Horizon Works LLC - Sustainability - Case Study

Sustainability

Enhancing Sustainability Reporting for Atlas Ventures

Atlas Ventures, a Singapore-based venture capital (VC) firm, manages assets under management (AUM) of US$50 million, with an impressive portfolio of 35 companies across the Asia-Pacific (APAC) region and the USA.

Project overview

Client: Atlas Ventures (Singapore)
Partner: Offsetted (Germany)

The Challenge:

Carbon Accounting: Accurate calculation and monitoring of carbon emissions.
ESG Performance Monitoring: Comprehensive tracking of ESG performance for both the fund and its portfolio companies.

Our Solution

Atlas Ventures partnered with Offsetted to leverage their advanced platform for automated carbon accounting and ESG performance tracking. The solution included:

Offsetted Platform

Implementation of the Platform for sustainability data collection

Carbon Emissions Calculation: Automatic calculation of carbon emissions for the VC fund and its portfolio companies.
ESG Performance Tracking: Continuous monitoring of ESG performance using international frameworks such as the IRIS+ framework and the Greenhouse Gas (GHG) Protocol.

Results

What was achieved?

Increased Efficiency: Carbon accounting and ESG reporting processes were completed 70% quicker than traditional manual approaches.
Cost Savings: The automated approach was up to 5 times less expensive compared to manual methods.
Enhanced Accuracy: Utilizing recognized international frameworks ensured high accuracy and reliability in reporting.

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Conclusion

By integrating Offsetted's platform, Atlas Ventures significantly streamlined its sustainability reporting processes, achieving both time and cost efficiencies. This partnership underscores the value of automation in enhancing ESG performance and carbon accounting for venture capital firms.