Sitra as an investor

The Bank of Finland and the Finnish Parliament gave Sitra an endowment capital of approximately 84 million euros. This endowment capital has laid the foundation for Sitra’s current investment assets, the returns on which provide financing for the future-oriented work at Sitra. 

At the end of 2025, the market value of all Sitra’s investment assets was 1 040 million euros.

Investments by asset type at the end of 2025

– Listed equity investments 42%
– Venture capital and private equity investments 21%
– Fixed income investments 18%
– Real estate, infrastructure and timberland investments 19%

In the year 2025, the return on investments was 9.6 per cent. Taking inflation into account the real return was 9.4 per cent. The five-year average annual return on investments was 6.0 per cent and the average annual real return 2.7 per cent. 

Sitra’s investment assets are mainly invested in funds. Sitra makes the decisions on the allocations, but the funds decide on the individual investment targets independently, as per the fund’s rules. 

The investment portfolio is diversified not only across different asset classes but also geographically. Approximately 30 percent of the investments were allocated to Finland.

No new corporate investments have been made since 2014. At the end of 2025 Sitra’s investment portfolio still included two companies. 

Responsible investment

We manage Sitra’s investments in a secure and profitable manner. In addition to risk and return, environmental, societal and corporate governance (ESG) issues are included in all investment decisions. 

We signed the UN Principles for Responsible Investment (PRI) in 2015. Sitra’s responsible investment practices and actions are reported annually to the PRI, which assesses the reports. The practical implementation relies on Sitra’s Guidelines for Responsible Investment.

One of the primary sustainability goals in Sitra’s investment activities is to mitigate climate change. Our goal is to achieve a carbon-neutral investment portfolio by 2035. The interim targets are as follows: in 2025, the carbon intensity of investments will be at least 50% lower and, in 2030, at least 75% lower than in the baseline year 2020.  

Biodiversity is the latest focus in Sitra’s sustainable investments activities. We reported for the first time on Sitra’s nature-related investment risks and opportunities. The report covered the fiscal year 2024 and was conducted in accordance with the TNFD recommendations (The Taskforce on Nature-related Financial Disclosures). 

Read more about Sitra’s climate and nature strategy for investments.

National legislation and the international The UN Global Compact principles governing business and society are taken into account when addressing responsibility.  Due to the fact that Sitra’s investments are mainly made through funds we require that our asset managers actively monitor companies’ ESG issues as part of their investment activities. The minimum requirement for fund investments is that the asset manager has signed the PRI or has a responsible investment policy. 

Read more