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.
Stringent efforts will be made to ensure that the Sustainability 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.
The Mission of the
Nobel Sustainability Trust
The 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
Role of the NST Representative
The function of a country representative is to act, within the country’s jurisdiction, as an ambassador for the NST. NST representatives will seek financial support for the creation of its Sustainability Award and funding for conference and events management infrastructure associated with the award. This will be achieved through donations and licensing of the NST name and services.
Country representatives, professionally managed and in accordance with financial regulations, will assist with:
Contacting potential sponsors such as sovereign funds, corporations, family offices, and professional associations, to assess whether they would accept to sponsor NST’s activities. All interested parties will be subject to a strict due diligence and
Obtaining and maintaining a collaborative agreement with the foremost technological universities in the representative’s region or country. Representatives will additionally ascertain that these academic institutions form and maintain a local committee to propose to the lead university or its committee an invention, discovery, or technical development which potentially could be of demonstrable benefit to the general population in sustainable technology.
Assessing the interest in the representative’s home country or its major cities in hosting a Sustainability Conference followed by a gala dinner including the award ceremony.
The Board Members
Peter has a degree of Master of Science in Material Science and Engineering from the Royal Institute of Technology in Stockholm.
He has an extensive track record of positioning companies for successful market share growth in various international industrial markets, such as the global HVAC industry.
Peter has extensive experience with several CEOs roles in different industries and executive positions in sales and marketing, R&D and manufacturing at global companies such as Alfa Laval and SWEP International.
He has significant expertise in successfully navigating long sales cycles for industrial component for various global industry sectors and implemented heat transfer products with an exponential growth resulting in world-wide and dominating market shares.
Peter Nobel has also co-founded and run start-ups companies in the clean-tech sector to develop and market a compact and efficient heat cell for applications in the heating industry and developed new methods in water purification technology. He holds patents as well as international pending patent applications for water purification technology and listed patents in heat exchanger technology.
Peter works actively as advisory consultant to company boards in e.g. Japan and Hong Kong.
The founder 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.
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.
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.
Johan Nobel was born in 1986. 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.
He has extensive experience in various kinds of financial risks, loan origination and regulations coupled to the financial market such as the EU Taxonomy and the Sustainable Finance Disclosure Regulation.
Johan currently works as a Relationship Manager at Bank of China (Europe) S.A. Stockholm Branch, focusing on green finance in the Nordic Region. Prior to that he has worked within fixed income, insurance, High Yield loans and with lending to Mid-sized corporates at the Swedish Export Credit Corporation, a state-owned company that finances Swedish exporters, their subsidiaries, and foreign customers.