Augmentum Fintech is a leading European venture capital fund that specialises in growing fintech startups from Series A and beyond. As a publicly listed fund, Augmentum knows that sustainable investment is a key consideration in providing long-term value to its shareholders. That's why Augmentum uses Minimum to track and reduce its Scope 1, Scope 2, and Scope 3 carbon emissions to bring its fund to Net Zero.
Using Minimum's quick and easy self-service tool, Augmentum receives a full carbon footprint breakdown across its entire fund. After a 15-20 minute questionnaire about its business, Minimum provides a complete view of its carbon emissions, split across key areas of its operations. This allows Augmentum to understand not only how much CO2 it is responsible for, but also what areas of its business are driving those emissions. When it comes to devising strategies for reduction, this information allows Augmentum to take informed, data-driven actions that tackle its biggest emission-drivers. What's more, once reforms have been made, Augmentum logs them onto its dashboard and immediately monitors the quantified impact of its carbon reduction actions as it tracks its emissions down to Net Zero.
To take its fund all the way to Net Zero, Augmentum uses Minimum to neutralise its remaining, currently unavoidable, emissions. Using a portfolio of best-in-class carbon removal and prevention initiatives, Augmentum proactively manages the impact of its fund. Minimum's portfolio of projects is meticulously constructed in line with the Oxford Principles and comprises only the most rigorously certified projects, uncompromisingly selected using data-driven criteria and enhanced due diligence. As a result, Augmentum has complete assurance that its offsets have long-lasting, positive impact and satisfy the most stringent ESG guidelines and regulations.