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We’re pleased to share our annual ESG & Impact Report 2024, highlighting our continued commitment to integrating ESG considerations into our investment process and supporting our portfolio companies as they scale responsibly.
In 2024, we added three new companies to our portfolio — two in the Impact space and one in the Future of Work — all aligned with our strategy of backing founders solving meaningful problems through DeepTech and Enterprise Software.
Across the portfolio, we’ve seen strong performance on Environmental and Governance metrics. However, Social indicators continue to lag, and we have not made progress toward our long-term goals in this area.
Diversity remains a challenge, particularly at the founder, executive, and board levels. Gender representation across the portfolio is not yet where we want it to be. We’ve set a target of 30% female representation among founders and executives, but we have a way to get there. To address this, we’re taking active steps to bring more diverse teams into our pipeline. We're also working to improve board-level gender diversity by broadening our network of experienced non-male board candidates, partnering with founders to identify suitable profiles, and encouraging inclusive board appointment practices.
Each year brings new insights. In 2024, we made progress, faced challenges, and refined our approach. Our focus remains on investing in exceptional founders while continuously improving how we support diversity and inclusion across our portfolio.
