
Polaris is a leading Nordic private equity firm investing in mid-sized companies across the region. As ESG expectations continue to rise in the investment landscape, Polaris partnered with The Footprint Firm to take their sustainability strategy to the next level and establish a structured, forward-looking approach to ESG reporting, culminating in the publication of their first annual Polaris sustainability report.

Polaris set out to define the next step in its ESG journey, both as a responsible investor and as a company. The objective was twofold: to develop a clear and actionable ESG strategy that could guide portfolio engagement, and to build a reporting framework aligned with leading international standards. We were brought in to support both aspects.
We supported Polaris in expanding the ESG focus across two levels: the fund manager perspective and internal operations. This included identifying key sustainability priorities across funds, aligning with global best practice frameworks (SASB, GRI, TCFD, and the GHG Protocol), and strengthening integration of ESG into the investment process and active ownership model.
A key outcome was the development of the Polaris Sustainability Program - a structured framework designed to create value, build ESG capabilities, and drive sustainability performance across the portfolio.
We also supported the onboarding of portfolio companies to the program to ensure consistency, engagement, and long-term value creation across Polaris’ investments.
Our collaboration enabled Polaris to take a major step forward in formalising the fund’s sustainability approach, both in-house and across its portfolio.
With a clear strategy, an actionable ESG program, and a strong foundation for reporting, Polaris is now well-positioned for responsible ownership in the Nordic private equity space.