Does the Portfolio Alignment Framework meet EDCI or SFDR Article 8/9 requirements?
The VCA's Portfolio Alignment Framework takes a fundamentally different approach to the above requirements— leveraging the hands-on nature of venture investing to promote material and stage-appropriate climate action across venture-backed firms.
The Portfolio Alignment Framework was not built to satisfy regulatory requirements such as EU’s Sustainable Finance Directive Regulation (SFDR) or the Corporate Sustainability Reporting Directive (CSRD), nor other voluntary reporting initiatives such as the UN Principles for Responsible INvestment (PRI) or ESG Data Convergence Initiative (EDCI).
The climate practices indicated for early stage companies broadly support reporting against voluntary and regulatory frameworks and should therefore be considered complementary.