Green Angel Syndicate is the UK’s largest angel syndicate and is the only one that specializes in a new approach to combat Climate Change. Green Angel Syndicate finds, evaluates and selects innovations that can make a real difference, then invests in them for their development.
Green Investment
Climate change has been a major issue in the investment industry for many years. Unfortunately, there’s a lot of “greenwashing” going on right now. Many acronyms are difficult to understand, require a lot of time to explain and have a vague definition: ESGs, SDGs Impact, SDI and many others. Our world still lacks the climate-change solutions that it needs. Green Angel Syndicate is fighting climate change.
Nick Lyth, Founder and President: “This problem is not one of definition. Prioritization is the problem. You will take a different path if the ESG is your priority. If the SDGs are the priority, then you will take a different path. All of these paths do not address climate change. Although they may cross paths at times, their goal is not to address the climate change challenge that we all face. “The highest priority is to meet that challenge.”
How does Green Angel Syndicate select their portfolio companies?
Green Angel Syndicate has more than 300 members. Many of them offer their skills and expertise to support the management team.
– Choose the innovative grassroots businesses most likely to make a difference in combating climate change.
– Perform rigorous due diligence.
Nominate non-executive and observer directors to the Boards for portfolio companies in order to help actively meet growth challenges.
GAS uses this methodology to attract entrepreneurs who are pioneers in the UK and who are working on developing ways to reduce carbon emissions and greenhouse gases or remove carbon from the air so you can adapt and thrive in our rapidly changing world. Every year, GAS receives over 700 applications. They are overwhelmed with innovative ideas. Angel investors will benefit from a greater return on their investment if the portfolio companies are successful.
CO2 Removal and Prevention
Their impact is measured in the amount of CO2 or other greenhouse gases that were prevented due to the activities of their portfolio companies. Each portfolio company develops a product or service to reduce GHG emissions, or restore and regenerate degraded eco-systems that they rely on for CO2 removal.
CEO Cam Ross said: “Each and every week, more members join us who understand that their investments and involvement can make a difference in the fight to combat climate change. Our core metric is CO2e, which not only clarifies the way in which we view investments but also highlights our mission to reduce and then reverse this toxic gas from our atmosphere.
EIS Climate Change Fund
GAS launched a Climate Change Fund in 2020. The Climate Change Fund is similar to the syndicate but does not require angel participation.
The GAS portfolio companies’ CO2e reductions almost doubled during the first half 2021. They reached 38,000 tonnes cumulatively by the end June 2021. It is the equivalent of taking 18,000 vehicles off the road every year. This is expected to increase even more as they invest into new companies and their existing ones continue to grow. In the first half 2021, energy contributed the most to the GAS Portfolio’s carbon emission reduction figure. Transportation was second with 26%. Buildings and recycling were third with 8%.
+ There are no comments
Add yours