Northzone Ventures
Northzone Ventures, often referred to simply as Northzone, is a prominent venture capital firm headquartered in Norway. Established in 1996, Northzone has made significant strides in the technology and digital sectors, focusing on early-stage investments across Europe and the United States. With a strong emphasis on innovative startups, Northzone has backed notable companies in various industries, including fintech, e-commerce, and software. Their unique approach combines deep industry expertise with a commitment to nurturing entrepreneurial talent, setting them apart in the competitive venture capital landscape. Over the years, Northzone has achieved a remarkable market position, recognised for its successful portfolio and strategic partnerships. The firm continues to play a pivotal role in shaping the future of technology-driven businesses, making it a key player in the venture capital arena.
DitchCarbon Score
How does Northzone Ventures's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Funds, trusts, and financial vehicles industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Northzone Ventures's score of 31 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Northzone Ventures's reported carbon emissions
As of the latest available data, Northzone Ventures does not report specific carbon emissions figures. However, the firm is actively engaged in climate initiatives, particularly through its association with Norfund. In 2023, Norfund financed five projects under its climate mandate, which are projected to avoid approximately 8.5 million tonnes CO2e emissions annually once operational. This commitment reflects Northzone's dedication to contributing to climate action, although specific reduction targets or emissions data are not disclosed. Northzone Ventures has not set Science-Based Targets Initiative (SBTi) reduction targets, nor does it inherit emissions data from a parent organization. The firm is focused on a net-zero approach across all scopes, indicating a comprehensive strategy to address its carbon footprint in the near term.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Northzone Ventures is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
