Venture Climate Alliance
About Us
Net Zero from Day Zero
Venture capital investors play an outsized role in shaping and accelerating the pathways to net zero emissions across industries, sectors, and geographies. The Venture Climate Alliance is made up of a growing group of leading VCs committed to achieving a rapid, global transition to net zero or negative greenhouse gas emissions by 2050 or earlier. Members will work to achieve net zero emissions for our operations by 2030 or sooner, and will encourage our portfolio companies to set their own net zero targets. As some of the first partners and advisors to startups we will assist them from the start in aligning with the climate transition, and will report on our progress over time. The VCA exists to support this collective effort.
Why Us
By and for venture capital and the teams we invest in
As the global economy doubles down on decarbonization, all venture-backed companies must not only navigate the transition to net zero, but help to drive it. For both generalist VC firms and those investing in climate solutions exclusively, anticipating and managing climate-related risks and opportunities cannot wait until later. In order for our portfolio companies to enter and thrive in dynamic markets where climate will play a much greater role, venture investors must define and share best practices that prepare our teams to navigate the accelerating climate transition and embody the next generation of category-defining industry leadership.
Commitment
Download a copy of the VCA commitment.
FAQ
Download answers to frequently asked questions.
Our Commitment
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01
Commit
We will achieve net zero or negative emissions for our operations (ex. financed emissions) by 2030 or sooner.
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02
Recruit
We will encourage our portfolio companies to set their own targets to achieve net zero alignment by 2050 or sooner.
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03
Assist
We will provide our portfolio companies with stage-appropriate assistance along their net zero transition pathways.
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04
Track
We will report transparently on our progress toward these goals.
Founding Members
Leading VCs, both climate-focused investors and generalist firms alike, created the VCA because the methodologies, tools, and data needed to track the climate impact of early-stage investments do not yet exist or are inaccessible to most venture firms and their portfolio companies. Black boxes won’t cut it in the race to net zero. Our founding members represent decades of venture and climate tech expertise. As first movers, we are committed to collaborating and sharing our learnings as a roadmap for the industry more broadly.
Members
A growing roster of VC firms is committing to help accelerate the global transition to net zero. In order to advance as an industry in line with global climate goals, impact measurement and climate disclosure for venture investments must evolve. Our members are committed to doing this work.
News
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May 23, 2023Reuters
Venture capital climate pact seeks to help startups aim for net zero
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April 26, 2023Wall Street Journal
The Net-Zero Bandwagon Is Still Growing
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April 26, 2023GreenBiz
VCs come together to tackle net-zero emissions by 2050
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April 25, 2023Bloomberg
Venture Capital Has a New Net-Zero Alliance
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April 25, 2023Reuters
Venture firms unite to guide startups on net zero
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April 25, 2023Axios
Major VCs link arms in new climate push
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April 25, 2023CNBC
VC firms create $60 billion-plus climate tech alliance with backing from the UN
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April 25, 2023PitchBook
23 VC firms, including Tiger Global, commit to a net-zero portfolio by 2050
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April 25, 2023Press Release
Leading Venture Investors Form Global Alliance to Build Net Zero Businesses from Day Zero
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April 25, 2023Strategic Partnerships
The VCA is supported by our strategic partners Project Frame, Great Circle Capital Advisors, and One Design Company
Join Us
Join the VCA!
To join the VCA, please complete our membership form.