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MySocialGoodNews is dedicated to sharing news about
social entrepreneurship, impact investing, philanthropy
and corporate social responsibility.

Crowdfunding for Social Good

Devin D. Thorpe

Devin Thorpe

Social Entrepreneurship

This category includes articles about social entrepreneurs, typically about businesses with a for-profit model with a social mission embedded into the fabric of the business.

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Array Technologies Steps into its Next Era of Innovation with New CEO

Jim Fusaro announced as new CEO of 29-year old Array Technologies

Press Release – MUNICH, Germany (June 19, 2018) – Leading solar tracking manufacturer, Array Technologies, introduced Jim Fusaro as the company’s new CEO at Intersolar Europe Tuesday. He will be succeeding company founder, Ron Corio. Fusaro is a senior executive with more than 30 years of technology-related experience in multinational corporations. Corio, who started the business nearly three decades ago and is known throughout the industry as the pioneer of solar tracking technology, will continue to serve in a leadership capacity as founder and board member. The announcement comes as the company embarks upon a new era of global expansion. Corio says that the decision to bring Fusaro in as CEO supports the company’s impressive growth trajectory.

“It has been an incredible journey from our humble beginnings almost three decades ago. With the long term goal to advance the worldwide adoption of clean sustainable solar energy, this is another landmark in the company’s storied evolution.” said Corio, “I am confident that Jim is the right choice to lead our next chapter, enabling us to thrive in a global environment, while maintaining Array’s commitment to innovation, engineered simplicity, advanced technology, and exceptional customer service.”

Jim Fusaro has served as a senior executive for multinational corporations including Motorola, Amkor Technology, Avnet, and global conglomerate, Honeywell. With a wealth of mechanical engineering and business experience, Fusaro has excelled in leading cross-functional teams and growing multi-billion dollar enterprises.

“I am excited for the opportunity to serve as the CEO at Array Technologies and to make a significant impact in the global energy transition,” said Fusaro, “The next chapter at Array will expand upon the legacy it has been built upon; we will focus on technology development, innovation and business operations with a driven intention to lead the worldwide utility-scale solar market.”


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Urban Street Angels Declared Winner of Mission Edge’s Social Enterprise Accelerator + Impact Lab Final Pitch Night

Press Release – June 20, 2018 – San Diego, CA – A panel of local social enterprise moguls have officially named Urban Street Angels the winner of Mission Edge’s Social Enterprise Accelerator + Impact Lab (SAIL) Pitch Night on June 12th at The Honor Foundation. Urban Street Angels also received the Audience Choice Award at this Shark-Tank style pitch event. Throughout the evening, five program finalists pitched their social enterprise business models to a live audience of community members, funders, and the panel of expert judges.

During and following the event, more than $65,000 in funding was committed to SAIL participants through The San Diego Foundation (TSDF) Social Enterprise Fund. A sponsor of SAIL, TSDF established the Social Enterprise Fund to support the nonprofit community by empowering organizations to develop and grow sustainable, revenue-based business models in alignment with their social missions. At the pitch event, Kathlyn Mead, TSDF President & CEO, announced that TSDF would match up to $25,000 in contributions made to participating SAIL organizations through the Social Enterprise Fund through June 20th.

Urban Street Angels’ social enterprise, 8 West, produces and sells premium soap handcrafted in San Diego by homeless youth working to leave the streets behind for good. Its name refers to the western end of Interstate 8 at Ocean Beach, which has one of the largest homeless population of youth in San Diego. 8 West provides employment, vital job skills, and soft skills to create a more employable workforce and, most importantly, hope for the future of homeless youth. Their soap and candles are available for purchase online at 8west.org, at the Holistic Science Co. in Ocean Beach, and at Seaside Market in Encinitas.

“I’m blown away,” said Urban Street Angels Founder and Executive Director Eric Lovett. “If I could say one thing about this experience, it would be to urge other organizations to participate in the SAIL program. The lessons we learned were invaluable, and the connections made throughout the experience continue to impact our organization in a way that we didn’t realize was possible. This truly is a great program.”

This is the second cohort of Mission Edge’s SAIL program, which empowers nonprofit organizations and purpose-driven businesses to develop sustainable business models based on earned revenue. SAIL provides a rich curriculum with content, tools, workshops, and lectures that help social entrepreneurs build and test their ideas. During the 14 week accelerator leading up to this event, 10 participating organizations completed five modules of curriculum, ranging from business model validation to professional pitch training, in preparation to launch or scale their social enterprises. Participants in the program worked closely with hand-picked mentors, subject matter experts, and Mission Edge’s advisory services to propel their social enterprise businesses forward.

