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Summa Equity

PRI reporting framework 2020

You are in Strategy and Governance » Governance and human resources

Governance and human resources

SG 07. RI roles and responsibilities

07.1. Indicate the internal and/or external roles used by your organisation, and indicate for each whether they have oversight and/or implementation responsibilities for responsible investment.


Select from the below internal roles


07.2. For the roles for which you have RI oversight/accountability or implementation responsibilities, indicate how you execute these responsibilities.

When it comes to the management of ESG issues we incorporate oversight into the governance structure of each portfolio company and quickly establish formal governance mechanisms. Whilst our approach is tailored for portfolio companies, the company board, CEO and lead Partner from Summa Equity will always have accountability for identifying and implementing company relevant ESG related topics, KPIs and benchmarks. Although the board, CEO and lead Partner have ultimate accountability for ESG performance, we seek to embed this focus throughout the organization, in this way focus on these topics becoms a driver of performance rather than a distinct or unrelated activity.

Monitoring and communication take place on an ongoing basis throughout the life of the investment. This includes regular meetings with company board / management focusing explicitly on risk management and value creation opportunities, review of ESG monitoring reports as well as site visits. We engage with relevant stakeholders within and outside of the business as required. We also use the UN SDGs to facilitate these discussions.

Please refer to our portfolio report available at:


07.3. Indicate the number of dedicated responsible investment staff your organisation has.

19 Number

07.4. Additional information. [Optional]

ESG focus and SDG alignment are embedded throughout the organization. We expect everyone at Summa to play their part in making sure that investments are made and managed in a responsible manner. There are currently 16 professionals working directly with our investments (including partners and interns), as well as 3 professionals in the Via Summa team helping to strengthen value creation through ESG across the portfolio. 

SG 07 CC. Climate-issues roles and responsibilities

07.5 CC. Indicate the roles in the organisation that have oversight, accountability and/or management responsibilities for climate-related issues.

Board members or trustees

Chief Executive Officer (CEO), Chief Investment Officer (CIO), Chief Risk Officer (CRO), Investment Committee

Other Chief-level staff or heads of departments

Portfolio managers

07.6 CC. For board-level roles that have climate-related issue oversight/accountability or implementation responsibilities, indicate how these responsibilities are executed.

Boards responsibility: Oversight of climate-related risk disclosures, ensure TCFD compliance. ​

Execution model (being implemented in Q2 2020):

Risk and compliance review twice per year.:​

- Sign-off risk assessment (May/ June)​

- Half year review to track progress vs. targets and disclosure practices

07.7 CC. For management-level roles that assess and manage climate-related issues, provide further information on the structure and processes involved.

Leadership responsibility and execution model (being implemented during Q2 2020:

- Climate-related strategy (investment, mitigation) and target setting.

- Accountability for execution incl. TCFD compliance (Summa reporting and PC steering processes)​

- Portfolio risk analysis integration in quarterly Portfolio Review​

- Climate-related issues managed on an ongoing basis as required, plus two formal check-points:​

  -- During development of Portfolio Report, review strategy and disclosure practices, as well as scenario analysis (April – May)​

  -- In Q4: Review mitigation targets incl. climate target setting for the fund/ portfolio companies

SG 08. RI in performance management, reward and/or personal development (Private)