Updated Diversity & Inclusion Targets for 2022
While we are proud of the progress made against our four D&I targets announced in 2019, we are by no means satisfied. We remain committed to driving the D&I agenda and have during 2021 worked to identify new D&I targets to address a broader approach to diversity and the importance of inclusion of all.
In February 2022, we announced our updated and more ambitious D&I targets which going forward will replace the targets announced at the 2019 AGM. We will report on progress for all targets on a yearly basis.
1. Increase Kinnevik Inclusion - Increase Our Inclusion Score on an Annual Incremental Basis
2. 10% Female Capital Allocation - On a Two-Year Rolling Basis, 10% of New Capital in Female Founded or Led Companies from 2019 AGM and onward
3. Follow-On Investments - Only Make Follow-On Investments in Companies that are Making Sufficient Progress in Relation to Diversity & Inclusion
4. Ensure Portfolio Progress - Achieve Annual Incremental Progress across Portfolio on Relevant Diversity & Inclusion Efforts
Diversity & Inclusion at Kinnevik
Besides our fundamental belief in equal rights for all employees, Kinnevik believes diversity and inclusion brings clear business benefits as it leads to improved financial performance, higher degree of innovation, better decision making and creation of value over the long-term. Read more about our work.
To our portfolio companies, we offer the Kinnevik D&I Toolkit – a practical guidebook on how to increase diversity and create a more inclusive workplace