A various array of sustainability centered personal fairness (PE) companies are proliferating all over the world. Many of those personal funding funds are enterprise capitalist with startup and early stage funding methods. These companies might be differentiated by Sustainable Improvement Targets (SDGs).
This alphabetized record of PEs consists of companies that target a number of of the next SDGs: Local weather motion, clear vitality, sustainable cities and communities, high quality schooling, innovation and infrastructure, life under water, and life on land. The record of main affect funding centered PE companies is introduced in response to the SDG targets they’re related to, nevertheless, all of those companies have a set of pursuits that stretch past the class of their major concern.
A listing of PE companies specializing in different SDGs (no poverty, lowered inequalities, gender equality, zero starvation, good work, good well being and effectively being) is included on the finish of this report together with a brief record of different non-PE, SDG centered funding companies.
Whereas most of those companies are situated in america, there are some severe gamers in Africa and Europe leads when it comes to PE help for requirements of accountable and sustainable investments. For instance, final yr KKR‘s Euro World Social Affect Fund raised $1.3 billion to put money into firms that present options to environmental or social challenges.
Reasonably priced Clear Vitality
Clear Vitality Ventures is headquartered in Boston, Massachusetts, USA and has $100 – 499 million of belongings underneath administration. Clear Vitality Ventures is concentrated on inexpensive clear vitality, cleantech, local weather change, water, and sanitation. With the purpose of “mitigation of local weather change by vitality innovation,” Clear Vitality Ventures are funding ~25 disruptive startups which every have the potential to scale back GHGs by no less than 2.5 gigatons by 2050. The agency is differentiated by its clear vitality experience, variety, fairness, and inclusion.
CrossBoundary LLC is headquartered in Nairobi, Kenya and has $50 – 99 million of belongings underneath administration. CrossBoundary focuses on clear vitality, cleantech, local weather change and schooling. Its important infrastructure asset courses in Africa are designed to supply traders compelling monetary, environmental, and social returns. CrossBoundary has created new asset courses for affect traders by main the best way with financing for business photo voltaic PV installations in Sub-Saharan Africa and rural photo voltaic mini-grid installations.
DBL Companions is headquartered in San Francisco, California, USA and has $500 – 999 million of belongings underneath administration. DBL give attention to clear vitality, cleantech, local weather change, pure assets, conservation, and sustainable agriculture. DBL’s double backside line technique is designed to create a aggressive benefit that affords social, environmental and financial advantages.
Encourage Capital, LLC is headquartered in New York, New York, USA and has $100 – 499 million of belongings underneath administration. Encourage Capital focuses on clear vitality, cleantech, different vitality, local weather change, sustainable agriculture and small/medium enterprise improvement. Encourage is a research-driven asset administration and advisory agency that’s tackling a number of the most important environmental and social issues. The agency’s enterprise mannequin is premised on the event and deployment of options methods that tackle social and environmental points. Encourage is differentiated by an outcomes centered device agnostic method.
Issue[e] Ventures PBC is headquartered in Fort Collins, Colorado, USA and has lower than $25 million of belongings underneath administration. Issue[e] focuses on clear vitality, cleantech, local weather change, sustainable agriculture, water and waste. The agency helps human well being with cross-industry technical innovation in de-carbonization and leapfrog sustainable improvement. Issue[e] supplies systematized help with its post-investment Interact Platform.
Galway Sustainable Capital is headquartered in Washington DC, USA and has has $100 – 499 million of belongings underneath administration. Galway focuses on clear vitality and local weather change with investments in distributed renewable energy, carbon discount and sequestration, waste to product, effectivity, inexperienced constructing, and sustainable agriculture. Galway invests in firms, initiatives and belongings that promote environmental and social resilience by native options that construct useful resource environment friendly platforms.
