Assess and strengthen the robustness of a Corporate venture capital (CVC) fund carbon footprint
Geography
US-Europe
Context:
Committed to manage the potential climate risk of its investment, the CVC is also investigating the fund differentiation opportunity through a carbon neutrality ambition. To review the feasibility of such ambition, it wants to articulate a comprehensive CO2 reduction target, aligned with the companies’ business development trajectory to engage the right CO2 reduction plan dynamic.
Solution:
InclusEO drawn up a comprehensive landscape and positioning of the fund within the industry and consolidate the first moves toward a broader climate ambition given the different scales of companies trajectories.
InclusEO’s work was structured around 3 main steps:
1 - A review of current investees’ GHG models:
- A robustness assessment of current companies GHG models; benchmarks of the current assessment against the market standards including improvements / alternatives recommendations
2 - Diagnosis:
- A review of the fund current dashboards and decarbonation project management tools
- A review of planned trajectories and propositions for credible climate commitments
- Recommendations about decarbonation projects supervision and stakeholders’ engagement
3 - A benchmark of comparable fund asset management companies’ practices in terms of CO2 portfolio footprint management:
- A report highlighting a summary of GHG methodologies and principles, review of the main GHG accounting practices
- 3 examples of fund GHG strategies and methodologies
- Current elements of debate within the industry and upcoming regulations
- Recommendation of KPI and next steps
Expected outcomes
- Set up and replicate innovative projects with a triple bottom line (social, environmental, business)
- Capacity building of the CSR teams on the topic of wasted management and inclusive recycling
