About People Sustainability Careers News Companies Stories PEOPLE / THE GOAL: SUSTAINABLE VALUE CREATION Altor’s new Head of ESG, Stephanie Hubold, joins with a clear mission. “Environmental, social, and governance topics are too often looked at from a pure compliance and risk angle.” she explains. “Actually, high ESG performance can be an important driver of financial value creation.” Stephanie has long had a passion to develop solutions that reconcile economic and environmental objectives, and brings more than 12 years of experience in top-management consulting and the non-profit sector. Most recently, she was responsible for QVARTZ Sustainability practice, supporting leading corporates in the Nordics on their sustainability journeys. Prior, she has been driving projects on systemic change towards a circular, low-carbon economy with the Ellen MacArthur Foundation in the UK, after starting her career with McKinsey & Company in Munich where she was an active part of both the financial institutions group and the sustainability practice. The ambition in bringing Stephanie on board is to fully integrate ESG across Altor’s ownership cycle: From identifying opportunities and potential challenges in the screening process based on sustainability trends, and always running a systematic ESG due diligence, over to supporting portfolio companies in managing potential ESG risks and seizing the upside related to new growth markets, cost reductions, and lasting stakeholder relations. This will go along with requesting higher transparency and performance on critical ESG topics from our companies, and investing in building the required awareness and capabilities. “Science leaves no doubt that this decade counts to avoid an irreversible climate and biodiversity crisis.” Stephanie continues: “We need to change our economic system: Design to use again. Use, but don’t use up. Run on renewable energy. And business will play a crucial role in that transformation. In many companies, though, real progress is still hindered by short-termism, siloed thinking, and misaligned incentives. With Altor’s long ownership horizon, I trust we can really make a difference. The diverse portfolio allows to play to the whole range of Sustainable Development Goals, and use them as a powerful framework for innovation. And in addressing the Corona pandemic, responsible ownership is more important than ever.” Welcome, Stephanie. CASE / THE FLIP SIDE OF A CRISIS In times of crisis, new behaviors are taking shape. In 2002 at the SARS-virus outbreak millions of people, afraid to go outside, went shopping online. Alibaba, just three years old at the time, soared. Covid-19 will create similar necessary digital transformations. And here, Curamando, Altor’s recent investment, will play an important role. PEOPLE / GETTING TO KNOW ALTOR What is the secret sauce of Altor? A company with a number of resembling traits among our team members - but also contradictions and diversity of thought. Something we believe is quite unique and distinctive. See our film here! ALL ARTICLES Copyright © 2021 Altor All rights reserved Privacy and cookies policy JOIN US Join us on Facebook Join us on LinkedIn CONTACT STOCKHOLM Altor Equity Partners AB Altor Fund Manager Jakobsgatan 6 111 52 Stockholm Sweden Tel. +46 8 678 9100 Fax. +46 8 678 9101 info@altor.com HELSINKI Altor Equity Partners OY Pohjoisesplanadi 25 B 00100 Helsinki Finland Tel. +358 9 6829 470 Fax. +358 9 6829 4750 info@altor.com OSLO Altor Equity Partners AS Tjuvholmen Allé 19 0252 Oslo Norway Tel. +47 2212 8383 Fax. +47 2212 8384 info@altor.com COPENHAGEN Altor Equity Partners A/S Rosenborggade 15, II 1130 Copenhagen Denmark Tel. +45 3336 7300 info@altor.com ST. HELIER Altor Funds 11-15 Seaton Place St Helier Jersey JE4 0QH Channel Island Tel. +44 1534 833 000 info@altor.je ZURICH Altor Equity Partners AG Bellevueplatz 5 8001 Zurich Switzerland Tel. +41 76 445 68 84 info@altor.com COOKIES By continuing you give us permission to deploy cookies as per our privacy and cookies policy I UNDERSTAND