We developed a societal dashboard, which looks at metrics such as taxes paid, the number of jobs created, absenteeism and accidents and similar societal metrics. In this way, we want to provide insight into the societal areas in which we can improve or even contribute to solutions for societal challenges.
In addition, we have analyzed the number of companies across the portfolio contributing to solutions for societal challenges in our domains. This is also monitored as a percentage of assets.
We also monitor what percentage of our assets goes to underserved communities.
Companies providing solutions for societal challenges
A leading indicator of the positive impact we seek to make as VP Capital is the number of companies that actively contribute to solutions for the identified societal challenges (viewed across the investment portfolio). As part of the screening of our portfolio, this was assessed on a company-by-company basis.
Societal metrics improved
In order to structurally monitor our performance in terms of contributing to solutions for societal challenges, we have developed a dashboard with eight societal indicators.
Capital allocated to underserved communities
We screen our investment portfolio on capital invested in underserved communities. To do this, we developed definitions and created a framework, looking among other things at the definitions used by the B Corp movement. This screening enabled us to identify which portfolio companies contribute to which specific underserved communities and in what way. The analysis made a distinction between healthrelated contributions, such as offering healthcare to groups that have insufficient access to it, and socio-economic contributions, such as offering education, energy or financing to local communities in the developing world.
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 in our Progress Report via the button below.