Resources
& Reports

DBL Partners provides reports to our Limited Partners and publications on industry issues for the impact investing community.

Investor Reports for Limited Partners

Impact Measurement

DBL Partners, and prior funds managed by DBL Investors, issues an annual Double Bottom Line Report for Limited Partners that reports on portfolio companies’ business and financial performance (First Bottom Line) as well as their social, environmental, and economic impacts (Second Bottom Line).

The most recent data for the reporting period ending December 31, 2020 showed that the DBL portfolio of companies (across all funds) employ 50,000+ individuals nationwide.

DBL Partners encourages its portfolio companies to site company headquarters or facilities in low- or moderate-income (LMI) areas or Enterprise Zones that positively impact the local tax base in areas that historically have lacked investment capital.

As of December 31, 2020, 61% of DBL’s Fund I portfolio companies have company headquarters and or facilities located in a low- or moderate-income area at the time of DBL’s initial investment.  As of December 31, 2020, 61% of DBL’s Fund II portfolio companies have company headquarters and or facilities located in a low- or moderate-income area at the time of DBL’s initial investment.   As of December 31, 2020, 50% of DBL’s Fund III portfolio companies have company headquarters and or facilities located in a low- or moderate-income area at the time of DBL’s initial investment.

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Papers & Presentations

Beyond The Burn

How New Technologies Can Grow the Use of Prescribed Burns, Creating Better Land Outcomes, Peace of Mind, and New Markets

Orange sky­lines, smoke-tinged air, emer­gency “go bags” packed—these are becom­ing all too famil­iar as extreme wild­fires become reg­u­lar occur­rences amid the cli­mate cri­sis. Today, we are liv­ing through Canada’s worst …
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Forests of Innovation

Models for Reimagining the Future of Forests

The impacts of cli­mate change are increas­ing­ly vis­i­ble, includ­ing severe fire sea­sons and extreme weath­er events that are becom­ing a reg­u­lar part of life for many Amer­i­cans. As lead­ers in …
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The Muse: Corporate Governance Toolkit

The HR land­scape is shift­ing with The Muse pro­vid­ing a two pronged solu­tion to align val­ues and bridge the gap. For com­pa­nies, The Muse pro­vides a plat­form to com­mu­ni­cate a …
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Got Organic? Welcome to the Age of 21st Century Organic Farming

You can only have so many bad years before you have to do some­thing dif­fer­ent to be prof­itable.” Three years ago, Bri­an Irlbeck—a farmer in Man­ning, Iowa—was not pleased with …
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Think Outside the Grid Africa’s Trillion Dollar Energy Opportunity

Sub-Saha­ran Africa is on the cusp of a tril­lion dol­lar tomor­row. Emerg­ing from a his­to­ry of lim­it­ed ener­gy access, the region has the oppor­tu­ni­ty to unleash over $1 tril­lion of …
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Unlocking Grid Data Enabling Data Access and Transparency to Drive Innovation in the Electric Grid

A white paper joint­ly authored by: Tech­Net, Sun­Spec Alliance, and DBL Part­ners Down­load the Paper Data access and trans­paren­cy are foun­da­tion­al to unlock­ing inno­va­tion in the design and opti­miza­tion of the …
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Creating Impact for Over a Decade — Programs & Metrics

SmarterMoney+Review Octo­ber 2016 pub­li­ca­tion pro­files DBL Part­ners & Sec­ond Bot­tom Line Pro­grams: SOLARCITY — Work­force train­ing and diver­si­ty pro­grams REVOLUTION FOODS — Build­ing wealth for its hourly work­ers Down­load the …
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THE 2017 INAUGURATION: Empowering a Clean Energy Nation

The ener­gy indus­try is at a major junc­tion. We’ve had our grandfather’s elec­tric­i­ty sys­tem for 100 years, with no major changes or inno­va­tions. Now, the ener­gy indus­try is in an …
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Clean Energy Employment Booming, Creates a More Diverse Workforce and Higher Quality Jobs

DBL Policy Brief

Solar employ­ment is up 86% since 2010, with 210K employ­ees expect­ed in 2015 Since 2010 the solar work­force has grown nation­al­ly from 93,502 work­ers to 173,807 work­ers in 2014 – an …
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Renewables Are Driving Up Electricity Prices. Wait, What?

Nancy E. Pfund & Anand Chhabra

The argu­ment that an increase in renew­able ener­gy in the Unit­ed States means more expen­sive elec­tric­i­ty has per­vad­ed the debate on renew­ables ver­sus fos­sil fuels for decades. A new DBL
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DBL and Revolution Foods:

Developing education programs for its hourly workers

This case study out­lines how DBL, in its capac­i­ty as a dou­ble bot­tom line investor, con­tin­ues to add val­ue for both Rev­o­lu­tion Foods and their employ­ees by work­ing close­ly with the …
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Beyond Campus Conflict Speech

How Impact Venture Capital Can Address Student Concerns While Furthering Endowment Investment Goals

Nancy E. Pfund

Pre­sent­ed at the Nation­al Asso­ci­a­tion of Col­lege and Uni­ver­si­ty Busi­ness Offi­cers Endow­ment and Debt Man­agers Forum on Feb­ru­ary 6, 2014 Nan­cy E. Pfund Down­load the Presentation

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Where to Build the Model S

The Case for Manufacturing in California

Tesla’s deci­sion to site in Cal­i­for­nia rep­re­sent­ed a devi­a­tion from the pre­vail­ing tra­di­tion­al approach­es to sit­ing fac­to­ries, which empha­size low labor costs and reduced reg­u­la­tions. Ear­ly in the sit­ing process, …
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What Would Jefferson Do?

The Historical Role of Federal Subsidies in Shaping America's Energy Future

Nancy Pfund and Ben Healey

This paper frames the ongo­ing debate about the appro­pri­ate size and scope of fed­er­al sub­si­dies to the ener­gy sec­tor with­in the rich his­tor­i­cal con­text of U.S. ener­gy tran­si­tions, in order …
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