Kinnevik's greatest asset is and has always been our people - in our own organisation and in our portfolio. As such, attracting and retaining top talent is a key priority. Kinnevik regards diversity, equity and inclusion as core levers for value creation, and we make full use of the opportunities that arise from employing a team with different backgrounds and perspectives.
Fulfilment of DEI Targets 2025
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1. Female representation
Target: Achieve an average share of women in portfolio company boards and management teams of 40%.
Outcome: The share of women in portfolio company boards was 29 percent per end of 2025 (25 percent 2024) and in portfolio management teams 36 percent (37 percent).
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2. Follow-on investments
Target: Only make follow-on investments in companies that are making sufficient progress in relation to diversity and inclusion.
Outcome: All potential follow-on investments are evaluated on diversity, equity, & inclusion (“DEI”) performance and are conditional upon satisfactory progress. During 2025, 96 percent of our portfolio companies made progress on their respective DEI ambitions and gaps (97 percent 2024).
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3. Portfolio strategy
Target: Ensure 100 percent of portfolio companies have a DEI strategy in place, including measurable targets and regular internal tracking of progress.
Outcome: At the end of 2025, 96 percent of our portfolio companies had a DEI strategy in place (94 percent 2024).