Case Study: 2050 improves portfolio emissions tracking with Sweep

2050 calculates the emissions of its investment portfolio with Sweep

2050, an impact-driven venture capital firm, faced the challenge of measuring and reducing the significant emissions from its investment portfolio, which constituted over 90% of its carbon footprint. The primary difficulty was obtaining complete and consistent data from all of its investee companies, a common problem for financial organizations tackling their Scope 3 emissions. To address this, they turned to the carbon management software from the vendor Sweep.

Using Sweep’s platform, 2050 was able to get an accurate and granular picture of its portfolio emissions, moving away from rough estimates. The solution automated data collection across its investee companies, saving time and resources. It also provided a free tool for portfolio companies to measure and track their own emissions, which helped 2050 comply with regulations like the SFDR and accelerate the sustainable transformation of its investments.

2050

Marie Ekeland

Founder