North Sky Capital, LLC is headquartered in Minneapolis, Minnesota USA and has $1 billion or extra of belongings underneath administration. North Sky focuses on clear vitality, cleantech, local weather change, vitamin, well being, wellness, water and sanitation. North Sky is a pioneering agency with greater than 20 years of expertise and a repute as one of many largest affect personal market platforms in North America . North Star’s diversified investments in clear vitality technology, vitality storage, transportation, water, waste, sustainable agriculture, wholesome residing and getting old are aligned with the SDGs. The agency is differentiated by the lengthy expertise and deep sector data. North Sky is an unbiased supervisor (100% worker managed) with no affiliations to an funding financial institution, business financial institution or wealth administration platform.
Sunwealth Energy LLC is headquartered in Cambridge, Massachusetts, USA and has $25 – 49 million of belongings underneath administration. Sunwealth is concentrated on clear vitality, cleantech, different vitality, local weather change, SME improvement, variety, fairness, and inclusion. Sunwealth’s mission is to make renewable vitality accessible, inexpensive and inclusive. Sunwealth advantages native communities by bringing vitality initiatives to “photo voltaic deserts” together with low-income communities and communities of shade (homes of worship, faculties, nonprofit organizations, companies, municipalities and low-income households). This can be a agency that sees the battle in opposition to local weather change as intersectional with the battle in opposition to systemic inequality. Sunwealth employs a rigorous underwriting course of that focuses on understanding underlying worth.
Triodos Funding Administration (subsidiary of Triodos Financial institution) is headquartered in Zeist, the Netherlands and has greater than $5 billion in belongings underneath administration. Triodos is concentrated on clear vitality, sustainable meals and agricutlure, well being care and schooling. Triodos is likely one of the founding members of the World Affect Investing Community and has greater than 25 years of expertise.
Very important Capital Fund is headquartered in Zurich, Switzerland and has $100 – 499 million of belongings underneath administration. Very important focuses on inexpensive clear vitality, infrastructure, well being care and schooling. Very important principally operates in sub-Saharan Africa, working with companies and initiatives designed to boost high quality of life.
3×5 Companions is headquartered in Portland, Oregon and has $500 – 999M price of belongings underneath administration. 3×5’s focus is on inexpensive & clear vitality, cleantech, different vitality, local weather change, water and sanitation. 3×5 invests in revolutionary early-stage breakthrough firms within the healthcare (biotechnology, diagnostics, and medical units) and local weather sectors (assets and renewable vitality, sustainable infrastructure, water, vitality, meals & agriculture, and waste). The agency makes use of what is named the The three×5 Approach and a twin funding technique that acknowledges the intersectionality of individuals’s well being and planetary well being.
Trade, Innovation and Infrastructure
Elevar Fairness Administration Ltd is headquartered in Seattle, Washington, USA and has $100 – 499 million of belongings underneath administration. Elevar focuses on industrial, innovation, infrastructure, sustainable agriculture, small/medium enterprise improvement, microfinance, low-income monetary companies and micro-insurance. A few of its portfolio firms function in India and throughout Latin America. The agency is differentiated by the Elevar Methodology, (e.M), and its greater than 15 yr strategic give attention to underserved and low-income communities.
Pangaea Ventures Ltd. is headquartered in Vancouver, Canada and has $100 – 499 million of belongings underneath administration. Pangea is concentrated on industrial, innovation and infrastructure, cleantech, different vitality, local weather change, sustainable agriculture, and international well being. Pangaea Ventures invests in onerous tech firms leveraging supplies science, chemistry, biology, and physics to develop breakthrough options that tackle local weather change, meals and water safety, poor well being outcomes, the excessive prices of healthcare, antiquated infrastructure, damaged provide chains, and dangerous environments. Pangaea Ventures’ 20 years of expertise have made them a world chief in Superior Supplies Enterprise Capital. Pangea’s aggressive benefit is derived from the strategic relationships it has with a number of the world’s largest industrial, materials, and chemical firms.
Sustainable Cities & Communities
Metropolis Gentle Capital is headquartered in New York, New York, USA and has $100 – 499 million of belongings underneath administration. Metropolis Gentle are centered on sustainable cities and communities, cleantech, different vitality, local weather change, vitamin, well being, and wellness. Metropolis Gentle invests in firms which have a demonstrably constructive social or environmental affect that contribute to “higher lives” significantly within the areas of schooling, security, care, and the atmosphere.