“Being a lead mentor in Mission Edge’s SAIL program has been an incredible, mutually beneficial experience for me as an individual, a representative of Qualcomm, and as a lover and supporter of all things entrepreneurial,” says Kyle Moss, Qualcomm’s Wireless Reach program manager. “The organizations that earned their spot in the accelerator are all of such high-caliber that it has demanded an incredible network of players to come together for major, positive impact; the time spent has been well worth it and will have long-lasting beneficial impact waves throughout San Diego and beyond.”

Urban Street Angels received a $4,500 cash prize, three months at The Muse for Social Good co-working space, 10 hours of pro bono consulting from Diamond and Branch Marketing Group, and 18 hours of Mission Edge’s social enterprise consulting services. All participating organizations will receive 5 hours of Mission Edge’s consulting services, and one month of co-working space at The Muse for Social Good.

Finalists in the SAIL final pitch night included Urban Street Angels, iSAFE, YOUME Clothing, East County EDC, and TutorChat. SAIL is sponsored by The Qualcomm Foundation, The San Diego Foundation, The Walmart Foundation, San Diego Workforce Partnership, Mitchell International, Cox, First Republic Bank, The Honor Foundation, ResMed, Procopio, Tablecloth, and Diamond and Branch Marketing Group,. To learn more about SAIL, please contact Mission Edge at sail@missionedge.org, and connect with us on social media @MissionEdgeSD and by using #SailwithMissionEdge.


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Newday Investing Brings Impact Investing to the Mainstream

New app enables consumers to invest in proprietary portfolios for social good with a $5 minimum

Press Release – SAN FRANCISCO, June 19, 2018 /PRNewswire/Newday Investing, a financial technology and institutional asset management company bringing socially responsible investing to the mainstream, today announced the public opening of its platform and its availability in the iOS store. With just a $5 minimum, investors can choose among six proprietary, themed funds that are tailored to the causes investors identify with most.

Newday is the first and only mobile app offering a true asset allocation approach to impact investing based on modern portfolio theory, with personalized recommendations based on an investor’s interests. Each Newday Impact Portfolio is a unique and targeted investment strategy built to benefit a specific area of impact: global impact, climate change, gender equality, animal welfare, ocean health and freshwater. The investment team at Newday is led by Cara Barr, chief strategy officer and former director of investment strategy at BlackRock.

“Our mission is to make socially conscious investment solutions and education available to anyone and everyone, and our proprietary investment strategies are the lynchpin of that commitment,” CEO Doug Heske explained. “Rather than simply being a distribution channel for off-the-shelf investment products, we wanted to demonstrate that it’s possible to offer affordable, accessible, specialized and institutional-grade portfolios that could achieve the same or better rate of return while putting money to work for good.”

The six proprietary funds available to investors at launch are:

  • Global Impact: Companies with core businesses addressing social and environmental challenges in accord with United Nations Sustainable Development Goals.
  • Climate Action: Companies operating at significantly reduced greenhouse gas emissions or developing technologies used to reduce greenhouse gas emissions.
  • Gender Equality: Companies with employment policies offering similar benefits for family and caring responsibilities to women, men, non-binary and transgender individuals.
  • Animal Welfare: Companies considering animals’ well-being, including adequate housing, nutrition, disease prevention and treatment, responsible care and humane handling.
  • Ocean Health: Companies that work for the protection and preservation of ecosystems in oceans and seas, such as restoring damaged marine ecosystems and preserving vulnerable species.
  • Freshwater: Companies that lead their respective fields in maximizing water efficiency and are committed to combating pollution and ensuring affordable and equitable access to water resources.

Each portfolio will benefit a selected NGO partner, which will receive 5 percent of the portfolio’s management fees. Newday’s Global Impact Equity is partnering with Conservation International while the benefiting organization for the Ocean Health portfolio is the Lonely Whale Foundation.

“Creating a healthier, more prosperous planet is an urgent challenge requiring new and creative approaches,” said Anastasia Khoo, chief marketing officer of Conservation International. “We’re proud to partner with Newday to encourage investors at all levels to direct their investing dollars to companies that reflect their values.”

