Fifth Wall Becomes A B Corp: How The Venture Capital Firm Is Tackling The Real Estate Industry’s Contribution To The Climate Crisis
Forbes
Fifth Wall, a VC firm that focuses on innovation and technology for real estate, is now a certified B Corporation, emphasizing the shifting mindset on sustainability overall and paving the way for other VCs. The real estate industry accounts for 40% of the world’s consumption of energy while emitting 30% of total global greenhouse gases, and using 40% of its raw materials. Given this, the industry has a responsibility to find solutions that reduce its negative environmental impact by implementin…