Growthfund
Growthfund, officially known as Growthfund S.A., is a prominent player in the investment and financial services industry, headquartered in Greece (GR). Established in 2015, the company has rapidly expanded its operations across Europe, focusing on innovative funding solutions for startups and small to medium-sized enterprises (SMEs). Specialising in venture capital and private equity, Growthfund distinguishes itself through its tailored investment strategies and commitment to fostering sustainable growth. The firm has achieved significant milestones, including successful funding rounds for numerous high-potential companies, solidifying its reputation as a trusted partner in the entrepreneurial ecosystem. With a strong market position, Growthfund continues to drive economic development by empowering businesses with the capital and expertise they need to thrive in a competitive landscape.
DitchCarbon Score
How does Growthfund'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
Growthfund's score of 24 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Growthfund's reported carbon emissions
In 2022, Growthfund reported significant carbon emissions, totalling approximately 2,351,250,000 kg CO2e. This figure includes 31,300 kg CO2e from Scope 1 emissions, 27,500 kg CO2e from Scope 2 emissions, and a substantial 2,351,250,000 kg CO2e from Scope 3 emissions, which primarily stem from investments. The company also disclosed emissions from business travel (34,040 kg CO2e), employee commute (17,000 kg CO2e), and purchased goods and services (497,000 kg CO2e). In 2021, Growthfund's emissions were considerably lower, with 7,400 kg CO2e from Scope 1 and 45,224 kg CO2e from Scope 2, indicating a shift in their operational impact over the years. The GHG intensity for Scope 1 and 2 emissions was reported at 1,050 kg CO2e per employee in 2021 and increased to 1,470 kg CO2e per employee in 2022. Despite these figures, Growthfund has not set specific reduction targets or climate pledges, which may limit their accountability in addressing climate change. The absence of defined reduction initiatives suggests a need for enhanced commitment to sustainability practices. Overall, while Growthfund has made strides in emissions reporting, further action is necessary to align with industry standards for climate commitments.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 7,400 | 00,000 |
| Scope 2 | 45,224 | 00,000 |
| Scope 3 | - | 0,000,000,000 |
Industry emissions intensity
Location emissions 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.
Growthfund 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.
