Plum Ventures Sustainability Profile
Plum Ventures, a prominent player in the technology and investment sector, is headquartered in China (CN) and operates across various major regions. Founded in 2015, the company has rapidly established itself as a leader in venture capital, focusing on innovative startups in the tech industry. With a commitment to fostering growth, Plum Ventures offers unique investment strategies and tailored support services that distinguish it from competitors. The firm has achieved significant milestones, including successful funding rounds for several high-profile tech companies, solidifying its market position. Renowned for its strategic insights and robust portfolio, Plum Ventures continues to drive innovation and economic development, making it a key contributor to the evolving landscape of technology investment in China and beyond.
DitchCarbon Score
How does Plum 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.
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.
Industry Benchmark
Plum Ventures's score of 26 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Plum Ventures's reported carbon emissions
In 2019, Plum Ventures reported total carbon emissions of approximately 13.6 billion kg CO2e, comprising 6.96 billion kg CO2e from Scope 1, 770.2 million kg CO2e from Scope 2, and 5.82 billion kg CO2e from Scope 3 emissions. The emissions data reflects a comprehensive assessment of their operational impact, with significant contributions from the use of sold products and stationary combustion. Plum Ventures has set ambitious climate commitments, aiming for net-zero emissions by 2050. They plan to transition to 100% renewable electricity by 2026, which is a critical step towards achieving this long-term goal. Additionally, they target a 30% reduction in absolute Scope 2 emissions by 2030, compared to a baseline of 1,526.68 tCO2e. This reduction will be supported by energy efficiency measures across their facilities. For Scope 3 emissions, Plum Ventures aims to reduce emissions intensity per employee by 30% by 2030, focusing on promoting virtual meetings and low-carbon travel alternatives. These initiatives demonstrate Plum Ventures's commitment to sustainability and their proactive approach to mitigating climate impact.
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| 2017 | 2018 | 2019 | |
|---|---|---|---|
| Scope 1 | 7,928,028,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 505,268,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,133,317,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Plum Ventures's Industry?
How Carbon Intensive is Plum Ventures's Location?
Plum Ventures's Scope 3 Categories Breakdown
Plum Ventures's Scope 3 emissions, which increased by 11% last year and increased by approximately 86% since 2017, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 43% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 99% of Scope 3 emissions.
Top Scope 3 Categories
Plum Ventures'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.
Plum Ventures 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.
