2021 Annual Report now published
Investor AB has today published the Annual Report 2021 including the Sustainability Report, on www.investorab.com.
2021 was characterized by the covid-19 pandemic, but also by economic recovery and rallying equity markets, making it a strong year for Investor.
In the Annual Report, Jacob Wallenberg Investor’s Chair of the Board, and Johan Forssell Investors’ CEO comments on the situation in Ukraine.
“Tragically, 2022 will forever be remembered for the unprovoked Russian invasion and war in Ukraine, the first major war in Europe in over 80 years. Regardless of how this tragedy unfolds, the terrible suffering it is causing and its huge implications for global security will undoubtedly cast dark shadows for decades and serve as a stark reminder of the lethal threats to democracy. Many companies have not only been vocal in condemning the war, but quick to support the people in Ukraine as well as curb their operations in Russia”, writes Jacob Wallenberg.
During 2021, we continued to focus on further future-proofing our companies, making sure they are at the forefront of major trends, such as digitalization and sustainability, and well positioned to outperform competition over time. For instance, we sharpened our climate targets and joined the UN initiative 'Race to Zero'.
“I am impressed by how much our companies have already achieved when it comes to transforming processes related to procurement, production, and distribution into low-carbon alternatives. At the end of 2021, our companies had cut their emissions by 49 percent compared to 2016”, writes Jacob Wallenberg.
Our companies performed well operationally, managing rapid swings in demand and significant supply chain constraints, safeguarding customer deliveries. Many of our companies made important strategic acquisitions, while continuing to focus on agility and constant efficiency improvements.
“Regardless of how the global economy and equity markets will develop, Investor stands strong. Our portfolio consists of great companies with leading positions in attractive markets, and they are managed by highly skilled and experienced people. We also have a strong financial position, enabling us to act on attractive opportunities in all three business areas”, writes Johan Forssell.
For further information:
Viveka Hirdman-Ryrberg, Head of Corporate Communication and Sustainability,
Phone +46 70 550 3500
viveka.hirdman-ryrberg@investorab.com
Magnus Dalhammar, Head of Investor Relations,
Phone +46 73 524 2130
magnus.dalhammar@investorab.com
Our press releases can be accessed at www.investorab.com
Investor, founded by the Wallenberg family in 1916, is an engaged owner of high quality global companies. We have a long-term investment perspective. Through board participation, as well as industrial experience, our network and financial strength, we work continuously to support our companies to remain or become best-in-class. Our holdings include, among others, ABB, Atlas Copco, Ericsson, Mölnlycke and SEB.