Dune Ives, executive director of Lonely Whale, said, “Lonely Whale is excited to see the potential impact that can arise from Newday’s Oceans portfolio. It is inspiring to see investors’ commitment to clean water, protecting marine life, and creating meaningful positive change for our planet.”

Newday Co-Founder and President Alex Meek said, “Our ultimate goal is to reallocate capital to better companies on a massive scale. By investing in socially responsible and sustainable companies, we can not only generate competitive returns but also change the way that people make their investment decisions.”

Newday’s board of advisors has deep financial services and sustainability expertise and includes:

  • Wayne Osborne, CEO of a major Bay Area family office
  • Nancy Heinen, former general counsel at Apple Computer for 17 years
  • Wendy Harrington, former EVP and chief marketing officer at Franklin Templeton Investments
  • Rich Moran, former president of Menlo College and partner at Venrock VC
  • Mark Michael, former general counsel at 3Com
  • Nathan Dungan, CEO of financial education company, Share Save Spend
  • Mark McKee, president, Capital Alternatives Group and board member, Hall Capital Partners

Newday was founded in 2016 by Alexander Meek and Anthony Randazzo, who bring strong backgrounds in asset management and technology development, respectively. Doug Heske, CEO, brings more than 22 years of investment management leadership.

About Newday Investing

Based in San Francisco, Newday is a technology-enabled asset manager that provides affordable, transparent and easy-to-understand impact investment solutions to the mass market. By investing in socially responsible and sustainable companies, Newday aims to generate competitive return and, most importantly, drive meaningful change in the way companies in our portfolios adopt environmental, social and governance (ESG) practices and policies. In order to be effective in driving positive impact on corporate behavior, Newday adopts an active ownership model, engaging with companies’ decisions as they affect their stakeholders including communities, employees and shareholders.

For more information visit www.newdayinvesting.com

SOURCE Newday Investing


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Discovery Education and Arconic Foundation Launch ‘Manufacture Your Future Teacher Challenge’

— Nationwide challenge invites educators to design an in-school experience that inspires the next generation of manufacturing leaders —

Press Release – Silver Spring, Md. (Tuesday, June 19, 2018) – The accelerated advancement of technologies like 3-D printing, robotics and artificial intelligence welcomes a new realm of career possibilities in manufacturing for K-12 students. Discovery Education, the leading provider of digital content and professional development for K-12 classrooms and Arconic Foundation, the independently endowed philanthropic arm of Arconic, announced today the first-ever Manufacture Your Future Teacher Challenge. The program calls upon educators to inspire students in grades 3-12 to take the first step toward exploring and pursuing modern manufacturing careers.

Teachers working alone or in teams will create a video pitch and a written proposal for an in-school experience that will bring manufacturing careers to life for their students, and support them in exploring different career pathways in advanced manufacturing. The winner will receive a $5,000 grant to put the proposal into action at their school.

As manufacturing continues evolve and require new skill sets, employers are in need of qualified workers who are passionate about the industry. The Manufacture Your Future Teacher Challenge empowers educators to connect classroom-based STEM lessons to enriched, real-world career experiences so that students have opportunities to gain valuable workplace skills prior to graduation.

“Innovation is fundamental to manufacturing and this challenge aims to open students’ eyes to the endless possibilities available to them in advanced manufacturing,” said Arconic Foundation Vice President of Global Communications and Program Development Suzanne van de Raadt. “Teachers foster design thinking and creativity in the classroom that lends itself to innovation. We’re proud to partner with a like-minded organization like Discovery Education to inspire next wave of future manufacturing leaders.”

Written proposals from applicants must include the following:

  • A description of the proposed in-school experience;
  • A description of how a $5,000 grant would be used to implement the experience;
  • Information about the individuals who will plan and host the event;
  • A description of the intended student audience for the event;
  • A list of critical resources, including at least one Manufacture Your Future resource; and
  • An explanation of how the students will benefit from the experience, including how it will inspire them to explore different career pathways in advanced manufacturing.

“Learning experiences that encourage students to imagine unique solutions for their world outside the classroom are those that last a lifetime,” said Discovery Education Vice President of Corporate Education Partnerships at Discovery Education Kristin Hirst. “The ‘Manufacture Your Future’ program embodies our mission to transform learning by partnering with a leading organization like Arconic.”

