On the Business Case for Environmental Action: Nancy Pfund
May 15, 2018
We honored Nancy Pfund, Founder and Managing Partner of DBL Partners, with the 2018 Climate Visionary Award at our Climate Leadership Gala, for her leadership in the growing field of impact investing and her work to tap the power of venture capital to promote social and environmental change.
“We have a frame around our investment process to make sure we’re covering all the bases. And it’s a three-pronged approach. We call it our climate trifecta. First, we follow the carbon. So many of our 20th century business models were wrapped around a high-carbon profile, and we need to change that. Second, as impact investors, we want to fix something that’s broken and we want to do that with intentionality — we don’t just want it to happen kind of by coincidence. Third, when we look at a sector and the iconic names in that sector are mostly a hundred years old or more, it’s definitely time to invest.” More of her inspiring speech in the video below.