friends Ep #02: How the Private Equity Industry is Tackling Climate Change
Jul 13, 2022
In this engaging discussion, Christian Sinding, CEO of EQT, and Rainer Indal, Managing Partner of Suma Equity, delve into private equity's crucial role in addressing climate change. They explore the industry's transformation from traditional investment to intentional, problem-first approaches that tackle societal challenges. Sinding highlights EQT's purpose-driven strategy and ambitious sustainability targets. Indal emphasizes the need for bold, actionable investments in green technologies, while both share personal insights on the importance of leadership and meaningful impact.
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Private Equity's Built-In Superpowers
- Private equity already has the core 'superpowers'—time, capital, governance—to drive large sustainability shifts.
- Christian Sinding argues activation and leadership, not resources, are the main barriers to impact.
Electrifying A National Ferry Fleet
- EQT owns Norway's largest ferry company and committed to electrify the entire fleet and build the world's first hydrogen-powered ferry.
- Christian uses this example to show bold ownership choices create future-proof, valuable companies.
ESG Backlash Is About Control, Not Purpose
- The backlash against ESG often targets control and regulation rather than sustainability's core aims.
- Christian reframes sustainable investing as long-term value creation that attracts talent and strengthens stakeholder relations.