In the fourth year of the program, the Arconic Foundation and Discovery Education escalate a collaborative effort to inspire the next generation of manufacturing leaders and innovators by introducing the teacher challenge. Through the Manufacture Your Future partnership, Arconic employees will also guide students through the development of 3D printed parts for commercial and space vehicles during a Virtual Field Trip on October 5 in honor of Manufacturing Day.

The Manufacture Your Future Teacher Challenge opens on June 18, 2018 and closes on October 19, 2018. To learn more, visit: manufactureyourfuture.com. For more information about Discovery Education’s digital content and professional development services, visit discoveryeducation.com. Stay connected with Discovery Education on Facebook, Twitter and Instagram @DiscoveryEd.


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Camfed Announces New Board Chair in the US

Education and equality champion Sally Osberg joins the Campaign for Female Education

Press Release – SAN FRANCISCO, CALIFORNIA, USA – June 19, 2018 – Camfed, the Campaign for Female Education, announced today that it has appointed Sally Osberg to become the new chair of its USA board of directors.

“Sally’s leadership, intellect, integrity and commitment to the cause we serve combine to make her the perfect chair to lead Camfed USA into the next phase of our evolution,” Ann Cotton, Founder and Trustee of Camfed said.

Sally Osberg has been a pioneer of social change with a long history of social entrepreneurship. She was the first President and CEO of the Skoll Foundation, serving in that role for over 17 years. During her tenure, Sally developed platforms to engage government, business, and civil society leaders to advance large-scale structural solutions to complex problems, funding more than 100 social entrepreneurship endeavors across five continents.

She helped establish the Skoll Centre for Social Entrepreneurship at the Saïd Business School of Oxford University, create the annual Skoll World Forum on Social Entrepreneurship, and build enduring partnerships with organizations such as TED, the Sundance Institute, and the Social Progress Imperative.

Osberg has been recognized for her leadership, including as one of Silicon Valley’s Millennium 100 by The Mercury News and as a NonProfit Times Top 50 Power and Influence awardee. Currently she serves on the Advisory Council of the Elders and on the boards of the Social Progress Imperative, the New America Foundation, and the Palestine-based Partners for Sustainable Development.

“Social change is driven by dedicated people who pursue their goals in solidarity with those they serve,” Sally Osberg said. “For this reason I am proud to be working with Camfed to help provide girls with the education they deserve and the chance to transform their communities.”

Osberg has a long history partnering with Camfed. In 2005, Camfed was awarded the Skoll Foundation Award for Social Entrepreneurship. Since then, many Camfed leadership and alumnae have participated at the annual Skoll World Forum as featured speakers and guests, and Sally has played a strong advisory role in Camfed’s growth, particularly in the development of Camfed’s alumnae network, CAMA.

“We are thrilled that Sally has agreed to lead the Camfed USA Board,” said Miranda Curtis, Chair of the Board of Camfed International. “Her depth of knowledge of Camfed’s work, her own expertise and her standing in the international development community will all be huge assets as we plan Camfed’s next stage of growth.”

For more information about Camfed, visit camfed.org.

About Camfed:

Over the last 25 years, Camfed has supported more than 2.6 million children through school and improved the learning environment for more than 5 million children. Their successful, community-driven model is implemented at 5,745 partner schools in Ghana, Malawi, Tanzania, Zambia, and Zimbabwe. And Camfed’s alumnae organization, CAMA, now has 120,000 active leaders, entrepreneurs and philanthropists continuing to make a difference in their communities.


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You’re telling me technology is used for good? You’re crazy!

By Corey Harnish, CEO of Better World International.

A look inside a technology revolution that’s more about making a difference than just being the next billion dollar evaluation.

What would you say if I told you there was a shift happening in our society?

A shift to a more responsible world. A world where it’s more than just profits. Where companies are purpose-driven and leverage their influence for good.

Would you think I’m crazy? Or could you believe it?

Well you should, because it’s happening right now.

Meet #Tech4Good.

A social movement that Nissa Ramsay of Think Social Tech describes as,”a community of people, projects, organisations, and funders promoting the role of technology to improve social, environmental, and economic outcomes.”

Traditionally, it has mainly been the not-for-profit sector making a social impact, yet business acumen was low, and funding for technology was inexistent.

Millennials are changing that.

Social Entrepreneurs, Changemakers, Idealists, and Dreamers are showing up with passion and purpose for their careers, creating businesses that exist to make an impact.

This has put pressure on existing corporations to become more socially responsible.

