Worldfavor is establishing a strategic partnership with NordicNinja VC
NordicNinja, a leading Japanese venture capital fund with a strong presence in the European market, is excited to announce its strategic partnership with the global ESG platform Worldfavor. NordicNinja is committed to supporting enterprises dedicated to addressing the challenge of global carbon footprint and creating a more sustainable future. This partnership will enable NordicNinja to conduct a comprehensive analysis and gain profound insights into the carbon footprint implications of its prospective investments and existing portfolio companies.
Worldfavor is a SaaS ESG platform that provides corporations and investors with sustainability insights to learn, manage, and enhance sustainable business operations. The platform enables transparent access to data from over 30.000 organizations worldwide, with the purpose to provide companies with insights, to make data-leveraged decisions in a sustainable manner. With the wide extent of Worldfavor´s network, investors can utilize the platform to gather data to better understand the scope of their impact, where to act and apply best practices for portfolio companies.
– Worldfavor is determined to bring ESG into the mainstream. To achieve this, we collaborate with industry experts to tackle complex issues and assist companies in making better sustainability decisions. Our partnership with NordicNinja enables them to gain insights from ESG data and excel their portfolio companies, says Andreas Liljendahl, CEO of Worldfavor.
NordicNinja is a Japanese VC fund supporting European companies in solving complex problems with innovative technology. Founded in 2019, NordicNinja is an experienced team devoted to helping founders scale globally. The newly launched NordicNinja Fund II aims to invest and build companies within industries focused on climate tech, deep tech, and digital societies. With over 20 previous investments in companies like Einride, ClimateView, and Voi, NordicNinja now looks to further expand its portfolio of firms tackling environmental issues to meet the urgent need for sustainable solutions.
NordicNinja is an Article 8 fund under the Sustainable Finance Disclosure Regulation (SFDR) – a fund that promotes “environmental or social characteristics” and which invests in companies that “follow good governance practices". NordicNinja will be utilising Worldfavor to collect associated Article 8 Principal Adverse Impacts as a part of the SFDR commitment.
Worldfavor and NordicNinja have agreed to enter a partnership to cooperate on a shared mission to enhance ESG performance in the business landscape. The partnership not only allow NordicNinja to diligently monitor the carbon impact of prospective portfolio companies, but it also expand the network and depth of Worldfavor´s platform. The experience of both parties, coupled with their expertise in their respective fields, will present Worldfavor and NordicNinja with new possibilities to advance their sustainability efforts and evolve in their mutual pursuit of shaping a better future.
– Investing in climate tech companies necessitates extensive engagement with visionary founders, a profound understanding of the ESG impacts inherent in their startups, and dedicated collaboration on a global scale. With international partnerships as a cornerstone of our NordicNinja fund, partnering with a prominent platform like Worldfavor marks a great progression in our commitment to shaping a more sustainable future collectively. We do hope that this alliance will unleash our full potential by solidifying our position as a preeminent sustainable investor in the European market, affirms Shinichi Nikkuni, Managing Partner at NordicNinja.
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PR and Communications Manager
Worldfavor – The Global Sustainability Platform
Worldfavor is a sustainability platform that enables organizations worldwide to access, share, and leverage data to gain insights and make sustainable action possible – internally and through far-reaching value chains. The platform helps its growing network of 30,000+ organisations understand their impact, fuel action, and stay resilient. Worldfavor's different solutions power its customers to manage all kinds of sustainability data easily, trace impact, follow up on portfolio companies, reduce risk, and achieve a sustainable value chain. The Worldfavor sustainability platform was first released in 2016 with the mission to make sustainable business mainstream. Behind Worldfavor is a group of highly passionate people who dream of shaping a world where people, the planet, and the economy thrive together. For more information – please visit www.worldfavor.com.
NordicNinja is a founder and operator-led VC fund helping world-beating teams solve society’s hardest problems with the most innovative tech. Founded as a Japanese-European joint venture between JBIC IG Partners and BaltCap, NordicNinja is managed by Tomosaku Sohara, Shinichi Nikkuni, Marek Kiisa, Rainer Sternfeld, combining European founders and innovations with Japan’s hunger for digital innovation. All underpinned by the urgent need to build a more equitable, more sustainable future for all.