Capital invested in impact

General

Defining impact is tricky. In the impact world there is still a great variety in methods, data and definitions (impact, outcome, output). At first, we defined impact companies as companies or funds that were founded with the intention of making an impact. However, we see that more and more companies that were not initially set up to make an impact, do contribute to the solutions for Key Challenges. For example, we think that a roof membrane that generates energy is impactful, but the entrepreneur himself is not driven by social progress. He is driven by the joy of a new technical invention. If he had made this invention with the intention of reducing carbon, we would consider it impactful, but not otherwise. This is where a dilemma in definition arises.
We increasingly define impact itself as "contributing to solutions for Key Challenges".

For this KPI, we therefore not only include funds that call themselves impact funds, but also companies and funds that achieved a score of 4 or 5 on the impact ladder. We monitor a number of impact metrics for our impact funds, which they report on themselves.

The data we use are from impact reports at the time our Progress Report is produced. This means that the data mentioned are usually from 2020, but sometimes from 2019. We receive many impact reports very late in the year.

Close-up Innovation

Our goal is to invest at least 5% of our assets in innovation. Our score on innovation went from 3.74% in 2019 to 4.75% in 2020. Innovations are defined as companies or funds working on (yet to be developed) technology or ideas. Usually, they are still in the start-up phase and the (underlying) companies still have negative ebitda. In innovations, we often see the seeds of tomorrow's business and solutions. Examples of innovations that we are directly investing in today are: Accyss, Vibers en Aquaporin. Examples of innovations we indirectly invest in are: Mosameat, Zipline, Protix en Northvolt.
We will explain Innovation in more detail in ourĀ  Progress Report 2021.

 

Our Sustainable Progress measured

At VP Capital, we want to contribute to sustainable progress. We screen our entire investment portfolio on the metrics above. Read more about this from June 2021 in our Progress Report via the button below.

Progress Report