On this episode, we meet up with Peter Hirsch, Head of Sustainability at 2150 a London-based enterprise capital agency investing in expertise firms that search to sustainably reimagine and reshape cities and the industries that energy them.
2150’s mission to deploy ‘Constructive Capital’ is pushed by the idea that sustainability delivers each superior returns and significant impression. To realize this, they combine impression issues all through their enterprise, from funding analysis and founder assist to investor engagement and day by day operations. Their 2150 Influence Framework helps assess the sustainability of their investments and information decision-making, whereas their annual Influence Report catalogues and benchmarks the fund’s and its portfolio firms’ contributions to addressing crucial sustainability challenges.
Peter explores the implementation of a carbon tax, the stability between reaching quick impression and fostering long-term improvements, in addition to the challenges and alternatives inside city environments. He highlights the significance of resilience in addressing local weather change, the crucial position of cities in driving sustainable innovation, and the necessity to keep away from greenwashing. Moreover, he discusses the importance of measuring Scope 3 emissions and way more.
Video model of episode 91:
Audio model of episode 91:
Key takeaways:
- The EU should foster sustainable innovation to stay aggressive.
- Since 2022, 2150 has been one of many first enterprise capital funds to self-impose a carbon tax of €100 per tonne throughout Scopes 1-3, not like most VCs who closely low cost Scope 3 emissions.
- 2150’s distinctive funding method strikes a stability between decarbonizing right this moment’s cussed, soiled industries and creating tomorrow’s moonshot applied sciences.
- 2150 estimates the projected impression of their portfolio yearly, extending as much as ten years forward.
- From 14 complete investments, 2150 reduces or removes 481,500 tonnes of carbon per yr, with a projected complete of 38.9 million tonnes by 2030.
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