Neighborhood Reinvestment Fund (CRF), is headquartered in Minneapolis, Minnesota, USA and has has $100 – 499 million of belongings underneath administration. CRF focuses on sustainable communities, good well being, and schooling offering funding help for group housing initiatives, well being care facilities, constitution faculties, daycare facilities, and small companies. As a nationwide non-profit licensed group improvement monetary establishment, its mission is to empower folks to enhance their lives and their communities by partnering with native personal lenders to supply financing capital for group improvement initiatives.
Acutely aware Enterprise Companions, LLC is headquartered in Baltimore, Maryland, USA and has lower than $25 million of belongings underneath administration. Acutely aware Enterprise focuses on sustainable cities, communities, media, expertise, variety, fairness and inclusion. Acutely aware Enterprise, leverages entrepreneurship as a device for financial inclusion and reworking capitalism by selling a brand new concept of enterprise. Acutely aware Enterprise Companions seeks to make use of its affect investing experience to remodel capitalism right into a power for good by investing in underrepresented communities (ladies, African Individuals and Latinos).
Ecosystem Integrity Fund is headquartered San Francisco, California, USA and has $100 – 499 million of belongings underneath administration. EIF focuses on sustainable cities and communities, cleantech, different vitality, local weather change, pure assets, conservation, water and sanitation. EIF is concerned with renewable vitality, vitality effectivity, waste discount, inexperienced chemistry, energy grid administration, transportation, agriculture, water, and pure meals. EIF is differentiated by its use of a systems-based method to sustainability funding in help of an incremental fairly than disruptive method.
Reinvestment Fund, is headquartered in Philadelphia, Pennsylvania, USA and has greater than $1 billion of belongings underneath administration. The fund focuses on sustainability cities & communities, high quality schooling, good well being, and first rate work.
Turner Affect Capital, L.P. is headquartered in Los Angeles, California, USA and has $1 billion or extra of belongings underneath administration. They’re centered on sustainable cities & communities, vitamin, well being, wellness, inexpensive housing, group improvement, and schooling. Turner Affect Capital (TIC) is a RE funding administration agency and one of many nation’s largest social affect companies devoted to RE/infrastructure options addressing social points. TIC invests in provide/demand mismatches in group infrastructure, high-performing constitution faculties, profession/technical schooling suppliers, multifamily housing and medical take care of underserved communities. They’re differentiated by the give attention to interdependent points like healthcare, inexpensive housing and schooling.
Accountable Consumption and Manufacturing
Arborview Capital is headquartered in Chevy Chase, Maryland, USA and has $100 – 499 million of belongings underneath administration. Arborview is concentrated on accountable consumption and manufacturing with investments in cleantech, different vitality, and local weather change. The agency can be supportive of pure assets, conservation, and sustainable agriculture. Arborview is an energetic participant within the affect investing ecosystem, as demonstrated by its founding of Affect Capital Managers, and their position as an advisor with Wharton Social Affect Initiative. Arborview can be a mentor for native accelerators, and a speaker on affect profession improvement panels.
WakeUp Capital is headquartered in Dublin, Eire and has lower than $25 million of belongings underneath administration. WakeUp is concentrated on accountable consumption & manufacturing, cleantech, different vitality, local weather change, vitamin, well being, wellness, sustainable agriculture, and SME enterprise improvement. WakeUp helps high-risk, high-reward affect firms in Europe backing visionary founders who’re reinventing how we reside, eat, work and study. WakeUp scout for tech-enabled options to advertise sustainable manufacturing and consumption, foster well being fairness and facilitate inclusivity and accessibility. The agency makes use of revolutionary expertise to evolve present practices and fight social and environmental challenges arising as a consequence of local weather change, biodiversity loss, unsustainable meals system, plastic consumption, meals insecurity, mass inequality, and insufficient healthcare methods. WakeUp employs a proprietary affect method (WakeUp Rating).
