Purpose Capital

We're going, how's about you!

Considering measuring your organisation’s carbon footprint? After three years of Climate Positive Certification for our business operations, we’ve pulled together some of our learnings in the hopes of inspiring others to do the same. Read our key learnings here: https://lnkd.in/g7DgyKxZ #Climate #Impact #ImpactIinvesting #RaceToZero

Purpose Capital has been recognized as a Responsible Investment Leader by the Responsible Investment Association Australasia (RIAA) for the second year running. We placed in the top 20% of organisations assessed, demonstrating leading practice in our commitment to responsible investing; our explicit consideration of environmental, social and governance factors in investment decision making; our strong and collaborative stewardship; and our transparency in reporting activity, including the societal and environmental outcomes being achieved. Thank you RIAA – we appreciate the work you do! You can read more here: https://lnkd.in/g6GHzDkm We'll also take this opportunity to acknowledge the ongoing support we receive from: 🔸 Our GP Board: John Birch David Plummer David McCallum Riri Ellis 🔸 Our Manager Board: Robb Dorey Beppie Holm 🔸 Our investment committee: Steve Howse Terri Eggleton Katie Beith Blake Richardson and Ian Greaves. 🔸 Our Fund Administrator Team at Enterprise Angels: Nina Le Lievre Kelly Taylor Jeanette Mindham Jake Hoffart Jordan Cranshaw Xavier Taucher 🔸 And importantly, our 50 investors: Too many to list, but our cornerstone investors include: K1W1 The Tindall Foundation WEL Energy Trust BayTrust and TECT. Bill Murphy Matt Currie Nick Pacey Claire Hahnhaussen #impactinvesting #impactinvestors #ethicalinvesting

One of the more outrageous moves by our current government. Go Lawyers for Climate Action NZ! #electircvehicles #emissionsreduction #climatecommitments

Let's get real #realzero #netzero #offsets #emissionsreduction "A stocktake of net zero pledges around the globe by Net Zero Tracker found 60% of the 2,000 largest companies have net zero targets covering about $45tn in revenue." "But the analysis also said only 61 of the net zero plans of those 1,145 companies met all integrity criteria, such as the appropriate use of offsets or whether the target covers the entire climate impact of a company."

Proud to be the #impact investors behind this outstanding company, it's Team and the difference it is making. #refrigerants #emissions #energyefficiency

A very cool video with an important #fashion #waste and #wool (Go New Zealand!) message. And if you want to have a deep dive into the #fashionindustry claims of #sustainability and what effective action needs to be, I highly recommend the Planet Critical episode "The Green Washing Machine". https://lnkd.in/gV5xPXJw https://lnkd.in/gE6wWUeV

Great news for Open Ocean - Whakatōhea Mussels Ōpōtiki Ltd, Whakatohea iwi, the Opotiki community and the Eastern Bay of Plenty. #aquaculture #economicdevelopment #equity

Will this coalition government, so willing to act and risk getting offside with people, have the courage to set #energytransition mandates? “#Mandates are clearly the most effective policy approach – and we call on #policymakers worldwide to implement them at speed. Failure to do so will have high human and economic costs.”

Purpose Capital Limited is proud to be a certified Climate Positive Business Operation. We have now completed our third year of measuring our carbon footprint and offset 120% of our carbon footprint for the 2024 Financial Year with certified carbon credits. Specifically, we chose credits from the Aureate Native Reforestation Project (https://lnkd.in/gGAwXZ-Y), North of Waihi Beach, to support the active regeneration of a logged pine plantation to native forest. This certification from Ekos applies to our own business operations, and not those of our portfolio companies. However, we take climate footprint into account for every investment we consider and support current and future investee companies in their climate impact journeys. The most important part of any carbon measurement project is emissions reduction in real terms. Measuring our footprint yearly has made us aware of our hotspots (business travel in particular) and allowed us to make a data informed reduction plan. By laying out the data, we’ve also found areas where we can save money while reducing emissions. We encourage all New Zealand businesses to measure and make a plan to reduce their carbon footprint, and only use offsets where absolutely necessary. #Climate #Impact #ImpactIinvesting #RaceToZero