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Public Profile
Funds, trusts, and financial vehicles
NO
updated 8 days ago

Northzone Ventures

Company website

Northzone Ventures, often referred to simply as Northzone, is a prominent venture capital firm headquartered in Norway. Established in 1996, Northzone has made significant strides in the technology and digital sectors, focusing on early-stage investments across Europe and the United States. With a strong emphasis on innovative startups, Northzone has backed notable companies in various industries, including fintech, e-commerce, and software. Their unique approach combines deep industry expertise with a commitment to nurturing entrepreneurial talent, setting them apart in the competitive venture capital landscape. Over the years, Northzone has achieved a remarkable market position, recognised for its successful portfolio and strategic partnerships. The firm continues to play a pivotal role in shaping the future of technology-driven businesses, making it a key player in the venture capital arena.

DitchCarbon Score

How does Northzone Ventures'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.

31

Industry Average

Mean score of companies in the Funds, trusts, and financial vehicles 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.

24

Industry Benchmark

Northzone Ventures's score of 31 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

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Northzone Ventures's reported carbon emissions

Northzone Ventures, headquartered in Norway (NO), currently does not report specific carbon emissions data. However, the firm is actively engaged in climate initiatives, particularly through its association with Norfund. In 2023, Norfund financed five projects under its climate mandate, which are projected to avoid approximately 8.5 million tonnes CO2e emissions annually once operational. This commitment reflects a broader strategy to achieve net-zero emissions across all scopes by 2026. While no specific reduction targets or SBTi commitments are reported for Northzone Ventures, the initiatives led by Norfund indicate a proactive approach to climate action within the organisation's operational framework.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Northzone Ventures's primary industry is Funds, trusts, and financial vehicles, which is 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. This request for Northzone Ventures is in NO, which has a very low grid carbon intensity relative to other regions.

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.

Northzone Ventures is not participating in any of the initiatives that 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
Reduction Actions

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