Kinnevik invests in the power of technology to make life better for people around the world, by providing more and better choice. To do that, we and the businesses we invest in, need to truly understand their customers. This is why it is vital that our organisation and portfolio companies’ teams reflect their diverse customer base. Improving diversity and inclusion (“D&I”) will bring clear business benefits through improved financial performance, a higher degree of innovation, better decision-making and value creation over the long-term.
To support our investee companies and their management teams on the journey towards creating a more inclusive culture and increasingly diverse teams, we have created a D&I Toolkit (the ”Toolkit”). The Toolkit is meant to inspire and serve as a practical guide on how to structure and initiate D&I efforts. While we recognize that there is no secret recipe for achieving D&I - all companies must assess their own needs and consider the relevant organisational context at hand - we believe the Toolkit includes many good first steps which anyone can implement.
The Toolkit comprises eight sections covering key D&I topics to consider at the outset of your D&I efforts. The first four sections focus on how to define your D&I ambitions, creating a baseline and ensuring you have processes to measure and assess progress. The last four sections focus on concrete actions to help you achieve your ambitions and build a sustainable and inclusive workplace.
Below is a smaller extract of the full Toolkit provided to our portfolio companies.
Believing you are meritocratic will not get you anywhere. Improving D&I, and specifically creating an inclusive culture, is a long-term project dependent on people believing in the intrinsic value of D&I.