So rather than producing technology just for profits, there are more and more products popping up that literally make a positive impact either as a by-product or directly.

Credit Tech for Good Hub.

Well that’s cool, but why’s it so important?

Look at the world around you.

There are many problems that face our communities whether it’s access to resources, equality, environmental degradation, shall I go on?

Without technological advancements it is hard to scale and create measurable social impact to alleviate these issues, let alone compete with profit-seeking competitors.

#Tech4Good focuses on making a tangible social impact first, and puts profits second.

By leveraging technology for good, we will create scalable impact, alleviate global problems, and have the means to measure a program’s effectiveness.

What’s more, technology is so versatile we can use it in an infinite amount of ways:

Data protection, community development, financial security, health and wellness, individualized education, sustainable living. The list can go on and on.

Awesome point! So what kind of impact has #Tech4Good had?

There’s this awesome app called Panda that uses artificial intelligence to help visually impaired people by bringing “eyes into ears.” By holding your camera up, your phone is able to identify what is in front of you and then speak it aloud to you.

Besides that, over 100 Syrian families in refugee camps have been helped by blockchain! Through AID.TECH, families received $10,000 transparently distributed as donations, used in partnership with a local supermarket, and provided security of personal identity. [1]

And just one more, it’s probably my favorite. PainSquad. These people are awesome. They had a hard time optimizing administration of pain medicine for young cancer patients. So they created a fun app where the child gets notifications to record pain levels and locations throughout the day. This allowed doctors to more effectively prescribe medicine.

But that’s just a little taste. There honestly are hundreds of programs out there using #tech4good.

Like these amazing organizations leading this technology revolution:

Better World International: We’re a tech not-for-profit that develops game-based social impact projects. Our flagship project, The Good Cards, is a real-time mobile app for doing good deeds where you can track your ripple effect of kindness. It is designed for Social Emotional Learning and Youth Participation within schools, as well as applications for cause marketing and customer engagement social impact initiatives in corporations.

Consensys: Builds decentralized applications and various developer and end-user tools for blockchain ecosystems, primarily focused on Ethereum. Consensys is an impact hub that is leveraging its network to help build successful companies that intend to make a social impact.

DoSomething.org: A digital platform powering offline action. DoSomething.org creates social change campaigns to mobilize youth all over the world, and has done things like: cleaning up 3.7 million cigarette buds and donating one million pairs of jeans in a single year.

I wanna join the movement!

There are so many ways you can get involved.

For starters, head on over to The Good Cards where you can grab a free Good Card and start your own chain reaction of kindness.

You can also check out this neat article on 7 projects that make real positive impact with technology.

Oh yeah, and if you know of some other really cool social impact projects, please share on the LinkedIn post for the rest of us to see.

#Tech4Good

Further reading

[1]: https://makesense.org/en/article/7-projects-that-make-real-positive-impact-with-technology/

This post was originally published here


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Costco Introduces Apeel Avocados To Improve Quality & Prevent Food Waste

  • Apeel avocados are rolling out at Costco, marking Apeel Sciences’ first U.S. supplier and retailer partnerships.
  • Avocados with Apeel have double the ripe time, which means a better quality avocado with more time to enjoy and less food waste.
  • Plant-derived Apeel naturally slows down produce spoilage — without the use of refrigeration or preservatives.

Press Release – SANTA BARBARA, CALIFORNIA (JUNE 19, 2018) — Apeel Sciences, recently named a 2018 CNBC Disruptor 50, today announced Del Rey Avocado Company is supplying Apeel avocados to Costco Wholesale (COST) stores in the U.S Midwest. Additionally, Apeel avocados supplied by Eco Farms are now available at Harps Food Stores, an Associated Wholesale Grocers chain of supermarkets in the Midwest. The announcement marks the company’s first U.S. fresh food supplier and retail partnerships and an important moment in the battle against the $2.6 trillion dollar per year global food waste crisis [1].

The U.S. retail food sector generates eight million tons of waste annually in distribution centers and stores, or $18 billion a year in lost value for retailers [2]. What’s more, Americans throw away more than 400 pounds of food per person, costing a household of four an average of $1,800 annually [3]. Apeel is the first plant-derived solution for extending produce shelf life, which dramatically reduces food waste at the supplier, retailer, and consumer levels. Additionally, since avocados with Apeel maintain quality and optimal ripeness twice as long, without requiring the use of refrigeration or preservatives, it’s now possible to bring better quality avocados to supermarkets across the U.S.

