The Background of
Nobel Sustainability Trust

We encourage the research, development, action, and

implementation of sustainable solutions

The Nobel Sustainability Trust Foundation works independently and is legally registered in Switzerland since 2007 by four Nobel Family members. Formerly known as the Nobel Charitable Trust, its name was changed to the Nobel Sustainability Trust (NST) in 2011 so as to more accurately represent its role and activities. Its board of trustees today includes five members of the Nobel Family. The NST logo and The Sustainability Award are trademarked in the EU and around the world.

To promote the activities described above, the NST encourages the research, development, action, and implementation of sustainable solutions. A key component will be the creation of Awards for Sustainability. These awards, given annually, will form an accolade for those who make outstanding contributions to sustainability. The winners will be presented with the awards at a dinner held in connection with a symposium, organized by the NST, in major cities around the world.

The NST, via its secretariat and main office in Switzerland and its representative offices in Sweden, Pakistan, Japan, and Costa Rica, will assist in the selection of universities from various countries, which will collect the proposed projects and candidates. One of these will also be the Award Coordinating University (ACU). This entity, in consultation with the NST, will select and maintain the list of sourcing universities. The ACU will create a committee, the Sustainability Award Committee, which will have the final say in the selection of the award winners. This body will include members from various academic institutions. The NST's different offices will plan and manage the annual conferences and related events. They will additionally liaise with the media along with organize and propose invitations for the award ceremonies.

Stringent efforts will be made to ensure that the NST Awards will be recognized, by all concerned, as being independent of the traditional Nobel Prizes and that no administrative or commercial relations exist between the Nobel Foundation and the NST.
 

The NST’s financial support will come from sovereign entities, family offices, and corporations who support its agenda. A clear understanding of the origin of these funds is essential. As a result, the NST will work with licensed and registered entities that are regulated by the financial authorities in their respective jurisdictions.

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The Mission of the
Nobel Sustainability Trust

The members of the Nobel family, founders of the NST, have been observing the devastation of the world’s vital, natural, and non-renewable resources with great concern. This over-consumption has led to an increase in global temperatures and pollution of land, food, water, and air. The founders believe that the economic and social health of civilization will, to a large extent, depend on the availability of energy and a sustainable approach to agriculture, forestry, industrial manufacturing, and water reclamation. This will require substantial intellectual and financial effort. It is the aim of the NST to assist with this process. The objective of the NST is to improve the quality of life, which is, today, threatened by pollution, climate change, and depletion of natural resources. Sufficient food, in addition to clean water, air, and energy is essential to reaching this objective.

The NST aims to contribute in the following areas:

  • Climate change with emphasis on reduction of global warming

  • Advances in clean and renewable technologies and policies

  • A pollution-free, life-sustaining environment

  • Inspiration for present and future generations
     

The Board

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Michael Nobel

The chairman of the NST, university professor Michael Nobel, PhD, participated in the introduction of magnetic resonance imaging (MRI) as European vice president of Fonar Corp. From 1991 to 2007, he served as executive chairman of the MRIAB Group, a company providing MRI services to Swedish hospitals. From 1991 to 2006, he was vice chairman and chairman of the Board of the Nobel Family. He has been a consultant to UNESCO in Paris and the United Nations Social Affairs Division in Geneva. Michael Nobel is presently the chairman or a board member of six international companies in medical diagnostics, treatment, and information. He is also board member of  five non-profit organizations.

He was appointed a distinguished professor at the Advanced Research Institute of Natural Science and Technology at Osaka City University and as a guest professor at the Seisa and Soka Universities in Japan. Michael Nobel has received twelve honorary doctorates and professorships from universities around the world and fourteen other types of awards for his work in medical innovation and conflict resolution as well as in other fields.

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Peter Nobel

Peter Nobel co-founded the Swedish clean tech company HeatCore AB which operates in the energy efficiency sector. The company is developing and marketing a highly compact and efficient heat cell for applications in the global heating industry. Peter has a degree of Master of Science in Material Science and Engineering from the Royal Institute of Technology in Stockholm and a degree in Business Administration from Lund University.

He has a track record of over 25 years positioning companies for success and market share growth in various industrial markets. He possesses extensive experience holding executive positions in sales and marketing, R&D, and manufacturing functions in global companies like Alfa Laval and SWEP International.

He has significant expertise in successfully navigating long sales cycles for industrial components for various global industry sectors and was instrumental for developing heat transfer products into an exponential growth resulting in a €500 million worldwide market.

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Erik Nobel

Erik Nobel was born in Stockholm in 1979. He graduated from the Stockholm School of Economics with a Master of Science in Business and Economics, majoring in Accounting and Financial Management in 2003.

He has a long and distinguished career in financial administration in several Nordic and international companies, most notably as an investment director in the Swedish 6th AP fund. He previously worked for several years at JP Morgan and Erik Penser Fonder.

Erik Nobel is today a managing director in Stockholm for Levine, Leichtman Capital Partners, an independent investment management firm with its head office in California.

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Stephanie Nobel

Stephanie Nobel was born in Stockholm in 1987.

After graduating from senior high school in Stockholm, she studied Pedagogy at the University of Malmö. She received a Bachelor of Arts in Education degree in 2018.

Stephanie is presently working as a teacher at Tolvåkerskolan in Skåne.

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Johan Nobel

Johan Nobel has extensive experience in various kinds of financial risks, including risks associated with Environmental, Social and Governance (ESG). He holds a Master of Science in Economics of Innovation and Growth from the Royal Institute of Technology and Bachelor of Science in Economics and Mathematics from Stockholm University.

Johan currently works at a Stockholm-based hedge fund focusing on direct lending to mid-sized Nordic companies. Prior to that he has worked within fixed income, insurance, and most recently as a deal manager at the Swedish Export Credit Corporation, a state-owned company that finances Swedish exporters, their subsidiaries, and foreign customers.