Alder invests in companies that provide solutions for climate, biodiversity and efficient resource use.
Through sustainable investment and active ownership, we support technology leaders who reduce greenhouse gas emissions, conserve resources, protect water and nature, and enable cleaner air and more sustainable material flows.
Our goal is to develop businesses that generate positive impact for a greener, more sustainable future - while strengthening their competitiveness.
POSITIVE IMPACT
We invest in companies whose solutions reduce emissions, increase resource efficiency and promote circular business models.
To measure and accelerate this positive impact, we use the Alder Natural Capital Framework - our tool for making sustainability measurable, monetizable and embedded in the business.
The framework is based on five areas of natural capital where our investments have the greatest potential to create value: Energy & Climate, Materials, Water, Air and Biodiversity.
Our goal is for each company to gradually increase its positive handprint while reducing its negative footprint. Within the framework of Race to Zero, we are actively working to drive this development throughout the portfolio.
How we measure impact
We monitor our investments on two levels to ensure real impact and transparency:
Fund level
We measure the overall impact of each fund using the Alder Natural Capital Framework. We calculate both the total Natural Capital impact for the portfolio and by area - for example, climate, water or materials.
This makes our results tangible, comparable and traceable across companies, sectors and over time, clearly showing how our investments contribute to global sustainability goals.
Company level
Each company tracks its most relevant KPIs for positive impact and reports the economic value of its Handprint minus Footprint - representing the net impact their solutions create on natural capital.
We also track the evolution of companies' green turnover over time, showing how a growing share of business contributes to sustainable transition and increased resilience.
OUR APPROACH
We integrate sustainability into everything we do; investment, engagement, development and strategy.
In the investment phase, we conduct thematic analysis, impact analysis and ESG due diligence where we evaluate both opportunities and risks.
The Alder Natural Capital Framework provides us with a common language and tools to understand and develop the impact of companies - both the positive and the ones that need improvement.
As an active owner, we engage closely with portfolio companies on strategic sustainability issues and use the framework's maturity levels to help companies set the right priorities and integrate sustainability into governance, strategy and culture.
Alder has been a member of PRI, the UN body for responsible investment, since 2012.
Download the report PRI transparency report 2025 here.
We align our activities and reporting with a range of mandatory and voluntary frameworks.
We live as we learn
We set high standards for our portfolio companies and ourselves.
Our approach is characterized by commitment, responsibility and transparency - and we believe that sustainability and business development go hand in hand.
We want sustainability to be both measurable and value-creating, for our companies, investors and society at large.
SUSTAINABILITY REPORT
Alder produces an annual sustainability report summarizing the state of our operations and portfolio.
Download Alder's sustainability report for 2024 here
During our ownership, we develop our portfolio companies into something truly future-proof and sustainable.
Eva Normell, Sustainability Officer
SFDR at Alder
SFDR - Increased transparency on sustainability
The Sustainable Finance Disclosure Regulation (SFDR) is the EU's regulatory framework to increase the transparency of sustainability-related information and to counteract greenwashing.
At Alder , we see this as a way to further demonstrate how sustainability is integrated into our investment process and funds.
Below, our overall SFDR documents are available for download, while more detailed fund-specific information can be found in the respective investor portal.
Documents for download:
SFDR Website disclosure, Article 10
Below we present our funds
Fund: Alder III
Vintage year: 2023
Fund size: SEK 3,061.2 million
Investment criteria:
To acquire and develop companies that will benefit from the green transition and contribute to long-term health and environmental sustainability, focussing on investments with high growth potential.
Market:
Mainly in the Nordics with a focus on smaller medium-sized companies.
Investment objective:
To own and develop companies that contribute to the sustainable development of our environment. We invest in companies that through their business model deliver an environmental benefit, such as reduced consumption of energy and resources, reduced emissions to air and water and reduced waste, which contributes to the UN Sustainable Development Goals.
Fund: Alder II
Vintage year: 2018
Fund size: SEK 1,527.8 million
Investment criteria:
To acquire and develop companies that will benefit from the green transition and contribute to long-term health and environmental sustainability, focussing on investments with high growth potential.
Market:
Mainly in the Nordics
Investment objective:
To own and develop companies that contribute to the sustainable development of our environment. We invest in companies that through their business model deliver an environmental benefit, such as reduced consumption of energy and resources, reduced emissions to air and water and reduced waste, which contributes to the UN Sustainable Development Goals.
Fund: Alder I
Vintage year: 2010
Fund size: 1 116,8 MSEK
Investment criteria:
The fund invests in cleantech companies, creating Expansion/Development/Buyouts.
Market:
Mainly in the Nordics
Investment objective:
To own and develop companies that contribute to the sustainable development of our environment. We invest in companies that through their business model deliver an environmental benefit, such as reduced consumption of energy and resources, reduced emissions to air and water and reduced waste, which contributes to the UN Sustainable Development Goals.
Alder is looking for companies that are ready to take the next step.
We are always on the lookout for companies with the drive and desire to develop. Our investments focus on established companies with profitable growth and a turnover of between SEK 100 and 750 million, as well as additional acquisitions, which may be smaller.