“We’re excited to be working with exceptional partners as they share our vision of a food system that provides better quality food for all and less waste. With our partners, we believe we can increase the availability and accessibility of high quality, nutritious produce while simultaneously preserving our natural resources and environment,” said James Rogers, CEO and Founder of Apeel Sciences.

“Del Rey Avocado is excited to provide the first Apeel Avocados to Costco. Del Rey Avocado takes pride in ensuring that the highest quality avocados make it to the consumer each and every time,” said Jessica Hunter, Vice President of Production for Del Rey Avocado Company.

HOW APEEL WORKS

Every plant on earth has a peel or skin that protects it. From oranges to apples to tomatoes and raspberries, the materials found in the skins and peels of plants are ubiquitous and consumed in the human diet in high quantities every day. Made of these same materials, Apeel adds a little extra peel to the surface of fresh produce that naturally reinforces the plant’s own peel and slows the rate of water loss and oxidation — the primary causes of spoilage. Produce with Apeel stays fresh two to three times longer, which promotes more sustainable growing practices, better quality food, and less food waste from farm to retail shelf to home. For suppliers and retailers, Apeel is the only plant-derived postharvest solution that creates an optimal microclimate inside of every piece of produce, which leads to improved quality, extended shelf life, and transportability — without requiring refrigeration, controlled atmosphere, or preservatives.

For more information, see the Apeel FAQ.

ABOUT APEEL SCIENCES

Apeel Sciences is a company that’s fighting the global food waste crisis by utilizing nature’s tools to prevent waste in the first place — a sustainable approach to the world’s growing food demands. The company’s plant-derived technology helps USDA Organic Certified and conventional fresh food growers, suppliers, and retailers improve product quality and extend shelf life, which minimizes food waste from the farm to the retail shelf to the kitchen.

Apeel Sciences was founded in 2012 with a grant from the Bill & Melinda Gates Foundation to help reduce postharvest food loss in developing countries that lack access to refrigeration infrastructure (i.e., a cold chain). Today, Apeel formulations have been proven effective at reducing the rate of spoilage for dozens of USDA Organic Certified and conventional produce categories, and the company works with partners ranging from smallholder farmers and local organic growers to the world’s largest food brands and retailers.

Founded by CEO James Rogers, PhD, Apeel Sciences investors include Andreessen Horowitz, DBL Partners, Upfront Ventures, S2G Ventures, Powerplant Ventures, The Bill & Melinda Gates Foundation, and The Rockefeller Foundation. The company is recognized as a Friend of Champions 12.3 and a 2018 CNBC Disruptor 50, and recently won a 2018 AgFunder Innovation Award for its plant-derived technology.

Visit Apeel’s website for information on the company’s partners and partnership inquiries.

[1] FAO, Global Cost of Food Waste, 2018.
[2] reFED, Retail Food Waste Action Guide, 2018.
[3] NRDC, Wasted: How America Is Losing Up to 40 Percent of Its Food from Farm to Fork to Landfill, 2017.


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Morgan Stanley Survey Finds Sustainable Investing Momentum High Among Asset Owners

  • Institutional investor survey shows 70% of investors have already implemented ESG strategies; 84% of asset owners are pursuing or actively considering ESG integration in their investment process
  • Lack of data and perception of financial trade-off are identified as main hurdles to implementation

Press Release – June 18, 2018 09:41 AM Eastern Daylight Time: NEW YORK–(BUSINESS WIRE)–A majority of individual asset owners are now pursuing sustainable investing to manage risk and drive returns, according to a new survey published today by the Morgan Stanley Institute for Sustainable Investing and Morgan Stanley Investment Management. The new survey polled 118 public and corporate pensions, endowments, foundations, sovereign wealth entities, insurance companies and other large asset owners worldwide, 60% of which had total assets over $10 billion. The survey gathered insights about trends, motivations, challenges and implementation approaches in sustainable investing. By rounding out the sustainable investing landscape with the views of asset owners, this work builds on Morgan Stanley’s previous Sustainable Signals studies focused on individual investors and asset managers.

“With this growing momentum in sustainable investing, third-party managers have an opportunity to increase implementation by improving reporting tools and education, and developing capabilities to align portfolios with owners’ unique objectives.”

