Sustainability in Spintop’s investment process

Investing sustainably is our responsibility as a technology venture capital fund. By backing companies in line with our sustainability strategy, and working actively for transparency and continuous improvement, we contribute to a sustainable future.

Sustainability is not a separate review that runs alongside the process. It is built into every stage, from the first screening to the way we work with a company once we have invested.

Sustainability in Spintop’s investment process

Investing sustainably is our responsibility as a technology venture capital fund. By backing companies in line with our sustainability strategy, and working actively for transparency and continuous improvement, we contribute to a sustainable future.

Sustainability is not a separate review that runs alongside the process. It is built into every stage of it, from the first screening to the way we work with a company once we have invested.

Assessment and due diligence

Sustainability is a permanent part of our assessment and due diligence process. Every company that goes through due diligence completes our ESG questionnaire, which covers our selected SDGs as well as other sustainability topics. The questions address governance, environmental matters, social aspects and prosperity for that specific company. We continuously refine these indicators to improve our measurements and impact, and we follow the latest research and regulatory developments.

Once invested

This means we hit the ground running when we invest, already familiar with the company's specific sustainability opportunities and challenges. We work with the management team and the board to improve on sustainability matters, setting priorities that fit the company's stage and following them up as part of ordinary board work.

Principal adverse impacts

In our investment process, we also consider the principal adverse impacts on sustainability. These are addressed according to their type and materiality. We report on the 14 mandatory Annex I indicators plus one additional climate and one additional social indicator. These cover areas such as:

CO2 emissions

Diversity & inclusion

Employee wellbeing

Governance standards

Exclusions

These considerations mean that some screenings result in exclusions. Businesses related to gambling, weapons technology and narcotics are excluded altogether. Companies that contribute directly or indirectly to climate change, pollution, biodiversity loss, human rights violations, corruption or poor labour rights are not eligible for a Spintop investment.

Remuneration policy

Spintop's remuneration policy is based on sound and effective risk management, ensuring that the structure of remuneration does not encourage excessive risk-taking with respect to sustainability risks.