Private equity group EQT have established a sustainability committee which they say is the first of its kind in the private capital market at board level.

EQT says the committee will provide a platform for debate on EQT’s sustainability agenda between the board and management. Through quarterly meetings, the committee will challenge the firm’s sustainability strategy and include external thought leaders to push EQT’s approach towards accelerating specific sustainability themes.

Nicola Kimm, Board member of EQT AB since 2020, will be the Chairperson of the Committee. Nicola is the Chief Sustainability Officer and Management Board member at Heidelberg Cement. Other Committee members include EQT AB’s Chairperson Conni Jonsson and Board member Margo Cook.

Bahare Haghshenas, Global Head of Sustainable Transformation at EQT, said, “As a purpose-driven and active owner, sustainable transformation is at the core of our strategy. Having a dedicated Committee supporting this journey will further strengthen alignment between the Board and Management and will encourage us to think long-term, ultimately accelerating our efforts to drive superior returns for our clients in the most responsible way.”