Are there any disclosures or actions required by law under the VCA Framework?

No. Member participation in the VCA is voluntary.

While the Portfolio Alignment Framework is a fit-for-venture net zero approach, the VCA commitment and disclosures are designed to be both thesis and methodology neutral— allowing member firms to choose the most appropriate net zero aligned approach for their investment strategy.

It is a foundational principle of how the VCA and its members work together that the choice to adopt any methodology, guidance, or best practice tools prepared by the VCA is always at the ultimate discretion of individual member firms based on their own decision making. The aim of the VCA is to provide information that can be used by VC firms, all of whom will have differing mandates and starting points from which they make their own decisions. VCA materials serve as guidance only. 

Venture firms and portfolio companies are not asked for and do not disclose or exchange strategic or competitively sensitive information. By joining the Venture Climate Alliance, members are making a good-faith commitment to use their best efforts in aligning their portfolios to net zero emissions by 2050 or sooner.