Recognising outstanding commitment to responsible investment
Impact investment is on the rise. A host of factors centered around the need to address global environmental and social issues such as climate change, biodiversity decline and demographic changes, as well as an increased focus on ESG/Responsible Investment more generally, is resulting in a higher demand for investment in mission-led companies focused on people and planet, as well as profit.
In 2023, the BVCA introduced the ‘Excellence in Impact’ awards to celebrate our members’ commitment to making an environmental and social impact, alongside making financial returns. This aims to showcase best practice and how our member firms are advancing their impact investing approaches, alongside the environmental and social solutions our members are facilitating through their portfolio companies. This is now an ongoing part of the annual BVCA Summit.
The judges will be looking for intention of creating and evidence of achieving positive environmental and/or social impact alongside financial return. Submissions should be able to demonstrate good impact practices for measuring, managing, and reporting impact, with a focus on continuous improvement. The judges recommend you give details of the development or engagement which has taken place, covering how and why your firm has acted, and what the outcome has been. The judges will be looking for a clear explanation of the rationale, commitment to impact, linkage to investment strategy, and why the outcome has been positive. Please provide clear examples to evidence your submission.
The submission should be 500-750 words and can be made via this online entry form. Your submission may be accompanied by supporting documents, if referred to in the submission.
Due to the volume of submissions, the judges only have the capacity to read 3 additional pages of material, so please keep your supporting documents concise. Any attachments that exceed 3 pages total will not be considered.
Multiple submissions are welcome, please submit a separate entry form per nomination.
For further information about the Excellence in Impact Awards, please contact Breeze Haywood.
Please note, due to the high volume of submissions, we will not be able to provide individual feedback.
Entries opened on Tuesday, 8 April 2025 and closed on Monday, 30 June 2025. An independent judging panel will score the submissions and present the awards at the BVCA Summit Main Conference on 10 September 2025.
The judges will be looking for progress made in impact integration and engagement by LPs in 2024.
This should include the following:
Clear articulation of your impact goals and objectives, and how this is incorporated into your firm and your strategy, including policies and/or reporting, due diligence practices, and value creation plans. Key points to consider include:
Detail about your measurement methodology,
The frameworks it is aligned with,
How you ensure accountability through independent verification processes (these are not strictly confined to limited or reasonable assurance e.g. receiving LPAC approval or independent approval from an Impact committee).
Provide examples of how your firm has engaged with portfolio companies and achieved social or environmental outcomes in their portfolio company as evidenced by additionality through the setting and achieving of bespoke KPIs over the last year.
How your firm has worked with GPs to integrate impact within reporting.
Provide evidence of how you are engaging in systemic change in relation to impact within the private capital industry.
The judges will be looking for progress made by GPs in impact integration and engagement in 2024.
This could include one (or more) of the following:
Clear articulation of your impact goals and objectives, and how this is incorporated into your firm and your strategy, including policies and/or reporting, due diligence practices, and value creation plans. Key points to consider include:
Detail about your measurement methodology,
The frameworks it is aligned with,
How you ensure accountability through independent verification processes (these are not strictly confined to limited or reasonable assurance e.g. receiving LPAC approval or independent approval from an Impact committee).
Provide examples of how your firm has engaged with portfolio companies and achieved social and/or environmental outcomes in their portfolio company as evidenced by additionality through the setting and achieving of bespoke KPIs over the last year.
How your firm has worked with LPs to integrate impact within reporting.
Provide evidence of how you are engaging in systemic change in relation to impact within the private capital industry.
This category seeks to recognise portfolio companies that have demonstrated good practice in creating a positive environmental and/or social impact in their day-to-day business and have been supported by their investors to do so. This category is to open to any portfolio company with a UK presence which is currently backed by a BVCA member (or exited in 2024).
Submissions should include the following:
Outline the core mission of the portfolio company, and how this is contributing to solving a particular environmental and/or social challenge.
Demonstrate how positive environmental and/or social impact is considered within the portfolio company’s day-to-day commercial activities in 2024.
Demonstrate how the portfolio company is measuring its current impact, and any measures established to improve or grow its impact.
Demonstrate how the portfolio company sees impact as driving commercial value to shareholders.
