climate-related risks, such as the energy consumption of blockchain technologies and cryptocurrencies.
governance concerns and failures, including the use of dual share-class structures and.
social risks, including privacy rights and other human rights risks, bias and discrimination in algorithms, and risks relating to income inequality, for example, in the move to automation.
Unfortunately, with ESG incorporation practices only just starting to develop, this opportunity is often not seized upon, despite many venture-backed companies – and the sectors and technologies they are exposed to – posing risks, such as: Venture capital general partners (GPs) have the opportunity to help establish positive culture, values and behaviours before they become ingrained and difficult to change as those companies scale. How these are managed at an early stage impacts buyers and other investors further up the investment chain. When successful, early-stage companies are sold to strategic corporate buyers that may be publicly listed private equity firms or directly to the public market through initial public offerings (IPOs) and other mechanisms. However, venture capital investments have the potential to be incredibly disruptive to the broader economy and society, carrying significant positive or negative consequences that need to be assessed and/or mitigated.
funding innovation to advance technological solutions that may help solve some of society’s greatest issues.
underwriting the next generation of business leaders and leading companies worldwide.
It plays a critical first role in the investment chain by:
Private retirement systems and sustainability.
UN-convened Net-Zero Asset Owner Alliance.
Environmental, social and governance issues.
Strategy, policy and strategic asset allocation.
Collaborative stewardship initiative on social issues and human rights.
An introduction to responsible investment.
PRI China Conference: Investing for Net-Zero and SDGs.