Sustainability Creates Value

At Spintop Ventures, we believe sustainability and value creation go hand in hand. Since the firm was founded, sustainability has been part of how we invest, from screening and due diligence through our years as an active owner. We consider sustainability KPIs as important as financial ones.

We work actively with the UN Sustainable Development Goals, both internally and with our portfolio companies, to identify the ESG metrics to track and improve over time. Sustainability assessment is an integral part of our due diligence when evaluating new investments. The SDGs we focus on are:

  • Gender equality (SDG 5)

  • Decent work and economic growth (SDG 8)

  • Climate action (SDG 13)

The UN Sustainable Development Goals wedding cake model. Three stacked tiers labelled biosphere, society and economy, with the seventeen goal icons grouped around them, and goals five, eight and thirteen called out at the right.
The UN Sustainable Development Goals wedding cake model. Three stacked tiers labelled biosphere, society and economy, with the seventeen goal icons grouped around them, and goals five, eight and thirteen called out at the right.

SDG 5

Gender Equality

Research shows that diverse companies perform better over the long term. As of December 2025, 28% of Spintop IV portfolio companies are led by female CEOs. At management level, women make up around 36% in Spintop III and 22% in Spintop IV, while boards across both funds lag behind at around 20%. We are actively addressing this, including by seeking female independent board members.

SDG 8

Decent Work and Economic Growth

Successful companies create new jobs. At the end of 2025, the Spintop III and IV portfolio companies employed 995 people (full-time equivalents), a net increase of 57 jobs during the year. These are real jobs with proper employment arrangements and personal growth opportunities, in companies built on sound values.

SDG 13

Climate Action

Our portfolio companies leave a CO2 footprint, like all companies. Many of them also have a direct or indirect positive climate impact. We help our portfolio companies systematically measure and track their negative and positive climate impact, and follow up regularly to drive improvement towards climate neutrality and a net positive impact.

The most adverse impact of our portfolio is greenhouse gas emissions. While our portfolio companies have the potential to reduce emissions significantly, we do not net the positive impact against the negative. We provide our portfolio companies with transparency through quarterly follow-ups and benchmarks, so that any increase in emissions can be addressed quickly. Although we remain vigilant, Spintop is comfortable that the potential adverse impacts of our companies are not material.

Annex I PAI statement (reference period 2025)

Snow capped Nordic peak at sunset above a forested valley and a river

On the ground across the Nordics.

Investing at pre-seed and seed.

Spintop Ventures mark
Spintop Ventures

Norway

Tordenskiolds gate 2, 0160 Oslo
Krambugata 2, 7011 Trondheim

Sweden

Sveavägen 50, 111 34 Stockholm
Bredgatan 4, 211 30 Malmö
Rådhusgatan 46, 831 82 Östersund

Finland

Mikonkatu 9, 00100 Helsinki

Denmark

Højbro Pl. 10, 1200 København

© 2005–2026 Spintop Private Service AB. Org. no. 556805-0859

Snow capped Nordic peak at sunset above a forested valley and a river

On the ground across the Nordics.

Investing at pre-seed and seed.

Spintop Ventures mark
Spintop Ventures

Norway

Tordenskiolds gate 2, 0160 Oslo
Krambugata 2, 7011 Trondheim

Sweden

Sveavägen 50, 111 34 Stockholm
Bredgatan 4, 211 30 Malmö
Rådhusgatan 46, 831 82 Östersund

Finland

Mikonkatu 9, 00100 Helsinki

Denmark

Højbro Pl. 10, 1200 København

© 2005–2026 Spintop Private Service AB. Org. no. 556805-0859

Snow capped Nordic peak at sunset above a forested valley and a river

On the ground across the Nordics.

Investing at pre-seed and seed.

Spintop Ventures mark
Spintop Ventures

Norway

Tordenskiolds gate 2, 0160 Oslo
Krambugata 2, 7011 Trondheim

Sweden

Sveavägen 50, 111 34 Stockholm
Bredgatan 4, 211 30 Malmö
Rådhusgatan 46, 831 82 Östersund

Finland

Mikonkatu 9, 00100 Helsinki

Denmark

Højbro Pl. 10, 1200 København

© 2005–2026 Spintop Private Service AB. Org. no. 556805-0859