Company Directory - Vast Ventures
Company Details - Vast Ventures
Vast Ventures
WebsiteVast Ventures is a venture capital firm that invests in various startups and emerging companies across different sectors.
CCI Score
CCI Score: Vast Ventures
-35.83
0.03%
Latest Event
Deficient Human Rights Framework in Venture Capital
A recent white paper from VentureESG highlights pervasive gaps in the implementation of human rights frameworks among venture capital firms, calling into question the adherence to crucial labor and human rights standards. While Vast Ventures is not explicitly mentioned, as a VC firm it is implicated by industry-wide practices which often neglect robust human rights commitments, due diligence, and effective remediation measures.
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TOADIE
Vast Ventures is currently rated as a Toadie.
Latest Events
- MAY242024
A recent white paper from VentureESG highlights pervasive gaps in the implementation of human rights frameworks among venture capital firms, calling into question the adherence to crucial labor and human rights standards. While Vast Ventures is not explicitly mentioned, as a VC firm it is implicated by industry-wide practices which often neglect robust human rights commitments, due diligence, and effective remediation measures.
-40
Business Practices and Ethical Responsibility
March 18
The white paper provides a critical analysis of the venture capital sector's failure to integrate comprehensive human rights policies, effective due diligence, and remediation mechanisms as outlined by the UN Guiding Principles on Business and Human Rights. This reflects negatively on VC firms broadly, raising concerns about potential complicity in systemic human rights oversights. Although Vast Ventures is not singled out, the discussion is pertinent to its operational context within the VC industry.
- OCT052021
An analysis inspired by the article 'Reimagining investment: Human rights in venture capital' which highlights how many venture capital firms fail to integrate robust human rights due diligence into their investment processes, potentially complicit in financing repressive technologies and practices.
-50
Labor Relations and Human Rights Practices
March 18
The article underscores a systemic issue within the venture capital industry, noting that many firms do not implement adequate human rights due diligence. For a firm like Vast Ventures that invests in startups shaping future technologies, this neglect may indirectly support the development of surveillance and repressive technologies, thus contributing to broader authoritarian practices. The lack of clear human rights policies in investment decisions is seen as a serious ethical shortcoming.