The Climate Pledge Fund

Climate Investment is an independent organization founded by members of the Oil and Gas Climate Initiative. OGCI members have invested in our funds, and have deployed many of our portfolio company innovations, supporting their early commercial development. We invest in innovations that deliver capital-efficient decarbonization solutions and drive their market adoption through our partner networks to accelerate scaled impact. Our team looks for opportunities that can deliver strong, quantified GHG-impact and an attractive risk-adjusted return. Operational since 2017, we have focused our efforts on attracting a team of specialists who are leaders in their disciplines, developing robust impact quantification, building a portfolio of outstanding innovations and cultivating our partner networks. We believe that engaged, cross-sector collaboration is necessary to driver accelerated, capital-efficient decarbonization. Quantifying impact Our primary goal is to drive the market adoption of our portfolio companies’ solutions to maximize their impact. Increasing the allocation of capital into climate innovations requires robust and objective metrics for evaluating the potential carbon reduction impact of different investment opportunities. We have developed and operationalized a GHG impact measurement methodology for our firm and funds and have used the methodology to set targets and measure impact delivery. We share our methodology with our portfolio companies and help them operationalize their impact reporting. Planned (future) emissions reduction is key to directing our investment. We co-founded a collaborative initiative, Project Frame, a platform seeking to introduce a common framework for assessing the future GHG impact of investments. Project Frame1 works with approximately 753 participating community members, of which some 257 are investors with over $8.47 trillion in AUM, or $444 billion in venture capital/private equity AUM. The methodology quantifies past (“realized”) and future (“planned”) impact of our investments on GHG emissions, measured in tonnes of carbon dioxide equivalent. Driving innovation & market adoption We invest in three core themes: venture capital and growth equity companies that can demonstrate significant reduction in methane or carbon dioxide emissions (CO₂), carbon capture, recycling and/or storage. Every investment is scrutinized for its ability to generate impact at scale. Climate Investment provides early-stage to growth capital to companies with solutions for energy systems, buildings, transport and industry, including cement, steel, chemicals, power and agriculture. We invest in early to growth-stage opportunities, focusing on accelerating market adoption through deployment to demonstrate and prove our portfolio companies’ innovations, enabling those deployments to develop into commercial contracts. We also provide growth capital to companies at a later stage of development where we can support them through pivotal stages to scale market adoption and impact.

The World Fund is a €350M venture capital fund built around the belief that decarbonisation is the key value driver for the future. We help to decarbonise the global economy. We are a driven, passionate team of go-getters, working together to have a global impact. ‍As a climate tech VC, we are driven by tackling the climate crisis and only invest in technologies with scalable businesses and significant emissions savings potential. We support startups from early to growth stage, focusing on Energy, Food and Agriculture, Manufacturing, Buildings, and Mobility. Entrepreneurs who understand decarbonisation as a value driver are whom we back; those who think big, act macro; those who build tech for a regenerative world.

We have two types of offerings. Colbridge Growth is for firms that are at seed stage or beyond and seek to scale. We act either as consultants for specific growth-focused projects or as interim execs to execute longer-term remits. We focus on all commercial aspects of early stage businesses - including market understanding, licensing strategy, business development, sales growth, marketing mix, financials, and fundraising. If funding is sought we can also make select investor introductions through an extensive international network. We act as a management consultant, business development professional, and investment banker, all rolled into one. This is ideally suited to the needs of young growing technology-based businesses, who are often short of time, staff, and money. Colbridge Studio is a venture studio for very early stage startups that are looking for a commercial partner to help develop their business. We act as a commercial co-founder, providing the mature entrepreneurial and commercial guidance to help founders get the company off the ground. We invest up to $30k ourselves and can help fill out angel or pre-seed funding needs through an extensive investor network. What we believe We believe that we are at a critical juncture in humanity's journey where environmental disaster and massive social upheaval will occur if we don't act quickly. Business and technology can provide some of the answers. We are seeking similarly mission-driven entrepreneurs to partner with. Here are some of the areas that particularly interest us: GHG Emissions Reduction: This is the defining crisis of our time. Projects to help reduce carbon in the atmosphere and to mitigate its effects are desperately needed. This includes arenas such as renewable & alternative baseload power, circular economy, hydrogen, bioplastics, alt foods, and carbon credits. Water: Water systems are being disrupted by the changing climate. We need ways to clean water, utilize seawater, and generate new sources of freshwater. Regenerative Agriculture: Agriculture has the power to restore the land and water systems that support it. We believe this will be an essential tool to clean the earth while feeding the growing population. New Grid: The massive increase in renewable energy required to meet net zero targets will need an overhauled grid. Energy Storage: One of the key roadblocks to greater penetration of renewables is the limited nature of energy storage. We are looking for technologies to improve the cost, effectiveness, and robustness of energy storage. Metals, Minerals & Materials: Significant increases in volume of key metals, minerals and materials will be required for our changing energy mix. We are interested in technologies and business models for increased supply and reuse/recycling plus the development of new better materials.

