OUR SUSTAINABLE INVESTMENTS

ETR’s balance sheet is around EUR 210 million and we invest in almost all asset classes. We prefer consistently strong value creation measured by total shareholder return ("TSR"), which includes both dividends and capital appreciation. 

ETR has also integrated sustainability into its investment strategy. This means that we are selecting our investments, based on how they generate long-term economic growth and bring social well-being without harming the environment.

ESG Principles

We will use the sustainability policy as an active tool to combat climate change while creating value to the owners. Our environment, social and governance (ESG) principles and primary requirements are based on the United Nations Sustainable Development Goals (SDG’s) and realized by concrete, measurable actions. ETR follows three principles when assessing the current and future investments. ETR will focus on investments that

1. are mitigating their negative impact on the environment

2. ensure equal and just working conditions

3. practice transparent and legitimate business processes

We divide our investments into the following four asset classes:

Liquid assets

These include not only cash but also listed equities and liquid fund units. We make extensive use of external managers and have a globally diversified portfolio. Our aim is always to have 30 - 40% of our capital in this asset class. 

Alternative investments

We invest both directly in privately-held companies and in private equity funds. With direct investments, we aim to invest in equity but may consider some debt instruments. This asset class also includes other alternative investments such as hedge funds, forestry funds, loan funds, infrastructure funds and real estate funds. We expect an increase in investments in this asset class in the coming years.

Real estate

We own a industrial property in Vuosaari in East Helsinki, where our sister company the Paulig Group has offices and a coffee roastery.

At present we are satisfied with our real estate allocation and have no plans to increase our property investments significantly.

Strategic assets

This asset class includes investments of strategic importance to the Paulig family.