More climate protection: Dieter von Holtzbrinck Ventures introduces Sustainability Clause
Together with more than 20 other venture capitalists, we have developed a sustainability clause with which we and our portfolio companies will strive for more climate protection. The Sustainability Clause will be integrated into future termsheets and shareholder agreements. According to the clause, companies should measure their CO2 emissions, implement reduction measures such as adjusting their travel policies (preferring train instead of plane) or switching to a green electricity provider. Being part of this initiative, we want to make a significant contribution to climate protection. The Sustainability Clause was developed in cooperation with Leaders for Climate Action, an association of more than 300 leading digital entrepreneurs in Germany and Europe. Get the whole story here.