Echo River Capital LLC
California, United States
January 2024
Equity investing - Developed Markets
Service with Minor Environmental Footprint
United States
Echo River Capital is an early stage venture capital firm investing globally in cutting-edge water technologies. The firm was established in 2021 by our General Partner, Peter Yolles. Our investment thesis centers around the “Three D’s of Watertech” and aims to Digitize, Decarbonize, and Decentralize the water cycle. Water systems are undergoing significant transformations driven by the depletion of natural resources, the adverse environmental impacts of climate change, and inefficient water management, negatively impacting our well-being and the health of our planet. ERC champions innovations with the highest potential to tackle these challenges, revolutionizing how we utilize water. In line with our vision to create lasting environmental benefits, we integrate impact metrics to measure progress in our portfolio. We work with portfolio companies to develop impact commitments, enhancing accountability and fostering a culture of purpose-driven innovation. Our ultimate goal is building a future of living in freshwater harmony with nature.
Overall B Impact Score
Governance 23.5
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Governance 23.5
Governance evaluates a company's overall mission, engagement around its social/environmental impact, ethics, and transparency. This section also evaluates the ability of a company to protect their mission and formally consider stakeholders in decision making through their corporate structure (e.g. benefit corporation) or corporate governing documents.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.
Community 3.4
Community evaluates a company’s engagement with and impact on the communities in which it operates, hires from, and sources from. Topics include diversity, equity & inclusion, economic impact, civic engagement, charitable giving, and supply chain management. In addition, this section recognizes business models that are designed to address specific community-oriented problems, such as poverty alleviation through fair trade sourcing or distribution via microenterprises, producer cooperative models, locally focused economic development, and formal charitable giving commitments.
Environment 18.3
Environment evaluates a company’s overall environmental management practices as well as its impact on the air, climate, water, land, and biodiversity. This includes the direct impact of a company’s operations and, when applicable its supply chain and distribution channels. This section also recognizes companies with environmentally innovative production processes and those that sell products or services that have a positive environmental impact. Some examples might include products and services that create renewable energy, reduce consumption or waste, conserve land or wildlife, provide less toxic alternatives to the market, or educate people about environmental problems.
Customers 44.2
Customers evaluates a company’s stewardship of its customers through the quality of its products and services, ethical marketing, data privacy and security, and feedback channels. In addition, this section recognizes products or services that are designed to address a particular social problem for or through its customers, such as health or educational products, arts & media products, serving underserved customers/clients, and services that improve the social impact of other businesses or organizations.
What is this? A company with an Impact Business Model is intentionally designed to create a specific positive outcome for one of its stakeholders - such as workers, community, environment, or customers.