What is the VCA?
The Venture Climate Alliance was created by a group of leading venture capital firms committed to achieving a rapid, global transition to net zero or negative carbon dioxide (CO2) emissions by 2050 or earlier, consistent with the scientific consensus on climate change.
Alliance members include generalist and climate-focused venture firms that pledge to reduce both direct (by 2030 or earlier) and financed emissions (by 2050 or earlier).
The core focus of the Venture Climate Alliance is to establish how to facilitate net zero aligned growth across a portfolio of early-stage investments—many of which represent tomorrow’s market leaders. The VCA provides a community of practice through which leading venture firms can align on common best practice for collecting, interpreting, and reporting carbon footprint and climate impact data at a level that is appropriate for the earliest stages of business. A core part of this work will include developing tools and guidance that help to overcome barriers to aligning early-stage investments with net zero goals.