Diario actualizado de economía y finanzas - International Journal of Economics & Finance    22 de enero de 2020

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German Venture Capital Firms Introduce Sustainability Clause

  • Startups get a lot of attention because of their innovative power and are perceived as beacons. We want to use this radiance together for sustainability in business

Germany's and Europe’s leading venture capital firms commit themselves and their portfolio companies to sustainability and make a significant contribution to climate protection. This measure should act as an example for other start-up ecosystems and industries. More than 20 leading venture capital firms have joined forces to develop a sustainability clause, which will commit all newly financed companies to take part in more climate protection initiatives going forward. The partners include European VC heavyweights like Picus Capital, Project A, Northzone, Holtzbrinck Ventures, Global Founders Capital and Cherry Ventures.