Cambridge Innovation Capital Sustainability Profile
Cambridge Innovation Capital (CIC), headquartered in BM, is a leading venture capital firm focused on advancing technology and life sciences. Founded in 2013, CIC has established itself as a key player in the UK’s innovation ecosystem, primarily operating in the Cambridge region and beyond. The firm invests in early-stage companies, providing not only capital but also strategic support to drive growth in sectors such as biotechnology, artificial intelligence, and advanced materials. CIC’s unique approach combines deep industry expertise with a robust network, enabling portfolio companies to thrive in competitive markets. With a strong track record of successful investments and notable achievements, Cambridge Innovation Capital continues to play a pivotal role in fostering innovation and economic development in the UK.
DitchCarbon Score
How does Cambridge Innovation Capital's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cambridge Innovation Capital's score of 36 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cambridge Innovation Capital's reported carbon emissions
In 2023, Cambridge Innovation Capital (CIC) reported total carbon emissions of approximately 56,220 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 52,170 kg CO2e. Scope 2 emissions were reported at approximately 4,048 kg CO2e. Notably, CIC has set ambitious climate commitments, aiming for net zero emissions by 2030. This plan includes specific objectives and milestones for both Scope 1 and Scope 2 emissions, initiated in 2023. CIC's global emissions data for 2023 indicates a total of approximately 2,372,000 kg CO2e, with Scope 1 emissions at about 370,000 kg CO2e, Scope 2 emissions at approximately 667,000 kg CO2e, and Scope 3 emissions reaching about 1,335,000 kg CO2e. In 2022, the global emissions were reported at approximately 1,780,000 kg CO2e, highlighting a substantial carbon footprint that the organisation is actively working to reduce. CIC's commitment to achieving net zero by 2030 reflects a proactive approach to climate action, aligning with industry standards and expectations for sustainability. The organisation's emissions data is independently reported and not cascaded from any parent company, ensuring transparency in their climate commitments.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 404,000 | 000,000 |
| Scope 2 | - | - |
| Scope 3 | 753,000 | 0,000,000 |
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Cambridge Innovation Capital's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cambridge Innovation Capital has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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