Sustainable future for business, society and the environment
Sustainable, successful and resilient companies
Adelis promotes a sustainable future for business, society, and the environment, and recognises that our institutional investors have a duty to act in the best long-term interest of their beneficiaries. As such, we aim to generate superior risk-adjusted returns for our investors through the acquisition, development and subsequent divestment of companies that fit our investment criteria.
Our mission is to build sustainable, successful, and resilient companies, and we believe that responsible investing is an integral part to achieve this. Adelis defines responsible investment as an approach to investing that aims to incorporate ESG factors into investment decisions, to better manage risk and generate sustainable, long-term returns. As part of our investment analysis, we seek to identify potential ESG risks and improvement areas, as well as potential ESG-related value-creation opportunities.
Adelis ESG strategy covers four ESG focus areas based on the UN Sustainable Development Goals (SDG); Climate Action, Responsible Consumption and Production, Decent Work as well as Gender Equality, aspects which are material within our industry, as well as shared value drivers within our portfolio. The strategy is implemented through our ESG framework which consists of documented processes and tools that guide us during pre-investment and during our ownership until exit.
As part of Adelis’ investment analysis process, conducting an ESG Due Diligence covering risks, improvement areas, and value creation opportunities is a mandatory component of any final investment recommendation brought to the Investment Committee for decision. The due diligence shall put particular emphasis on the direct operational impact of a company’s activities, including the sustainability of its products and services as well as the potential indirect impacts within the company’s value chain, including but not limited to sector- and country risks.
The core of our ESG framework is the ESG roadmap which includes two levels of ESG requirements with the purpose of increasing the ESG maturity within our portfolio over time, as well as one non-mandatory level for industry leadership if deemed relevant to the business model and additional value creation opportunities. In our comprehensive approach to managing ESG, a key role is played by each portfolio company’s board of directors, which is responsible for defining and implementing ESG-related strategies and policies, subject to formal requirements, support, and follow-up from Adelis.
An active partner for companies with high aspirations
Several of our investments are in businesses that particularly contribute to a more sustainable future, for example SSI Diagnostica Group (rapid tests for infectious diseases and quality control materials for vaccine developers), Presto (fire and other safety services), UniSea (health, safety and environmental management software for the shipping industry) and Axentia (making public transport a more attractive alternative).
All Adelis funds are Swedish limited liability companies licensed under the Alternative Investment Fund Manager Directive (AIFMD). The entire Adelis corporate structure is onshore with a Swedish base. The firm is owned by current and former employees.