Sustainability management and ESG reporting platform FuturePlus has agreed a strategic partnership with Sustainable Ventures, Europe’s leading climate tech hub.
Sustainable Ventures helps climate start-ups and entrepreneurs across the UK to scale through investment, workspaces and venture support. It has a portfolio of more than 100 companies in its workspace and more than 500 in its ecosystem. These include RovCo, the subsea robotics and survey solutions provider that recently achieved a valuation of $100 million, Notpla, the Earthshot-winning sustainable packaging firm, and ENSO, the reduced-pollution tyre-maker.
Representing a significant milestone in FuturePlus’ growth trajectory, the new strategic partnership will provide Sustainable Ventures and its portfolio with access to the FuturePlus platform, enabling them to track, measure and improve their sustainability performance.
The platform offers a suite of tools, including FuturePlus’ measurement and management tool, dashboard, sustainability roadmap, automated sustainability reporting, and ongoing expert support from a dedicated team of advisors.
In addition, the FuturePlus team will provide companies in the Sustainable Ventures ecosystem with valuable consultation through ESG support webinars, lunch-and-learn sessions and sustainability clinics designed to help them understand opportunities and regulatory considerations related to sustainability.
To kick-start this journey, Sustainable Ventures will undertake the assessment within its own operations, reinforcing its commitment to lead by example in sustainability and social impact reporting. It will also use the platform to report to its backers, including Barclays Sustainable Impact Capital, on its progress in achieving its sustainability goals.
“We’ve been extremely impressed by Sustainable Ventures’ deep commitment to the improvement of its own sustainability and that of its ecosystem, and it’s a real honour to have been selected to support them in this mission,” said Future Plus Co-Founder and Partner Mike Penrose. “Through this partnership, our aim is to empower businesses within the Sustainable Ventures ecosystem to navigate their sustainability journey with purpose and clarity, emphasising not just current performance but a steadfast commitment to their ambition and the future of their operations.”
Since 2011, Sustainable Ventures has launched over 500 start-ups – ranging from Agri-tech to electric car charging – and has created 5,500+ jobs. 65% of Sustainable Ventures’ investments have gone to start-ups with female or underrepresented co-founders – a figure it plans to continue to grow.
“For over a decade we’ve supported hundreds of innovators to go further and faster on their mission to overcome climate change,” said Sustainable Ventures Co Founder and Managing Partner Andrew Wordsworth. “This partnership with FuturePlus is incredibly important for Sustainable Ventures and the companies in our ecosystem to achieve our mission. By being able to track and understand our sustainability performance and growth, we can further accelerate the transition to a net zero economy.”
