Mundi Ventures backs purpose driven founders. At the time of investment, our founders already have a strong ESG vision. At Mundi, we partner and support them to further realize their unique sustainability goals. We believe that incorporating ESG factors is not only the right thing to do but can build a competitive advantage.
Our Mission and Commitment
While many sustainability frameworks exist, tracking and measuring hundreds of metrics dilutes the attention towards real action, equating to little impact. Therefore Mundi Ventures has identified Climate Change and Gender Equality to be the most pressing issues where we can make the biggest contribution to solving.
We support our portfolio companies to offer the transition into a resilient lower carbon economy by supporting companies with carbon measurement. We work with startups to increase gender diversity in the senior management in case the founding team lacks such diversity at the time of the investment.
Mundi Ventures firmly believes that great companies can come from anywhere and doing good is not only a responsibility of being a venture capitalist but can result in higher financial return of our investments. In fact, startups are looking at ESG to attract new customers. There have been robust evidence that suggest ESG outperformers also outperform financially over a long-term period.
Since 2021, Mundi Ventures has been a signatory of UN Principle of Responsible Investment and committed to be an ethical player with an intention to make positive societal impact in the financial market.
Our Definition of ESG and Impact
To achieve our vision, we established an ESG investment policy that is used throughout the investment lifecycle. There are different ways to integrate ESG factors into the investment. Mundi Ventures uses an ESG framework to evaluate both risks and opportunities. This assessment then allows us to work with the founders on mitigating the risks and identifying areas of value creation.
Mundi Ventures uses ESG factors to evaluate ESG negative risks and positive opportunities to properly value and manage such risks. In addition, we seek to find purpose-driven founders who can create a positive “impact” in society.
Mundi Ventures defines ESG and Impact as the following:
Environmental factors: Business operations that can negatively or positively affect Climate change, Resource depletion, Water, food and electronics waste, Water and Soil Pollution, Deforestation, Biodiversity loss in terrestrial and aquatic ecosystems
Social factors: The treatment of employees including their pay; health and safety; labor conditions; human rights; gender, socioeconomic and racial diversity, and inclusion. The management of the supply chain and the treatment of all stakeholders including customers and communities
Governance factors: Institutional frameworks for anti-bribery and corruption, cyber security and data privacy, board diversity and structure, and code of ethics and compliance.
Impact: Positive impact from business operations towards United Nations 17 Sustainable Development Goals.
The ESG and impact factors listed above are not exhaustive and Mundi Venture will continue to re-visit, refine and add to the list.