Cegal awarded sustainability prize
Cegal has won private equity firm Norvestor's Sustainability Award for “Employee Engagement, Diversity and Inclusion”. The price highlights the targeted, ambitious, and strategic work Cegal has done in this field over the last years. The female network Women@Cegal was a main reason for the award.
Norvestor is a private equity firm which for more than 25 years has partnered with Nordic businesses. Today Norvestor control has 28 portfolio companies and €2.1 billion in committed capital. Sustainability is a key aspect of Norvestor’s investment philosophy because Norvestor is convinced that businesses that contribute positively to society and have sustainable business models will build long-term value. Sustainable business practices are crucial to the health and happiness of future generations. Norvestor is the majority owner of Cegal.
To highlight sustainability in its portfolio companies Norvestor holds an annual Sustainability Summit, where the best performing companies are awarded. Focus for this year's Summit was ESG themes (Environment, Sustainability and Governance). There were several topics on the agenda ranging from ESG reality check, creating value for key stakeholders to how we can enable sustainability behavior in our customers.
One of the reasons Cegal was awarded: “Employee Engagement, Diversity and Inclusion”, is the establishment of the female network and platform Women@Cegal. The network embraces both professional and social activities for all women in Cegal. Its mission is to shape the future workplace through the exchange of experiences, skills and personal development.
