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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

Kinnevik’s policies, processes and rules relating to diversity and inclusion are outlined in Kinnevik’s corporate policies, including the Employee Handbook, Talent Management Policy and Work Environment Handbook. Below is a summary of the key aspects of diversity & inclusion at Kinnevik. 

Equal Opportunities

Advancement within Kinnevik shall be based on merit. All Kinnevik employees and candidates shall have equal opportunities based on competencies, experience and performance regardless of age, race, gender, religion, nationality, disability, sexual orientation, marital or parental status, political opinion, union membership, or ethnic background. This applies to recruitment, promotion, training and all other types of development steps in the company.

Fair and Equal Pay

No Kinnevik employee shall be paid less than the minimum total wage required by applicable law and all employees shall receive equal pay for equal work.

Anti-Victimization, Harassment and Bullying

Kinnevik is committed to promoting and ensuring a working environment where individuals are treated with respect.  Victimization, harassment and/or bullying, such as racial or sexual harassment, and harassment due to disabilities or on the grounds of sexual orientation or religion beliefs, are unacceptable and will not be tolerated. Such conduct will not be ignored, and any complaints will be taken seriously and investigated as a matter of urgency. 

Parents and Flexible Working

All Kinnevik employees shall be able to combine parenthood and work under equal conditions. The rules and regulations for parental pay differ between countries, however, all permanent Kinnevik employees, regardless of gender and care taker status, are entitled to paid parental leave of up to 39 weeks, during this period employees will receive 100% of their ordinary fixed salary. 

Kinnevik supports appropriate flexible working both in relation to working hours and working locations. Such flexible working arrangements are discussed and agreed on an individual basis with the relevant manager.

Kinnevik's DEI targets

Kinnevik Ranked First in the VC Category in Honordex PE & VC Inclusive Index 2023

For the third year in a row, Kinnevik ranked first in the VC category, having improved our score each year. This recognition is a demonstration of our commitment to creating a workplace that is equitable, diverse, and inclusive. We are proud to be among the top organisations in our industry and grateful to our team for their hard work and dedication in making this possible.

The Honordex Inclusive PE & VC Index evaluates private equity and venture capital firms based on their size, assets under management, and demonstrated commitment to inclusion and diversity. Our inclusion in this list demonstrates our dedication to fostering EDI support, inclusive teams, working conditions, actions and data, leadership, portfolio EDI, and additional public information.

We thank Equality Group for this recognition and look forward to continuing our efforts towards creating a more diverse, inclusive, and equitable future.