Plan A Case Studies Sustainability Strategy and Portfolio Engagement: A Case Study on AlbionVC

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	Sustainability Strategy and Portfolio Engagement: A Case Study on AlbionVC Plan A

Sustainability Strategy and Portfolio Engagement: A Case Study on AlbionVC

Plan A

Applicable Industries	Finance & Insurance
Use Cases	Continuous Emission Monitoring Systems
Challenge	AlbionVC, a venture capitalist firm focusing on early-stage B2B software and healthcare companies, was looking to embed sustainability into its operations to become a truly sustainable firm. The company, which manages over $1B in funds and has over 50+ companies in its portfolio, believes that enduring and category-leading businesses have sustainability principles at their core. However, AlbionVC was facing challenges in calculating and reducing its corporate carbon footprint (CCF) across its operations. The firm was not looking for quick wins or easy choices but instead focused on the long-term, which required a comprehensive and effective solution to start its sustainability journey. Read More
About Customer	AlbionVC is a venture capitalist firm that specializes in early-stage B2B software and healthcare companies. The company manages over $1B in funds and has more than 50 companies in its portfolio. AlbionVC supports visionary founders with long-term capital and scale-up expertise. The firm believes that enduring and category-leading businesses have sustainability principles at their core. AlbionVC is committed to building and scaling over the long term, which is only possible if the underlying company has strong foundations that incorporate the interests of all stakeholders. Read More
Solution	AlbionVC decided to start its sustainability journey with Plan A's carbon accounting software. This software automatically collected and calculated emissions data for AlbionVC's CCF, including scopes 1, 2, and 3. The carbon analysis provided insightful data for its operational emissions, indicating the biggest emissions category. By calculating the CCF in retrospect, AlbionVC could determine a baseline for targeting. This allowed the firm to follow science-based targets to reduce its emissions efficiently across its entire operations. Furthermore, AlbionVC showcased its sustainability journey internally and externally to engage with its employees and portfolio companies. Read More Log in to view content
Contents

Applicable Industries

Finance & Insurance

Use Cases

Continuous Emission Monitoring Systems

Challenge

AlbionVC, a venture capitalist firm focusing on early-stage B2B software and healthcare companies, was looking to embed sustainability into its operations to become a truly sustainable firm. The company, which manages over $1B in funds and has over 50+ companies in its portfolio, believes that enduring and category-leading businesses have sustainability principles at their core. However, AlbionVC was facing challenges in calculating and reducing its corporate carbon footprint (CCF) across its operations. The firm was not looking for quick wins or easy choices but instead focused on the long-term, which required a comprehensive and effective solution to start its sustainability journey.

About Customer

AlbionVC is a venture capitalist firm that specializes in early-stage B2B software and healthcare companies. The company manages over $1B in funds and has more than 50 companies in its portfolio. AlbionVC supports visionary founders with long-term capital and scale-up expertise. The firm believes that enduring and category-leading businesses have sustainability principles at their core. AlbionVC is committed to building and scaling over the long term, which is only possible if the underlying company has strong foundations that incorporate the interests of all stakeholders.

Solution

AlbionVC decided to start its sustainability journey with Plan A's carbon accounting software. This software automatically collected and calculated emissions data for AlbionVC's CCF, including scopes 1, 2, and 3. The carbon analysis provided insightful data for its operational emissions, indicating the biggest emissions category. By calculating the CCF in retrospect, AlbionVC could determine a baseline for targeting. This allowed the firm to follow science-based targets to reduce its emissions efficiently across its entire operations. Furthermore, AlbionVC showcased its sustainability journey internally and externally to engage with its employees and portfolio companies.

Impact #1	The implementation of Plan A's carbon accounting software has brought significant operational benefits to AlbionVC. The firm has been able to accurately calculate its total CCF, identify the biggest emissions category, and establish a baseline for targeting emissions reduction. This has enabled AlbionVC to follow science-based targets to reduce its emissions efficiently across its entire operations. Moreover, showcasing its sustainability journey has allowed AlbionVC to engage more effectively with its employees and portfolio companies, leading to increased awareness and commitment towards sustainability. By walking the sustainability talk, AlbionVC is leading by example and driving effective change within its company and beyond.

Impact #1

The implementation of Plan A's carbon accounting software has brought significant operational benefits to AlbionVC. The firm has been able to accurately calculate its total CCF, identify the biggest emissions category, and establish a baseline for targeting emissions reduction. This has enabled AlbionVC to follow science-based targets to reduce its emissions efficiently across its entire operations. Moreover, showcasing its sustainability journey has allowed AlbionVC to engage more effectively with its employees and portfolio companies, leading to increased awareness and commitment towards sustainability. By walking the sustainability talk, AlbionVC is leading by example and driving effective change within its company and beyond.

Benefit #1	Calculated AlbionVC's total CCF for 2021 and 2022
Benefit #2	Identified the biggest emissions category in AlbionVC's operations
Benefit #3	Established a baseline for targeting emissions reduction

Benefit #1

Calculated AlbionVC's total CCF for 2021 and 2022

Benefit #2

Identified the biggest emissions category in AlbionVC's operations

Benefit #3

Established a baseline for targeting emissions reduction

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Overview

Sustainability Strategy and Portfolio Engagement: A Case Study on AlbionVC

Operational Impact

Quantitative Benefit