Alex Shadbolt, Investment Manager and Impact Lead, Future Planet Capital
Ellen de Kreij, Lead Advisor – Impact & Sustainability, Apax Partners
Sarah Teacher, Co-CEO, Impact Investing Institute
Zoë VanderWolk, Partner, ETF Partners
Investment Manager & Impact Lead, Future Planet Capital
Investment Manager & Impact Lead, Future Planet Capital
Alex is an Investment Manager and leads Future Planet Capital’s impact efforts. With a background in research, most recently with the University of Cambridge’s Keynes Fund, exploring instances of market failure, mispricing and incentive systems within VC, Alex is driving Future Planet Capital’s formalisation of impact for investment decisions, internal operations and portfolio management.
Previously, Alex spent time at the Open Data Institute, creating and embedding the groups Impact Framework, successfully bidding for key government contracts and co-authoring the company’s five-year strategy.
He looks to bring this deep impact knowledge to investments, on both the Blue Ocean Fund and Global Growth Fund, as part of the Origination Team. Additionally, Alex heads up ESG at Future Planet, as well as co-authoring Future Planet Capital’s impact reports, with Advisory Board Member, Lord Wei of Shoreditch. Alex holds a first-class degree from Exeter in Liberal Arts, majoring in Economics.
Lead Advisor – Impact & Sustainability, Apax Partners
Lead Advisor – Impact & Sustainability, Apax Partners
Ellen de Kreij is responsible for the implementation of the Apax Partners Sustainability Programme and is a member of the Apax Operational Excellence team.
Before her current role as Lead Advisor to the OEP on ESG and Impact, Ellen previously held Director roles in Apax’s Investor Relations and Deal Generation teams. Before this, Ellen was an investment banker in the Mergers & Acquisitions teams at Merrill Lynch and Broadview International, where she specialised in advising transactions in the Technology sector.
Ellen holds an MA in Dutch Civil Law and an MBA from Harvard Business School.
Co-CEO, Impact Investing Institute
Co-CEO, Impact Investing Institute
Sarah is the Co-CEO of the Impact Investing Institute. She leads relationships with the Institute’s external partners and oversees both the endowments with impact programme and the family offices with impact programme. At the Institute she has previously been involved in key projects on sizing the UK’s impact investing market and encouraging institutional investors to deliver place-based impact investing.
Sarah joined the Institute from Lendlease Europe where she was Social Impact Investment Manager. Prior to her work at Lendlease Sarah worked in roles at the intersection of social impact, sustainability and private capital – be that corporate investment or philanthropic. She was a Consultant at Sancroft International (2013-2017), an international sustainability consultancy focused on the social, environmental and ethical risks faced by major businesses; an Associate at On Purpose, a one-year programme for early-career professionals identified as future leaders in social enterprise (2012-13); and Director for Next Generation Philanthropy at the Institute for Philanthropy (2006-2010), leading workshops for philanthropists interested in increasing the impact of their giving.
Sarah graduated from Lady Margaret Hall College, Oxford, in 2005 with a first-class degree in Modern History, and obtained an MPhil in Development Studies from Clare College, Cambridge in 2011. She serves as a Director of Rockefeller Philanthropy Advisors and its European Chair.
Partner, ETF Partners
Partner, ETF Partners
Zoë joined ETF Partners as Head of IR and Sustainability in 2019 and became a Partner in 2023.
Following a degree in statistics and Mandarin Chinese, she practiced as a corporate lawyer in the City of London in the Environmental Finance group at Baker & McKenzie LLP. In 2013 she co-founded Accessible Clean Energy LLP, a listed fund investing across the clean energy value chain.
She is a musician, cook, party-thrower, reluctant cold-water swimmer, and a trustee of an educational charity serving the visually impaired. She lived on a houseboat but now lives in a school boarding house with her husband, two sons, 2 teenage boys and a golden retriever puppy.
She is a graduate of Harvard College (BA, Class of ’05) and the College of Law, London (LLB (Distinction), 2008).
The judges also awarded Special Recognitions across two categories.
These were:
Entries for Excellence in Impact 2024 opened on 5 April 2024 and closed on 7 June 2024. An independent judging panel scored the submissions and presented the awards at the BVCA Summit conference on 12 September 2024.
Portfolio company (backed by a BVCA member) | Excellence in Impact 2024 Winner
We were delighted to celebrate our members’ commitment to making an environmental and social impact alongside making financial returns. These awards aim aim to showcase best practices in impact investing alongside the environmental and social solutions our members are facilitating through their portfolio companies. The firms recognised were selected by an independent judging panel and presented at the BVCA Summit on 12 September 2024.
We were delighted to recognise outstanding contributions to impact investment from across private equity and venture capital. The firms recognised were selected by an independent judging panel and presented at the BVCA Summit on 5 October 2023.