AENU

Written By Kelsey Litwin

Impact Strategy Summary

  • Investment type/ asset class: Venture

  • Stage: Multi-stage

  • Geographic Focus: Europe & U.S.

  • Sector: Climate tech and social impact

  • Organization type(s): For-profit, evergreen impact fund

  • Impact assessment capacity: 2 FT and every investor is involved in impact analysis as part of the investment process

  • Assets under management/tied to impact assessment: €100M

  • Strategies to steer towards impact: Impact & ESG clause signed with portfolio companies, Impact value-add (workshops, resources, etc.)

  • Latest impact report: AENU Impact Report 2022

Methodology Summary

  • Does an existing methodology align with yours? If so, which one(s)? Impact Project Management, Emission Reduction Potential (ERP) Framework

  • Time horizon of assessment: 2030 (at fund and company level)

  • Fractionalize shares of impact among interdependent climate technologies: Not yet

  • Fractionalize your share of impact as an investor among many investors: No

  • Metrics tracked: Primary portfolio impact metrics: GHG and wellbeing (annual realized, planned and potential CO2e avoided or removed, number of people whole wellbeing has improved, wellbeing outcome metrics depend on the sector)

  • How realized impact is/will be tracked: Quarterly impact KPI reporting

  • Other assessment or investment-decision making characteristics you're proud of: We use impact investment thresholds, we require LCAs for certain technologies, and we have a rigorous SFDR-compliant ESG assessment

Kelsey Litwin
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