# Purpose ESG

Purpose ESG is a Private Equity based in Vancouver, Canada.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Vancouver, Canada
- **Region:** North America
- **Address:** Royal Centre, Suite 1500, 1055 West Georgia Street, PO Box 11117, Vancouver, BC, Canada
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** purposeesg.com
- **LinkedIn:** https://www.linkedin.com/company/purposeesg

## Regulatory record

- **Reports private funds:** No

## About

Purpose ESG is an investment issuer building a portfolio of Clean Tech companies that support environmental, social, and governance (ESG) outcomes, with a focus on electrification, energy transitions, circular economy, carbon and new tech. It is an innovative investment platform focused on the profitable pursuit of Sustainability and ESG Technology, providing access to ESG investment opportunities. The firm works closely with its portfolio companies to drive their growth and success toward a smarter, cleaner, and more sustainable future.

## Sectors

- ClimateTech
- Energy Transition & Renewables
- Enterprise Software

## People

- Young Bann — CEO
- Kelvin Lee — CFO

## Questions

### Who runs investment decisions at Purpose ESG?

CEO Young Bann leads investment decisions. His background includes management consulting at Booz Allen & Hamilton and Accenture, a corporate executive role at General Electric, and serving as CEO of Hyundai Materials. The team also includes CFO Kelvin Lee and capital-markets advisor Mike Young (per the firm).

### Is Purpose ESG structured as a traditional venture fund?

No. The firm operates an investment platform that sources individual early-stage opportunities. Investors gain access on a deal-by-deal basis rather than committing to a blind-pool fund, which gives them direct line of sight into each company before they invest (per the firm).

### What investment stages does Purpose ESG target?

The firm invests from prototype stage to commercial launch, spanning start-up, growth, management buy-in, management buyout, and spin-off structures. It aims to deploy capital into 2–3 equity-linked investments annually (per the firm).

### How is Purpose ESG related to Eat & Beyond Global Holdings?

Purpose ESG is a portfolio company of Eat & Beyond Global Holdings, a publicly traded investment issuer. A July 2023 news release referenced this relationship when announcing the ClimateDoor partnership, creating a structure where an investment platform sits inside a public vehicle.

### What is the target return profile for Purpose ESG?

The firm targets medium-term returns of 12% or more on its early-stage equity investments. Exit paths include public offerings, management buy-backs, and trade sales (per the firm).

## Related profiles

- [Purpose Capital](https://altss.com/profile/purpose-capital)
- [Purposeful Strategic Partners](https://altss.com/profile/purposeful-strategic-partners)

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Last updated: 2026-08-11T15:07:49.000Z

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