Local weather Motion
Alante Capital Administration is headquartered in Santa Barbara, California, USA, and has lower than $25 million of complete belongings underneath administration. Alante invests in local weather motion within the type of cleantech, inexperienced chemistries, materials improvements, AI, SaaS, and different vitality. Alante additionally invests in variety, fairness, and inclusion. The agency connects and scales rising applied sciences that enhance sustainability within the attire and textile {industry}. Alante takes a systems-change method to transformative applied sciences with the purpose of bettering manufacturing practices (recovering and recycling attire waste), in addition to supporting aware consumption.
Ambienta is headquartered in Milan, Italy and has greater than $1 billion of belongings underneath administration. Ambienta is concentrated on local weather change and the total vary of SDGs together with key drivers of environmental sustainability (effectivity and air pollution management). Ambienta defines environmental affect past the slender focus of greenhouse fuel emissions or local weather change, which have characterised environmental funding for a decade. At Ambienta environmental sustainability encompasses the whole spectrum of pure assets and all kinds of air pollution affecting water, air, soil and human well being. This holistic method to a theme fairly than a sector, targets funding alternatives with a constructive environmental affect throughout nearly all sectors of human exercise.
Alpha Affect Funding Administration (AiiM) LLC is headquartered within the San Francisco Bay Space/Silicon Valley, USA, and has between $50 – 99 million of belongings underneath administration. AiiM focuses on local weather motion (cleantech and different vitality) ocean well being, and the overlapping intersections of land, air, and vitality. AiiM additionally helps variety, fairness, and inclusion by investing in firms led by ladies and other people of shade.
Higher Ventures is headquartered in Oakland, California, USA and has $50 – 99 million of belongings underneath administration. Higher Ventures is concentrated on local weather motion, cleantech, different vitality, and international well being. Higher Ventures leverages breakthrough improvements in science and expertise to construct a extra sustainable and equitable financial system. By investing in software program, information science, and life sciences startups that innovate in ways in which serve the Sustainable Improvement Targets (SDGs). Higher Ventures reduces emissions by re-tooling the meals {industry} and investing in the way forward for meals, bio-manufacturing, closed-loop manufacturing & consumption, clear vitality & electrical mobility, and data-driven well being.
Deetken Affect is headquartered in Vancouver, Canada (with a subsidiary in Lima Peru) and has $50 – 99 million of belongings underneath administration, Deetken focuses on local weather motion, sustainable vitality, and cleantech. The agency invests in small and mid-sized sustainable vitality and vitality effectivity initiatives in Central America and the Caribbean. Deetken is differentiated by its degree of dedication and focus.
Earthshot Ventures, LLC is headquartered in San Francisco, California, USA and has lower than $25 million of belongings underneath administration. Earthshot give attention to local weather motion, cleantech, different vitality, variety, fairness and inclusion. Earthshot’s “4 funding pillars” are Vitality (making a 100% clear vitality future), mobility (making oil out of date), meals & agriculture (making meals methods carbon unfavorable), {industry} (remodeling waste into worth). Earthshot can be differentiated by its Elemental Excelerator, a number one local weather tech accelerator.
FullCycle Local weather Companions, LP is headquartered in Los Angeles, California and has $50 – 99 million of belongings underneath administration. FullCycle focuses on local weather motion, cleantech, different vitality, pure assets, conservation and sustainable agriculture. FullCycle are accelerating the implementation of systemic options to the local weather disaster, charting the quickest path to internet zero emissions by investing in sectors with probably the most potent emissions crucial infrastructure, together with vitality, waste, agriculture, trend and manufacturing. FullCycle’s acceleration ecosystem seeks to realize larger affect with a proprietary methodology (Carbon Return on Funding or CROI-20). This can be a methodology that prioritizes applied sciences that mitigate the most important quantity of CO2 (gigaton-scale abatement).
Mirova is headquartered in Paris, France and has $500 – 999 million of belongings underneath administration. Mirova focuses on local weather motion, cleantech, different vitality, pure assets, conservation, restoration, sustainable agriculture and sustainable livelihoods for native communities. Mirova creates and manages funding options for institutional and retail traders. The agency targets international investments on the nexus between sustainable manufacturing and biodiversity conservation (each terrestrial and marine ecosystems). Mirova’s Pure Capital Platform values financial efficiency alongside social and environmental affect.
