Internal Initiatives
We believe that culture is the most important ingredient in driving the ESG agenda. The FSN Capital culture is built on our ethos and values and is realized through our behavior and priorities.
Diversity, Equity & Inclusion
In an increasingly complex world, having teams with complementary skillsets and backgrounds is vital for success. FSN Capital places significant emphasis on diversity, equity, and inclusion (DE&I).
Our DE&I vision
We want a workplace where the unique perspectives and qualities of our employees drive better collective decisions in generating outstanding returns for our investors.
Our DE&I definition
We believe in diversity of thought as the foundation for understanding risks and identifying opportunities others don’t. We are committed to embrace differences in genders, ethnicities and educational backgrounds.
We believe in a one-team meritocracy and mutual generosity where everyone has equal opportunities for success and career advancement. We are committed to understanding our biases and listening to every voice.
We believe in creating a sense of belonging and respecting the individual. We are committed to inclusive leadership and transparency on expectations to our employees.
Historical People Performance
At FSN Capital, we are committed to Diversity, Equity, and Inclusion within our organization, across our portfolio companies, and among our executive advisors. By championing a diverse array of voices and ensuring equitable opportunities for all, we strive to create an environment where every individual is respected, valued, and empowered to succeed. Since we started tracking Diversity, Equity, and Inclusion at FSN, the representation of women in the firm has increased, from 28% to 42%. 75% of portfolio company boards were diverse at year-end 2023.
Jesper Isaksen, Partner and Head of Talent, talks about Diversity at FSN Capital
Read this interview with our Executive Advisor Gunn Wærsted
Driving Returns through DE&I
In 2023 we conducted “Winning Together,” a firmwide initiative to create a DE&I strategy that reflects our values and cultural DNA.
The full FSN Capital team was involved, across 10 crossfunctional working groups, covering topics including Talent & Recruitment, Parenting, and Unconscious Bias. Each group researched, collaborated, and built a recommendation for the firm. A steering group of internal and external stakeholders acted as sparring partners.
The initiative resulted in a vision and definition that are purpose-built for our firm, with buy-in across the organization. We seek to promote diversity of thought, make everyone’s voice heard—and in the end, win together.
FSN Capital’s climate footprint and offsetting
In addition to reducing our emissions, we each year offset any remaining emissions by buying carbon removal credits. Total emissions for FSN Capital in 2022 was 406 tons CO2e, and we bought Verified Carbon Standard (VCS) credits for planting of mangrove trees and reforestation. These credits are in line with SBTi’s carbon removal strategy.
Giving Back
We are proud to support the Naandi foundation. It gives FSN Capital an opportunity to impact an issue otherwise beyond our reach”
— Frode Strand-Nielsen,
Founder and Chairperson, FSN Capital
Source: The Naandi Foundation
FSN Capital also sponsors and co-operates with other initiatives including:
- UNICEF, specific donation to support families in Ukraine fleeing the Russian invasion in 2022.
- FromU2them, committed to providing relief for citizens of India, affected by the Covid-19 crisis.
- Kennedy Human Rights, promoting investment approaches that consider social justice.
- Plan, driving change to advance children’s rights and equality for girls.
- Level 20, dedicated to improving gender diversity in the European Private Equity industry