Summary of BCG-Backed Venture Investor B Capital Announces Senior Appointments to Lead Climate Platform – ESG Today
TLDR:
- B Capital announces two senior appointments to expand its climate investment platform.
- Rich Lesser, former BCG Global Chair, appointed as Vice Chair, Climate & Sustainability.
Multi-stage venture investment firm B Capital has appointed Rich Lesser, former BCG Global Chair, as Vice Chair, Climate & Sustainability, and Jeff Johnson as General Partner to lead the climate business. B Capital, founded by Facebook co-founder Eduardo Saverin and Raj Ganguly, focuses on technology, healthcare, and climate sectors. The firm’s climate platform invests in businesses working towards achieving net zero targets, with recent investments in startups like Patch and Accacia. Lesser, who served as CEO of BCG from 2013 to 2021, will work on driving B Capital’s strategic direction in climate and sustainability. Johnson, coming from Temasek, will lead the climate business and help businesses scale their commercial performance and long-term climate impact.
Overall, these appointments aim to strengthen B Capital’s position in climate investment and support their portfolio companies in achieving sustainability goals.
