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Denominator was featured in the Portfolio Company Spotlight in Scale Capital’s 2024 ESG & Impact Report. This recognition underscores our commitment to advancing the standardization of social data globally, helping organizations and investors alike better measure and understand social performance.
About Scale Capital and their ESG approach
Scale Capital is a venture capital firm that invests in technology-driven companies with global ambitions, including Denominator.
What sets them apart is their strong integration of Environmental, Social, and Governance (ESG) considerations into every phase of their investment process. The firm’s 2024 report reiterates its dedication to “active ownership,” a strategy that goes beyond financial metrics to assess how portfolio companies manage ESG-related risks and opportunities.
Scale Capital adheres to the UN Principles for Responsible Investment (PRI) and embeds ESG factors in due diligence, monitoring, and ongoing strategic support. Their goal is clear: to build companies that are not only successful financially but also responsible and resilient in a rapidly changing world.
Denominator’s role in transforming social data
Denominator’s inclusion in this year’s ESG spotlight reflects our mission to bridge a major gap in the investment and risk landscape: the lack of standardized, comprehensive social data. As companies and investors increasingly recognize the importance of human capital, social equity, and stakeholder impact, the need for reliable social performance metrics has never been greater.
“Many investors have for years neglected the human capital element in their risk management processes,” explains Anders Rodenberg, CEO and founder of Denominator. “Not because they didn’t find it important, but because they could not access quantifiable data on a global level.”
This is the core problem Denominator addresses. Our platform offers consistent, comparable, and scalable social data on more than 5 million companies worldwide - allowing businesses and investors to go beyond environmental and governance metrics and assess the ‘S’ in ESG with precision and confidence.
"Data is the underlying foundation for ensuring full democratization, or freedom, of investment, consumption, and employment decisions. Social and human capital data was the final missing piece of the critical information that provides decision-makers with the needed insights from a social perspective," says Rodenberg.
"With transparency, organizations are empowered to make informed decisions that benefit both their stakeholders and their bottom line. After all, people are the common denominator."
Looking Ahead
We are grateful to the Scale Capital team for this recognition and for their support as an investor. Their ESG-focused investment strategy provides a powerful framework for innovation and accountability, and we’re proud to be part of a portfolio that values measurable impact alongside market growth.
As ESG expectations evolve, so must the data and insights that inform action.
At Denominator, we remain committed to equipping the world with the social data infrastructure needed to build more inclusive, transparent, and equitable economies.
