What is the timeframe to meet net zero goals and will members be held to any reporting requirements?

The first reporting period for VCA members is Q2 2025.

The VCA commitment consists of two time based components. First, to the extent practicable member firms must reduce and neutralize their operational (i.e. direct emissions) beginning in 2030. Second, member firms must work to encourage net zero alignment across their portfolio (i.e. financed emissions).

To ensure that member firms are making progress towards these goals, the VCA requires members to submit annual disclosures relating to general firm information, portfolio, and operational alignment. Required disclosures are available for download via the VCA website: https://ventureclimatealliance.org/approach

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