About us
We need to work together, mobilise & accelerate
The world faces a challenging situation but also strategic opportunities linked to the green transition and ensuring sustainable supply chains. There is a need to proactively meet an unpredictable and rapidly changing business environment. Together with our members, we respond by strengthening partnerships to foster synergies as a nexus between international trade and development cooperation.
Swedish industry has an important role to play in this nexus by contributing to the green and digital transitions, job creation and economic and social sustainability in their value chains.
Mission
We are a pioneering and purpose-driven non-profit organisation, owned and governed by our members. Our long-term goal is to improve conditions for doing sustainable business and promote inclusive economic development in low- and middle-income countries. We believe in partnerships for the benefit of people and the planet. We use a joint approach – collaborations and partnerships – for managing ESG risks and leveraging a positive sustainability impact.
Vision
We want to be a “go-to” organisation that the private and public sectors turn to when looking to scale up partnerships in the aid and trade nexus and that Swedish companies turn to when looking to do sustainable business in complex markets
About NIR
NIR is a member-based non-profit organisation. Our members represent some of Sweden’s largest export companies and the financial sector. NIR has 14 employees in Stockholm and regional coordinators in Nairobi, Johannesburg, Hanoi and Bogotá..
“The competitiveness of Swedish companies is close to my heart and I truly believe that they should be present in all corners of the world. It is only through presence that you can serve as a role model, influence and contribute..”
Theory of Change
Increasing the sustainbility footprint
In developing markets, there are often complex factors outside a company’s sphere of influence that limit the ability to single-handedly manage such ESG risks and make a positive change. Complexites in the business environment hinder a sustainable development.
5 ESG Complexities
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1. Climate Change and the Need for Green Investments
The escalating impact of climate change increase the demand for green investments, particularly in sectors transitioning to sustainable energy and the extraction of transition minerals. Swedish industry, while well-positioned to lead in green technologies, face the challenge of sustainablity in the markets that are crucial sources of minerals like cobalt and lithium, necessary for green technologies. The environmental costs of extraction, coupled with weak governance frameworks, complicate efforts to ensure that these investments are truly sustainable and ESG-compliant.
- 2. Limited Access to Affordable Financing for Sustainable Projects
The “great financial divide” and high levels of debt distress in many Low-and Middle income countries limit access to affordable financing for ESG-related projects. Swedish companies and industries aiming to foster sustainability through investments in these regions may find it challenging to scale up their operations due to the inability of these countries to raise sufficient resources or secure affordable borrowing terms for necessary investments.
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3. Disruptions in Global Supply Chains and Market Volatility
Economic disruptions caused by global events, such as Russia's invasion of Ukraine and conflicts in the Middle East, have resulted in increased energy and commodity prices, inflation, and supply chain disruptions. Swedish companies operating in these markets, or sourcing from them, face a more volatile economic environment. This volatility challenges the reliability of partnerships and reduces the predictability needed for companies to engage in long-term ESG investments
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4. Compliance with Sustainability Requirements
The introduction EU sustainability requirements, Swedish industries with wast global value chains might encounter compliance and sustainbility issues when working with suppliers.
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5. Widening Inequality and Post Pandemic Recovery
Worsening economic inequality poses a major challenge to ESG goals. With 71% of the global population living in countries where inequality is increasing, this growing divide restricts access to resources, sustainable opportunities, and capital for low- and middle-income countries..
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6. Challenges to Democratic Institutions
Weak democratic institutions can lead to corruption, resource mismanagement, and instability, complicating responsible business practices and governance.
“Population growth, urbanisation, digitalisation and environmental concerns require that we go beyond rotation as we have known it for the past 115 years. Going forward, we need new standards and new partnerships for the development of clean technology solutions that improve energy efficiency and contribute to the necessary reduction of CO2 emissions across industries.”
How we create change
IDENTIFY MARKETS AND RISKS RELEVANT TO MEMBERS
ENABLE COLLABORATION BETWEEN MEMBERS TO ADDRESS COMMON RISKS
COLLABORATE WITH PARTNERS TO ADDRESS AND MITIGATE IDENTIFIED RISKS
PROMOTE AN ENABLING ENVIRONMENT FOR CONDUCTING SUSTAINABLE BUSINESS
Towards sustainable inclusive economic development
IMPACT on Workers
Community Impact
Environmental Impact
Governance & TranSperency
Security & Fragile Markets
NIR's Board of Directors
The Board of Directors is comprised of senior-ranking representatives from NIR’s member companies and organisations. As of 31 December 2023, NIR’s Board of Directors was comprised of the following Board members
Annika Berglund
Chair
Anna Medvedeva
Boliden
Magnus Nordéus
Ericsson
Ann-Sofie Zaks
SKF
Johan Sahlén
SEB
Lena Bertilsson
Exportkreditnämnden (EKN)
Tony Lindström
Volvo Group
Henrik Petersson
Saab AB
Kristoffer Hessedahl
Sandvik AB
Filip Elveling
Hitatchi Energy
Camilla Goldbeck-Löwe
Epiroc AB
Daniel Lundgren
Siemens Energy AB
Jonas Strömberg
Scania CV AB
Pontus Davidsson
Svensk Exportkredit (SEK)
Christine Bäckström
NIR
Eija Hietavou
Tetra Laval Group
Paul Palmstedt
AB Electrolux
Anna Sjörén
Atlas Copco AB