VC Sustainability Clause

What if start-ups looking for growth capital could be encouraged to take their environmental impact into account from day one? Together with a group of leading VCs, we have made this happen.

Planting a Green Seed in Every VC-Funded Start-Up

A Commitment From Day 1

Together with our members from the venture capital industry, we have evolved our Green Pledge into what we call  “The Sustainability Clause”. It is now a fixture in every term sheet and shareholder agreement of a group of leading venture capital firms and binds all companies they fund to climate protection.

Nudging Start-Ups Towards more Climate Consciousness

When start-ups adopt a sustainability mindset from the very beginning, this will have a decisive influence on reaching our common goal of fighting climate change.

Martin Weber, Partner at Holtzbrinck Ventures

The sustainability clause will be integrated into both term sheets and shareholder agreements. As a result, companies commit to measuring their CO₂ emissions and to actively work on reducing them . This includes, for example, adjusting their travel guidelines or switching to a green electricity provider. In addition, offsetting emissions through investing an equivalent amount into a climate protection project should be budgeted for from the start.

In December 2019, the first agreements including  the newly-implemented sustainability clause were signed. Raising awareness for  climate protection and CO₂ emissions is essential if future  economic activity is to go hand-in-hand with sustainability.

VC Firms

Leading VC firms who use the clause

Project A
Target Partners
WestTech Ventures
Atlantic Labs
Vito Ventures
Unternehmertum Venture
Rheingau Founders
Tengelmann Ventures
Paua Ventures
Dieter von Holtzbrinck Ventures GmbH
Ananda Ventures
Grazia Equity
Berlin Ventures
Cavalry Ventures
Visionaries Club
Founders Future
Idinvest Partners
Inven Capital

What the media wrote about it