General Atlantic Publishes its 2023 BeyondNetZero Fund Annual Report

The firm's 2023 climate and sustainability report highlights the significant progress made by its portfolio of seven companies in the areas of decarbonization, energy efficiency, emissions management, and resource conservation.
General Atlantic Publishes its 2023 BeyondNetZero Fund Annual Report
In 2021, Lance Uggla and Lord John Browne founded BeyondNetZero and partnered with General Atlantic to launch GA BnZ, our firm’s growth-stage platform dedicated to investing in companies pioneering solutions for climate change and the energy transition. Our second climate and sustainability report highlights the progress made by GA BnZ’s portfolio of seven companies in 2023 and how they contribute to our core themes: decarbonization, energy efficiency, emissions management, and resource conservation. Our portfolio’s avoided emissions, quantified and verified by Systemiq, our independent climate and sustainable finance advisor, increased 38% over 2023.

Since 1980, GA has focused on identifying and partnering with leading entrepreneurs to build and scale companies to capture emerging long-term secular trends. We believe that the structural shift in the world’s energy and productive systems to mitigate and adapt to the effects of climate change is one of those core global trends. It will offer innumerable opportunities to back entrepreneurs building the companies that will pioneer a low-carbon future. We are excited about these opportunities and reaffirm our plans to be a leading investor in this sector, partnering with entrepreneurs and innovative companies that seek to positively transform the world for a better tomorrow.

Read the report here.

BeyondNetZero (GA BnZ) is a General Atlantic companion fund and operates as an Article 9 Fund under the European Union’s Sustainable Finance Disclosure Regulation (SFDR).
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General Atlantic
General Atlantic
New York, United States
General Atlantic is a leading global investor with more than four decades of experience providing capital and strategic support for over 500 growth companies throughout its history. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world. General Atlantic has more than $77 billion in assets under management inclusive of all products as of June 30, 2023, and more than 220 investment professionals based in New York, Amsterdam, Beijing, Hong Kong, Jakarta, London, Mexico City, Miami, Mumbai, Munich, San Francisco, São Paulo, Shanghai, Singapore, Stamford and Tel Aviv.
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