Highlights from Impact/Return
As part of Stockholm Impact Week, Summa Equity (“Summa”) co-hosted Impact/Return, together with the Norrsken Foundation. The event is all about how the world’s greatest challenges are also the world’s greatest opportunities for impact investors (something Summa can get behind!).
- News
3 min read
Summa wants to thank everyone who participated in the event, raising their voice, and making a buzz around impact investing. And to Niklas Adalberth, Founder of the Norrsken Foundation and the Norrsken Foundation team for enabling us to collaborate on building an area for impact investors: inspiring and promoting investment in businesses geared toward solving the world’s biggest challenges and redefining them into opportunities. Continue this read to hear the highlights of the day!
The day included opportunities for networking, discussion, and inspiration. We heard from Niklas Adalberth, about his journey from founding Klarna to starting Norrsken as an ecosystem for entrepreneurs solving societal challenges. We also heard from Summa’s Founder and Managing Partner, Reynir Indahl, who kicked off the day with his story founding Summa as a new kind of private equity firm focused on investments in society’s greatest challenges. Later in the day we also had a chance to share Summa’s new Impact Map in a lively discussion with other impact leaders focused on how to move the industry from reactive ESG reporting to proactive impact strategies.
It’s hard to pick a highlight from the day, but two moments stuck out. Summa Partner Tim He had the chance to moderate a panel on pursuing impact in a market turndown with Nazo Moosa (Managing Partner, Energy Impact Partners), Alexander Mass (Managing Director, Goldman Sachs), and Fredrik Norell (Director, Blackrock Renewable Power Group). We were thrilled to hear that these leaders are still bullish on sustainable investing. Despite the market turndown, opportunities still exist, and we can use the circumstances to increase our focus and raise the bar for impact investing.
Participants also had the chance to hear from Pavan Sukhdev, Founder and CEO of GIST Impact. Sukhdev’s keynote made a compelling case for how today’s externalities represent the risks and losses of the future and inspired attendees to rethink how they capture environmental and social impacts. We were particularly excited to hear Sukhdev highlight the opportunity to better quantify and monetize impact data given Summa’s own efforts to integrate impact weighted accounting into our investment approach.
Again, thank you to everyone who participated and helped make the event a success. We can’t wait to see you again next year!