Molten Ventures plc

Climate Impact & Sustainability Data (2021, FY24)

Total Carbon Emissions:1344.6 tCO2e

Scope 1 Emissions:2.0 tCO2e

Scope 2 Emissions:8.1 tCO2e

Scope 3 Emissions:1334.5 tCO2e

Renewable Energy Share:100% of our Scope 1 and 2 and select Scope 3 emissions for calendar year 2023

Launched inaugural stand-alone Sustainability Report on our website
Delivered tailored climate workshops to portfolio companies with the aim of improving their climate literacy and alignment to the Net Zero transition, in line with the commitments set out in our Climate Strategy
Joined the Steering Group of ESG_VC, became a member of Ventures ESG and continued to report against external standards and frameworks including PRI, CDP, TCFD, Investing in Women Code and SECR

Formally launched the Esprit Foundation (part of the Molten Ventures Group) and awarded its first grants to the Social Mobility Foundation, Included VC and Foundervine
Third consecutive annual employee inflationary pay increases and one-off payments to address the cost-of-living crisis.

Reduced M&A activity since the end of the pandemic has resulted in fewer transactions and correspondingly fewer realisations
Higher-for-longer interest rates, inflationary pressures and the ongoing geopolitical tensions

Equity capital raise of £55 million (net of fees)
All-share acquisition of Forward Partners
Acquisition of a stake in Seedcamp’s Fund III
Maintained discipline around our own investment process and worked closely with our portfolio companies to extend cash runways, control costs, and retain talent

Frameworks Used: PRI, CDP, TCFD, Investing in Women Code, SECR

Third-party Assurance: Accenture (limited assurance)