SHIFT 2024 Impact Report is live
We are proud to announce the release of our 2024 Impact Report, showcasing our commitment to driving positive change through impactful investments.
Key Achievements:
- New Investments: In 2024, SHIFT Invest made five new investments, expanding our portfolio to 33 companies. These new additions include innovative enterprises Thermeleon, Roboat, RideTandem, Friday Energy, and Teeptrak, providing solutions that range from heat batteries to demand-responsive transit and more efficient factories.
- Impact Targets Achieved: We are thrilled to report that 50% of our overall fund impact targets have been achieved, meaning our portfolio is well on its way to achieving impact at scale.
- Environmental Outcomes: Our portfolio companies have made remarkable strides in achieving environmental impact. Highlights include:
- 135kt CO2e emissions avoided, equivalent to the emissions from 48 million liters of petrol.
- 1,080,000m³ of water saved, comparable to 2.3 million hours in the shower.
- 123GWh of renewable energy produced, enough to power 2 million households annually.
Notable Contributions:
- BYBORRE published their first-ever impact report, setting a new standard for transparency in the textile industry.
- Whiffle completed a mega-project to model the energy output of the entire North Sea by 2050, contributing to the future of renewable energy.
- OneThird expanded its footprint to 10 countries, using their technology to combat food waste globally.
- ChainCraft chose the location for their first full-scale plant and demonstrated substantial emission reduction potential through their innovative processes.
At SHIFT Invest, we believe that capital, when deployed with purpose, can catalyze long-term impact beyond short-term returns. Our 2024 Impact Report is a testament to this belief, celebrating the tangible actions of the entrepreneurs we support and the systemic changes they drive.
We invite you to explore the full report to learn more about our journey and the incredible impact our portfolio companies are making. Together, we are turning investments into impactful solutions for a sustainable future.
We hope you enjoy reading the report.