Egain Group AB, HQ
Faktorvägen 9
434 37 Kungsbacka
Sweden
At Egain, we value our common environment highly and use our culture of innovation to create a better planet. We use the power of our employees, products and solutions to reduce the impact we and our customers have on the environment. Our goal is high – to stop all unnecessary energy and CO2 emissions in residential buildings and have a positive impact on the communities we operate in.
The reality of climate change has never been clearer, neither has the way forward. Buildings account for 41% of the world’s energy consumption and 36% of greenhouse gases. Egain’s purpose is to put a stop to energy and poor efficiency waste in the world’s buildings.
At Egain we consider the environment to be a key stakeholder and we are committed to harnessing our culture of innovation to create a better planet. We leverage the power of our people, products and solutions to reduce the impact that we and our customers have on the environment.
Buildings account for 41% of the world’s energy consumption and 36% of the CO2 emissions. We are committed to change that!
Our goal is to stop all unnecessary greenhouse gas emissions and all unnecessary energy use in the heating of residential buildings.
Since the first system was installed in 2003, tons of unnecessary CO2 emissions have already been avoided and energy has been used where and when it is most useful. But this is only the beginning. Tomorrow looks even brighter.
Our journey started when entrepreneur and innovator Thorbjörn Geiser discovered how big the deficiencies in the climate control of buildings were. He realized that energy use in residential buildings was much higher than necessary. The available systems only based their data on the outdoor temperature to regulate the indoor climate. They therefore failed to utilize the building’s own ability to store heat and take into account other parameters that also affect the climate inside of a property. In addition, they could not adjust the heating for future weather conditions.
Thorbjörn decided to change that. He started a collaboration with a weather institute and developed technology and cloud-based software that could optimize indoor climate and energy use in a much more efficient way.
Egain was founded in 2003 and has since then energy-optimized over 300,000 apartments in 11 countries around Europe.
We’re working to apply the power of technology and expertise to ensure corporate responsibility, safeguard human rights, and protect our planet. Our policies and practices reflect a commitment to making a positive impact in communities where we operate.
This commitment is also central to why many of our employees come to work every day. Because we know that the more successful we are – the better for the environment, today and in the future.
We believe that being a responsible company means respecting the interests of all our stakeholders. This involves listening, actively responding to concerns, being honest in our expectations and being fair in the reporting of our performance. We are equally committed to our policy of reducing our carbon footprint and promoting sustainability.
Together, we shape the future with intelligent energy optimization of residential buildings – for a better planet today and for the generations of tomorrow.
– CEO Egain Group AB
At Egain, we work every day to help achieve the goals of sustainable development presented by the UN and signed by over 130 countries. Buildings account for 41% of Europe’s energy use and 36% of greenhouse gas emissions. At the same time, urbanization puts even more pressure on cities’ ability to meet people’s needs. We believe that the road to success goes through the smart city and wants to highlight companies and organizations that contribute to the goals. There is no quick answer. Creating a better future is something we must do together. Therefore, we choose to highlight good examples where one has actively chosen to be part of the solution.
We are unreasonably picky about our peers. This sentiment applies to our executive team as well. The Egain management team is comprised of business leaders and industry experts, bringing years of experience to an exciting company working in the cross section between energy efficiency, artificial intelligence and Internet of Things. They cultivate our strong culture and work tirelessly to help our team scale, grow, and succeed.
Chief Executive Officer
Chief Operational Officer
Chief Technology Officer
Chief Marketing Officer
The main owner of Egain is Summa Equity which was founded in 2016 by an experienced group of people that have a long track record of investing in successful companies. The group was brought together by a shared view of the world and the economy, and a passion for developing companies that can outperform by providing products and services needed to meet the increasing demands and complexities our societies face.
Chairman, Summa Equity Industry Advisor
Managing Partner, Summa Equity
Director, Summa Equity
Partner, Cardo Partners
Board Member
Founder Egain
Board Member