4. June 2021

A story worth sharing: Kavli Trust’s annual report 2020

Love to share. These three small words contain the most important message about what Kavli Trust is and what we do.

Inger Elise Iversen, General Manager of Kavli Trust

Kavli Trust owns The Kavli Group and distributes the entire profit to good causes. This has been our ownership structure since 1962, when Knut Kavli, son of founder Olav Kavli, established and transferred the entire business to Kavli Trust.

We are proud of our founders. The Kavli Group’s history is a unique, exciting chapter in Norwegian industrial history. It is a story about big dreams and ambitions, innovation and international achievements. And not least, a desire to make a difference for others.

Knut Kavli understood what corporate social responsibility involved long before the concept existed. They wanted the values they had created to benefit the whole of society. That is why they established Kavli Trust. We believe this is a story worth sharing. You can read more on page 4-5 in our new annual report.

Read more: Read Kavli Trust’s annual report 2020

We also have a lot to celebrate today. Thanks to everyone who buys Kavli products, the Kavli Trust allocations have increased from NOK 20 million in 2012, to around NOK 100 million every single year since 2018.

In 2020, we revised the Kavli Trust allocation strategy. We are now stepping up the recent years’ focus on child and adolescent mental health. In addition, we will support several projects for responsible consumption and production. On page 13-14 in the report we tell you more about how we work and why we have chosen to prioritise these areas.

GENERAL MANAGER: Inger Elise Iversen, General Manager of Kavli Trust. Photo: Hanne Eide Andersen/The Kavli Trust

Our collaborative partners are aid organisations, volunteers, social entrepreneurs, youth workers, health researchers and many others who make a difference for others. They do important work all year round, also when there is no pandemic. In a time of crisis, they have played an even bigger role. They have done a wonderful job for some of the most vulnerable among us. On page 60 you can read more about which projects we supported last year.

The past year has taught us that the world and our everyday lives can change in a short amount of time. One thing we can say with certainty: As long as The Kavli Group exists, Kavli Trust will continue to distribute its profits to good causes.

We exist for others! And we love to share.