ESG_VC partners with PortF to scale up ESG reporting in venture

LONDON - Oct. 23, 2024 - PRLog -- Financial technology specialists PortF announced today that they are partnering with ESG_VC, the industry initiative helping start-ups to measure and improve their ESG performance. The partnership will enable ESG_VC's growing community of venture capital firms to streamline data collection, analysis, and reporting through access to the PortF platform.

ESG_VC is backed by more than 250 venture capital firms across the UK, Europe, North America, Australia, and New Zealand. Led by a steering group of funds and industry bodies, it has developed a venture-ready ESG measurement framework that is already used by hundreds of portfolio companies across the world.

Designed to provide an entry to ESG scoring, the ESG_VC Measurement Framework can be easily implemented from Seed to Growth stage, across companies spanning B2B and B2C sectors, resulting in a tangible ESG score and a list of key areas to address to improve ESG performance.

As a platform partner, PortF will enable venture capital firms to access the ESG_VC Measurement Framework, using its tools and analytics to enhance the process of collection data from portfolio companies, analysing performance, and producing reporting on ESG.

"We are thrilled to be working with the team at ESG_VC," said Alex Lu, CEO at PortF. "As a recognised expert in this space, ESG_VC has brought together some of the world's leading VC firms with the aim of giving entrepreneurs the tools they need to progress on their ESG journey. By partnering with PortF, ESG_VC is strengthening its commitment to driving early-stage companies forward on their ESG journey."

Commenting on the news, Henry Philipson, President and Co-Founder at ESG_VC said "Reducing time spent collecting and collating data enables investors to focus their efforts on working with portfolio companies to build more sustainable businesses. It is key, therefore, that ESG_VC partners with platforms such as PortF to streamline the data journey for our members and their portfolio companies."

Designed by industry experts, PortF offers fully configurable ESG & impact software for investors and their portfolio companies. To find out more about how our platform can streamline data collection, improve reporting quality, and meet ever-evolving stakeholder demands, contact our team to request a demo or test-drive.

For more information, visit https://www.portf.io/ and https://www.esgvc.co.uk/