Our driving force
For us, sustainability isn’t just a nice add-on; it steers our investment decisions, portfolio development and strategy, it is what drove us to start Alder, and it remains our focus today.
We support technology leaders whose products and services reduce greenhouse gas emissions, conserve resources, protect water and nature, and enable cleaner air and more sustainable material flows.
Measurable impact
As owners, part of our role is to provide tools that enable our portfolio companies to gather and calculate clearer, more tangible data. It enables them to remain credible in their offerings and strengthens their competitiveness. During our ownership, our goal is for each company to gradually increase its positive impact (handprint) while reducing its negative impact (footprint).
The Alder Natural Capital Framework
We developed the Alder Natural Capital Framework to efficiently measure our portfolio’s impact and help stakeholders understand, compare and communicate the value created.
The framework translates a quantified environmental handprint (e.g., avoided CO₂e, reduced waste, material recovery) into a financial value using transparent assumptions. The results are based on five natural capital areas: Energy & Climate, Materials, Water, Air and Biodiversity.
We also align our activities and reporting with a range of mandatory and voluntary frameworks.
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 Natural Capital Framework.
Company level
Each company tracks its most relevant KPIs for positive impact as well as its footprint (scope 1, 2, and 3 emissions, energy, waste, water use). We also track the proportion of each company’s green turnover over time.
Sustainability from entry to exit
Sustainability criteria are critical at every stage of our investment: entry, development and exit.
In the entry phase, we conduct thematic analysis, impact analysis and ESG due diligence, evaluating both opportunities and risks.
As active owners, we engage closely with portfolio companies on strategic sustainability issues and help them prioritise and integrate sustainability into governance, strategy and culture.
Twelve innovative businesses, one mission – to grow companies that move the world forward.
The 2025 Alder Sustainability Report is here!
“As owners, we aim to develop our portfolio companies to be more resilient – both financially and in their contributions to more sustainable societies.”
Eva Normell, Sustainability Officer at Alder
Sustainable Finance Disclosure Regulation (SFDR)
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.
The Sustainable Finance Disclosure Regulation (SFDR) is the EU’s regulatory framework to increase the transparency of sustainability-related information and to counteract greenwashing. It enables us to demonstrate further how sustainability is integrated into our investment process and funds.
Download our overall SFDR documents via Policies & Documents, and log in to the respective investor portal for more detailed fund-specific information.
Below we present our active funds
Alder SOF
Vintage year: 2026
Fund size: SEK 2,737.8 million
Investment criteria:
To acquire and develop companies that benefit from the green transition and contribute to improved safety, resource efficiency and environmental performance. The Fund focuses on high-growth companies within building management solutions and industrial safety technology, supporting their development and scaling to deliver measurable environmental impact.
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. The Fund invests in companies that deliver technologies and solutions improving safety, energy efficiency and resource use in buildings and industrial environments, thereby contributing to a more resource-efficient and sustainable society.
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.
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.