ESG_VC Partners with PortF to Streamline ESG Reporting for Venture Capital Firms
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Key Impact Points:
- Partnership scope: ESG_VC teams up with PortF to enhance ESG reporting for 250+ venture capital firms worldwide.
- Simplified ESG framework: The ESG_VC Measurement Framework provides early-stage companies with a clear path to improve their ESG performance.
- Streamlined data collection: PortF’s platform allows VCs to easily collect, analyze, and report ESG data from portfolio companies.
Scaling ESG Reporting for Venture Capital
Financial technology specialists PortF have announced a new partnership with ESG_VC, an industry initiative supporting startups in measuring and improving their ESG performance. The collaboration will give venture capital firms access to PortF’s tools, streamlining ESG data collection, analysis, and reporting.
“We are thrilled to be working with the team at ESG_VC,” said Alex Lu, CEO at PortF. “As a recognised expert in this space, ESG_VC has brought together some of the world’s leading VC firms with the aim of giving entrepreneurs the tools they need to progress on their ESG journey. By partnering with PortF, ESG_VC is strengthening its commitment to driving early-stage companies forward on their ESG journey.”
A Proven ESG Framework
ESG_VC, supported by over 250 VC firms globally, has developed an ESG measurement framework tailored for venture-backed companies at any stage of growth. From Seed to Growth, the framework helps B2B and B2C startups establish ESG scores and identify key areas for improvement.
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Commenting on the news, Henry Philipson, President and Co-Founder at ESG_VC said
“Reducing time spent collecting and collating data enables investors to focus their efforts on working with portfolio companies to build more sustainable businesses. It is key, therefore, that ESG_VC partners with platforms such as PortF to streamline the data journey for our members and their portfolio companies.”
Driving ESG Progress with PortF
PortF’s fully configurable ESG & impact software will assist ESG_VC members in enhancing data accuracy and improving the quality of ESG reporting, helping venture capital firms and their portfolio companies meet growing stakeholder demands.