Inven Capital
Future-proofing the portfolio for SFDR requirements
Hana Uhlíková
Financial Manager
Industry
Venture Capital
Product
Sustainable Investment
Region
EMEA
About
Inven Capital
Inven Capital is a Czech-based venture capital fund focusing on climate tech investments, invested by ČEZ, a major European energy utility, and the European Investment Bank. As a venture capital fund they invest EUR 500m from institutional investors and global corporates in the most innovative startups in the world.
Challenge
Before Worldfavor, Inven Capital faced challenges with new and unclear expectations in regard to SFDR regulations. To stay informed, they needed a systemized approach to its ESG management.
Solution
Inven Capital elevates their ESG game with Worldfavor’s Sustainable Investment solution by aligning with SFDR mandates and enabling portfolio companies to calculate their emissions more effectively. They engage with stakeholders to harvest prime data, empowering green evolution.
Result
Worldfavor has simplified ESG management, aligning with SFDR requirements, and empowers Inven Capital with expert insights, ensuring top-notch professionalism in ESG matters and streamlined compliance with evolving regulations.
Challenges
As Inven Capital’s portfolio expands and demands from LPs are growing, the company aimed to find a way to future-proof its ESG efforts. The relatively new and, at times, unclear SFDR regulation has challenged Inven Capital due to its lack of clarity and definitions. Inven Capital was, therefore, in need of a more effective way to align with SFDR requirements and enable portfolio companies to calculate their emissions.
Solution
Inven Capital chose Worldfavor’s Sustainable Investment solution after evaluating 10 different ESG platforms. Some of the key drivers for Inven Capital choosing Worldfavor included aligning with SFDR requirements and enabling portfolio companies to calculate their emissions more effectively. There were four key reasons that stood out from the competition:
The possibility of sharing quality ESG data with LPs, as well as facilitating and supporting portfolio companies’ sustainability journey in the platform.
The Sustainability library offers knowledge about key ESG topics and market developments.
The CO2e calculator is available to portfolio companies as a tool to calculate and report their emission data.
The automated and ready-to-share SFDR reporting.
Result
Worldfavor empowers you with the essential tools to identify the impacts of your supply chain, giving you insights to conduct an informed double materiality assessment. Access key data in line with the ESRS standards to understand risks and opportunities, and take smart action to improve your sustainability, and excel in your CSRD reporting!