Vopak's commitment is to store vital products with care, this helps to meet the needs of a growing population. These needs include providing access to affordable, reliable, sustainable and modern energy, and facilitating the introduction of cleaner, low-carbon energy and feedstocks; improving air quality; and contributing to a safe and healthy work environment for our employees and contractors. In line with these ambitions, we have set up Vopak Ventures to identify investment opportunities in start-ups and scale-ups in new technologies and emerging value chains. In this, we focus on three areas: New Energies, Feedstocks & Sustainability: With the New Energies, Feedstocks & Sustainability fund, we focus on funding ventures facilitating new sustainable solutions in areas such as zero emission fuels, green feedstocks, recycling solutions and flow batteries etc. Operational Excellence & Asset Management: With the Operational Excellence & Asset Management fund, we look into funding ventures close to our terminal operations who could work with us in continuously striving to make our activities more efficient, effective and as safe as possible. Platforms, Data & Digitalization: With the Platforms, Data & Digitalization fund, we identify opportunities of funding on ventures that employ data and new digital technologies in efforts to improve our service towards customers, while improving and supporting operations and reducing the environmental footprint. What do we offer?Market Access: Operating globally with over 70 terminals spread across six continents, Vopak offers unique worldwide market access and scaling opportunities. Knowledge and Network: With over 400 years of experience in the storage industry, we have gathered ample knowledge of the industry through changes and new developments. In addition, our global presence and established reputation ensure a broad network of expertise and partnerships. Financial and Strategic Support: As an active partner, Vopak Ventures not only offers financial support to the ventures, but also actively provides strategic guidance befitting the specific venture and its chosen path. Our basic investment principles: Our typical financial investment over the lifetime of a venture varies from €0.5 to €10 million. We typically take minority stakes. We are not only an active partner, but are often also customers and serve on boards. Vopak Ventures is a 100% Vopak entity.

Outsiders Fund is a Seed and Series A venture capital firm that partners with founders disrupting outdated markets where massive value remains trapped in stale software or infrastructure. The dustier and more boring an industry, the more excited we get. The firm has deployed $50m out of its first fund, and is currently deploying capital out of its second fund. Outsiders was founded by Austin McChord and Teddy Seem in early 2020 after leaving General Catalyst to focus on the parts of the world they felt were not getting enough attention. Before that, Austin was the founder of Datto, a data back-up and continuity company he grew from his parents’ basement into a multi-billion dollar public company. Teddy was an investment engineer at Bridgewater Associates and later led the machine learning initiatives at a NYC start-up before attending Harvard Business School and starting Outsiders Fund. Technological Innovation Continues To Accelerate, Yet The Distribution Of This Innovation Is Glaringly Non-Uniform. The day’s hottest, most visible sectors attract talent, media attention, and venture dollars. It’s easy to fall into the trap of thinking that visibility constitutes importance. Patient perspective, however, leads the observer to understand that hidden sectors and technologies exert outsized impact on our day-to-day lives. With That, We Find The Most Interesting Spaces Are Those That Are Overlooked. Overlooked spaces present mismatches between sector-specific technological adoption and the broader state of technological innovation, thereby creating opportunities to unlock massive value from stale infrastructure. Understanding the hidden complexities and the gaps presented from long-standing incumbents in these sectors excite us. We Believe The Best Disruptors To Build In These Sectors Are Those With Outside Perspectives. They rely on grit, curiosity, and unwavering conviction - and aren’t afraid to disrupt the status quo. They bring fresh perspectives, unburdened by the way things have always been done. They bring a cross-pollination of ideas from variegated experiences. At the core, they are the ones willing to put everything on the line to make their vision a reality.

With each investment we consider the lasting impact on future generations. Our primary focus is on supporting growth companies. Building stronger and more sustainable companies in order to accelerate positive change, our mission is making impact mainstream. Vision on impact At SevenGen, we believe that a sustainable world can be achieved through individual choices. Your choices of today conduct the impact for generations to come. As meaningful impact is driven by innovative companies that offer sustainable solutions to a wide audience, we focus our investments on sectors with the highest positive impact on climate. To achieve this synergy, we rely on our extensive experience and network. Our managing partners have consistently delivered both impact and strong financial returns since 2015. Identifying and supporting impactful opportunities, SevenGen builds upon a rigorous investment approach and solid knowledge of the field, to accelerate positive change through growth capital. Vision on investing SevenGen prioritizes companies with strong management, clear risk profiles, solid governance, high impact potential and a commitment to setting the new standard to their industries. Within our field, we target companies with the ability to be price competitive in order to reach a wider audience and make their products mainstream. How we create value in our portfolio? Through strategic planning for growth and strengthening of teams using our ambassador network. We offer disciplined financial management and pursue international opportunities. Our commitment to transparency and accountability ensures we closely monitor and adapt to financial, impact, and operational metrics, driving long-term success for our investments. Team Allow us to introduce our dedicated and dynamic team: Frederik Deutman, Pieter Smit, and Rass Butt, all armed with extensive expertise in driving positive change through climate impact investments. Core to our success are our joint values of ambition and reliability, connecting to whom we work with and for, thinking beyond generations and adding a bit of fun into each endeavor. Join us on our exciting journey towards impactful and profitable investments.