Venture capital impact investment firm Astanor Ventures has published its 2022 impact report, which includes its latest progress on quantifying and scaling impact across its agrifood-focused investments. The firm has introduced its Impact Multiple on Investment (IMOI) methodology, translating impact metrics into impact return on investment to demonstrate the value of impact-focused investing in the agrifood system. “Although we are still in the early days of deploying our impact valuation model, early implementation of the approach shows the deep potential for creating long-term value for investors and portfolio companies alike by translating impact into monetary value, which will be a gamechanger in the impact investment industry,” said Leslie Kapin, Director of Impact and Sustainability at Astanor. The firm made six venture investments last year, bringing its total portfolio holdings to 44 since the firm’s creation in 2017. Investee companies avoided 25,000 metric tonnes of CO2 equivalent, as well as one million hectares of land use and 1.8 million cubic metres of water use. Eric Archambeau, Co-Founder and Partner at Astanor, said: “Transitioning the agrifood system is essential to achieving a widescale transformation of the global economy, away from an extractive and destructive system and towards a regenerative, bio-based economy that puts nature back at the heart of technology and business.”
