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ESG Pulse Check: Getting the Basics Right for Start-ups and Venture Capital Firms

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ESG Pulse Check: Getting the Basics Right for Start-ups and Venture Capital Firms

World Economic Forum

15th September 2022

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While venture capital firms are a critical force in shaping the future as they invest in the leading start-ups and disruptive technologies, the start-ups themselves have largely been left out of the conversation when it comes to ESG.

Through this insight report, the World Economic Forum aims to highlight what start-up and scale-up companies are thinking and doing on the ESG front, and the assistance they are seeking to ensure that they can avoid greenwashing and implement standards and strategies early on.

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Key findings from the report include:

  • ESG should not be approached as a stand-alone topic but be embedded into key corporate strategies and decision-making, ideally from the beginning so that it scales with a company.
  • Having a practical and start-up friendly ESG framework or toolkit would be highly useful for companies and investors alike.
  • Support from the entire start-up ecosystem, especially investors, is helpful for start-ups as they plan, execute and measure their ESG strategies.

Report by the World Economic Forum

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