Planet A GmbH
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:70 tons CO2e
Scope 1 Emissions:0.7 tons CO2e
Scope 2 Emissions:25 tons CO2e
Scope 3 Emissions:45 tons CO2e
Renewable Energy Share:58% (Scope 2 electricity)
ESG Focus Areas
- Climate Change
- Biodiversity
- Resource Saving
- Waste Reduction
Environmental Achievements
- GHG reduced or removed: 201,101 tons
- Energy saved: 13,356,909 MJ
- Water saved: 29,931 m3
- Waste reduced: 2,419 ha
Social Achievements
- 44% of portfolio companies have female founders
- 36% of Planet A's workforce are women
- New jobs created at portfolio companies: 610
Governance Achievements
- 50% of carried interest tied to achieving impact objectives
- Partnership with APIDAY to provide ESG data room for founders
- Implementation of sustainability clauses based on Leaders for Climate Action
Climate Goals & Targets
Environmental Challenges
- Economic headwinds and market uncertainties
- Six of nine planetary boundaries surpassed
- Extreme weather events impacting human well-being
- Need for larger amounts of innovation capital
- ESG reporting challenges for early-stage companies
- Low ESG pledge adoption in seed term sheets
Mitigation Strategies
- Investing in carbon removal credits
- Setting an internal carbon fee and donating to Milkywire Climate Transformation Fund
- Developing a science-based approach to investment decisions
- Partnership with APIDAY for ESG data room and support
- Implementing sustainability clauses in investments
- Developing an applicable biodiversity framework for VCs
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Melting permafrost
- Coastal flooding
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Energy transition
- Development of energy-efficient products