Public Profile

Foresight Technology VCT Plc

Foresight Technology VCT Plc, a prominent player in the venture capital trust sector, is headquartered in Great Britain. Established in 2006, the company focuses on investing in innovative technology businesses across various stages of development, primarily within the UK and Europe. Foresight Technology VCT Plc is dedicated to supporting companies that are at the forefront of technological advancement, particularly in sectors such as software, digital media, and clean energy. Its unique approach combines financial backing with strategic guidance, enabling portfolio companies to thrive in competitive markets. With a strong track record of successful investments and a commitment to sustainable growth, Foresight Technology VCT Plc has positioned itself as a leader in the venture capital landscape, consistently delivering value to its shareholders and contributing to the evolution of the technology industry.

DitchCarbon Score

How does Foresight Technology VCT Plc'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.

54

Industry Average

Mean score of companies in the Financial Intermediation 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.

26

Industry Benchmark

Foresight Technology VCT Plc's score of 54 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Foresight Technology VCT Plc's reported carbon emissions

In 2023, Foresight Technology VCT Plc reported total carbon emissions of approximately 322,400 kg CO2e. This figure includes 7,100 kg CO2e from Scope 1 emissions, 264,800 kg CO2e from Scope 2 emissions, and 50,500 kg CO2e from Scope 3 emissions. The company has shown a significant reduction in emissions compared to 2022, where total emissions were about 22,307,000 kg CO2e, primarily driven by a decrease in Scope 3 emissions. For 2024, Foresight Technology VCT Plc's total emissions further decreased to approximately 210,800 kg CO2e, with Scope 1 emissions at 13,600 kg CO2e, Scope 2 emissions at 158,300 kg CO2e, and Scope 3 emissions at 38,900 kg CO2e. This trend indicates a commitment to reducing their carbon footprint. Despite these reductions, Foresight Technology VCT Plc has not set specific reduction targets or climate pledges, which may limit their long-term climate strategy. The company continues to disclose emissions across all three scopes, reflecting transparency in their climate impact reporting.

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202220232024
Scope 1
-
0,000
00,000
Scope 2
897,110
000,000
000,000
Scope 3
21,410,000
00,000
00,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Foresight Technology VCT Plc's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Foresight Technology VCT Plc is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Foresight Technology VCT Plc is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

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