Okavango Capital Companions is headquartered in Port Louis, Mauritius and has lower than $25 million of belongings underneath administration. Okavango are centered on local weather motion, cleantech, different vitality, pure assets, conservation, sustainable agriculture, meals safety, job creation and bettering lives in Africa. Okavango invests in firms which have constructive affect in local weather mitigation and adaptation, nature conservation and rural livelihoods. It focuses on land (sustainable agriculture, forest merchandise, forest/grassland carbon, ecotourism) and conservation (climate-tech: which incorporates agro-technology, water-tech, conservation-tech; and different supporting companies). Okavango sees firms by a singular conservation lens and makes use of its conservation experience to assist obtain focused environmental and business targets.
Prime Affect Fund (PTF) is headquartered in Cambridge, Massachusetts USA and has $50 – 99 million of belongings underneath administration. Prime is concentrated on local weather motion, cleantech, different vitality, water, sanitation, and sustainable agriculture. PIF invests in early stage transformative expertise firms with the potential for gigaton-scale discount of greenhouse fuel emissions. Prime’s major purpose is to handle the crucial financing hole in early-stage local weather innovation. Investments on this space space tackle a spot in help for breakthrough expertise firms that target new options which can be each sustainable and scalable. Prime’s 15-year fund life prioritizes local weather affect above all else.
Volery Capital Companions is headquartered in Greenwich Connecticut and has $50 – 99 million of belongings underneath administration. Volery is concentrated on local weather motion, cleantech, different vitality, local weather change, sustainable agriculture, microfinance, and micro-insurance. Volery supplies monetary companies and value-added help that advantages folks and the planet. The agency targets asset administration and different monetary companies firms which can be scaling local weather options. Volery supplies strategic enterprise planning, institutionalization, capital formation and affect measurement and administration finest practices.
PE Corporations Specializing in different SDGs
No Poverty
Zero Starvation
Good Well being and Nicely Being
Gender Inequality
Clear Water and Sanitation
First rate Work
Decreased Inequality
Life Under Water
Peace, Justice & Sturdy Establishments
Non-PE Affect Funding Corporations
Here’s a quick abstract of some noteworthy SDG centered funding companies in asset courses aside from personal fairness (personal debt, absolute return/notes, actual property, and commodities). Ecofin Advisors, LLC makes socially aware investments in cleantech, different vitality and local weather motion. Ecotrust Forest Administration, Inc. builds out pure local weather options to fight local weather change, New Forests Pty Restricted focuses on pure assets and conservation and Social Funding Managers and Advisors, LLC and Sunfunder Inc., give attention to inexpensive clear vitality.
* ESG due diligence from a authorized perspective usually features a evaluation of a goal’s compliance with enterprise ethics, bribery and corruption legal guidelines, compliance with human rights laws and worldwide treaties, compliance in respect of occupational well being and security, provide chain and waste administration legal guidelines, and inspection of environmental practices for alignment with environmental licenses, permits and laws (Personal Fairness and the Rise of ESG Issues).
** 17 SDGs: No Poverty, Zero Starvation, Good Well being and Nicely-being. High quality Training. Gender Equality. Clear Water and Sanitation, Reasonably priced and Clear Vitality, First rate Work and Financial Progress, Trade, Innovation and Infrastructure, Decreased Inequality, Sustainable Cities and Communities, Accountable Consumption and Manufacturing, Local weather Motion. Life Under Water, Life on Land, Peace and Justice, Sturdy Establishments, and Partnerships to realize the Purpose.
Unique writer: Richard Matthews is a marketing consultant, eco-entrepreneur, sustainable investor, and author. He writes The Inexperienced Market Oracle, among the many Net’s most complete assets on the enterprise of the atmosphere. He’s additionally the writer of quite a few articles on sustainable positioning, inexperienced investing, enviro-politics, and eco-economics.
