Impact
Backing start-ups where impact is the business
Impact isn't a metric. It's our mandate. We invest to transform, backing founders whose scalable solutions scale and shift entire industries toward a greener future.
What we mean by impact investing
Impact-led by design
We invest only where impact is embedded in the business model - intentional, measurable, and led from the top. Impact must shape mission, strategy, and revenue from day one.
Meaningful change only
Every investment must clear a high contribution bar. We avoid marginal improvements and back solutions capable of delivering real, measurable, system-level environmental change at scale.
Net-positive at system level
We assess solutions holistically to ensure they move the world forward without shifting harm elsewhere. Trade-offs are scrutinized to deliver net-positive outcomes across systems.
Accelerating transformation
We invest where our capital, expertise, and network accelerate impact that would not happen otherwise - helping transformative ventures scale faster and reshape industries decisively.
Impact Report 2024
Our latest 2024 Impact Report provides insights into progress, outcomes, and learnings across our portfolio.
Our 2024 impact report
Take a look to see how we work with impact, our portfolio companies' current performance and their impact potential.
Impact stats
Avoided tonne CO2e projected in 2035
3.24mShare of portfolio with a lifecycle assessment
73%Taxonomy alignment (share of revenue)
100%Taxonomy alignment (share of CAPEX)
99.6%
Our portfolio
Deep dive into how our portfolio companies create impact.
- REEL about ?overlay=reel-energy
REEL
B2B electricity supplier, trader, and balancing-responsible party
- Nordic Salt Cycle about ?overlay=nordic-salt-cycle
Nordic Salt Cycle
Accelerating the transition to a mineral economy
- Circular economyabout /verticals/circular-economyCircular economy
- Octarine bioabout ?overlay=octarine-bio
Octarine bio
Bio-based dye palette that replaces conventional synthetic dyes
- Biosolutionsabout /verticals/biosolutionsBiosolutions
- Greenshiftabout ?overlay=greenshift
Greenshift
Cutting cloud computing costs and emissions by up to 40%
- Climate techabout /verticals/climate-techClimate tech
- NobodyWhoabout ?overlay=nobodywho
NobodyWho
Small Language Models: Europe’s Next AI Advantage
- Climate techabout /verticals/climate-techClimate tech
- Cellugy about ?overlay=cellugy
Cellugy
Biofabricating high-performance cellulose to replace petrochemicals
- Biosolutionsabout /verticals/biosolutionsBiosolutions
- A:gain about ?overlay=a-gain
A:gain
Circular building products at scale
- Built environmentabout /verticals/built-environmentBuilt environment
- SemperCycle about ?overlay=sempercycle
SemperCycle
Enabling a circular, low-carbon economy for unrecyclable plastics
- Circular economyabout /verticals/circular-economyCircular economy
- Rock Flour Company about ?overlay=rock-flour-company
Rock Flour Company
Nature’s solution to net-negative agriculture
- Food & agricultureabout /verticals/food-and-agricultureFood & agriculture
- FoodOpabout ?overlay=foodop
FoodOp
Digital platform helping kitchens reduce food waste
- Food & agricultureabout /verticals/food-and-agricultureFood & agriculture
- Agrain about ?overlay=agrain
Agrain
Providing ingredients for the future of food
- Food & agricultureabout /verticals/food-and-agricultureFood & agriculture
- Søuldabout ?overlay=sould
Søuld
Acoustic products made from eelgrass
- Built environmentabout /verticals/built-environmentBuilt environment
- PerPlantabout ?overlay=perplant
PerPlant
Democratising AI in agriculture by supporting sustainable farming
- Food & agricultureabout /verticals/food-and-agricultureFood & agriculture
- Catalysta about ?overlay=catalysta
Catalysta
Automate GHG reporting with complete coverage
- Climate techabout /verticals/climate-techClimate tech
We're on a missoin to decarbonize industries and scale impact solutions. Explore our investment verticals
- Circular economy
- Built environment
- Biosolutions
- Climate tech
- Energy
- Food & agriculture
We're on a missoin to decarbonize industries and scale impact solutions. Explore our investment verticals
Our current linear ‘take-make-waste’ system use 60% more resources than the earth can generate every year. We invest in solutions that enable reuse, upcycling and recycling of waste streams to enable a circular economy.
- Circular economyabout /verticals/circular-economyCircular economy
KPIs & policies
Our fund impact KPIs define how we measure impact. Rooted in science, they help us assess impact in a rigorous and transparent way. Portfolio companies must contribute significantly to at least one defined impact KPI, embedding measurable positive impact at the core of their business model.
Our Responsible Investment Policy sets out how we integrate environmental, social, and governance considerations across the full investment lifecycle. It guides decision-making, risk management, and active ownership.
Our Good Governance policy sets out which policies, processes and procedures we help our portfolio companies get into place depending on their size and maturity.
Our 'Do No Significant Harm' criteria and thresholds sets out what we consider to be signifcant harm. We use these criteria and thresholds to ensure our portfolio companies do not cause significant harm on social and environmental objectives.
SFDR
As an Article 9 impact fund, sustainability is at the core of our investment approach. We provide transparent, sustainability-related disclosures in line with SFDR requirements, ensuring accountability, regulatory alignment, and clarity on how our investments contribute to positive environmental outcomes.
PAI statements
We consider Principal Adverse Impacts (“PAI”). Take a look at our PAI statements here.
Sustainability-related disclosures
We're an Article 9 "dark green" fund. Curious what this means? Take a look at our sustainability-related disclosures.
Come venture with us
Pitch us
Have a venture where impact and growth scale together? We invest early and work side-by-side powered by the whole Footprint Firm team.
Phil specialises in strategy consulting with a focus on sustainability, especially climate mitigation and the circular economy. Phil’s experience spans sustainability strategy, ESG due diligence, GHG inventory calculation, sustainability reporting and SFDR/EU Taxonomy alignment assessment. He brings broad sector experience, working with investors and companies in manufacturing, retail and consumer products, technology, healthcare, energy as well as non-profit organizations.
Phil has co-authored perspectives on climate change reporting in private markets, as well as potential opportunities for companies inspired by the circular economy. He has direct experience with circular economy technologies, having been strategy & business development lead for a circular technology for end-of-life textiles, and now a board member for SemperCycle, a circular technology for end-of-life mixed plastic waste.
Phil’s consulting experience also spans strategy and transformation advisory, where he has worked with global companies in consumer products and manufacturing, as well as energy, healthcare and financial services. Before joining The Footprint Firm, Phil was associate partner at Bain & Company in the carbon transition and circular economy practice. Prior to Bain & Company, Phil was a Senior Associate for Pacific Strategy Partners for 3 years, before which he was a Senior Consultant at PwC for 6 years, both based in Australia.
Phil holds a Bachelor or Commerce from the University of Melbourne, majoring in Finance and Accounting. He was admitted to the Institute of Chartered Accountants in Australia in 2011. He completed the GRI Standards Certificate in 2019.