“As interest in sustainable investing continues to rise, we see investors pursuing a range of approaches with their assets,” said Rui de Figueiredo, Co-Head and CIO of the Solutions and Multi-Asset business at Morgan Stanley Investment Management and Head of the Division’s Sustainability Council. “The growing sophistication among asset owners about when and how to integrate ESG into the investment process creates opportunities to tailor strategies and provide customized portfolio solutions that help investors meet their financial and impact goals.”

Asset owners cite risk management and potential for returns as top drivers of interest in sustainable investing. But despite the recognition of these opportunities, asset owners still highlighted the need for better data and investment information as a challenge to greater uptake.

“The survey results identify a strong commitment to incorporating ESG criteria into investment strategies among asset owners. However, there is still a gap between interest and implementation – with investors citing access to quality ESG data as a top concern,” said Hilary Irby, Co-Head of Global Sustainable Finance at Morgan Stanley. “With this growing momentum in sustainable investing, third-party managers have an opportunity to increase implementation by improving reporting tools and education, and developing capabilities to align portfolios with owners’ unique objectives.”

Results from the survey identify sustainable investing trends reflecting the increasing growth in the impact investing sector as a whole. Key findings include:

  • Momentum is high in sustainable investing
    • 84% of asset owners are pursuing or actively considering pursuing ESG integration in their investment process
    • Of those, 60% began implementing ESG strategies in the last four years and 37% within the last two years
    • 70% of asset owners have already implemented ESG strategies; 49% of those have implemented ESG across their entire portfolio and 21% have implemented them in a portion of their portfolio
  • Increased sophistication and adoption of multiple approaches
    • 78% said risk management was an important factor driving sustainable investing at their organizations, and 77% said return potential was important
    • Asset owners are pursuing multiple approaches to sustainable investing, led by ESG integration
    • 78% seek to align their investments with the U.N. Sustainable Development goals or are considering doing so
  • Still room to grow
    • 77% of respondents agree they have a responsibility to address sustainability through their investments, yet;
    • Proof of market-rate financial performance remains the top challenge
    • Lack of tools and data is a barrier – only 42% feel they have adequate tools to assess

For more information, please see Sustainable Signals: Asset Owners Embrace Sustainability and report.

The Morgan Stanley Institute for Sustainable Investing

The Morgan Stanley Institute for Sustainable Investing builds scalable finance solutions that seek to deliver competitive financial returns while driving positive environmental and social impact. The Institute creates innovative financial products, thoughtful insights and capacity building programs that help maximize capital to create a more sustainable future. For more information about the Morgan Stanley Institute for Sustainable Investing, visit www.morganstanley.com/sustainableinvesting.

Morgan Stanley Investment Management

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 581 investment professionals around the world and $469 billion in assets under management or supervision as of March 31, 2018. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im

Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.


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Impact Entrepreneur Center And Rockefeller Philanthropy Advisors To Host International Leadership Summit In The Berkshires From July 10-12, 2018.

Philanthropy Transforming Finance: Building an Impact Economy gathers 45 leaders from the philanthropy sector and impact economy systems thought leaders from North America, South America and Europe for a two-day conference. The summit focuses on how philanthropy can better support effective systems change that creates a sustainable and equitable economy.

Press Release – SHEFFIELD, MASSACHUSETTS: Berkshires-based Impact Entrepreneur and Rockefeller Philanthropy Advisors are gathering several dozen of the leading figures in philanthropy, impact investing, and systems thinking in the Berkshires to grapple with major global challenges that are impacting communities in every part of the world. As outlined in the United Nations’ 17 Sustainable Development Goals (SDGs), which were unanimously approved by the UN’s 193 member states, including the U.S., massive investment is necessary to address the cumulative effects of a growing global population, ecological degradation and rampant social inequities. The impact investing sector grew by 17% in 2017 to $114 billion, according to the Global Impact Investing Network. Yet, according to the United Nations Conference on Trade and Development, $5-$7 trillion is needed to achieve the SDGs.

Private foundations in the United States alone hold approximately $1 trillion in endowment assets, yet only spend approximately 5% of that figure each year on their grant-making and other charitable distributions. Contributions that this capital is making to anything more than incremental change is limited. Viewed and deployed using a wider, systemic perspective, with a more ambitious and courageous agenda, and with an emphasis on transformation, the sector’s resources can meaningfully contribute to building an impact economy. This would represent a proactive approach to solving complex social and environmental challenges, and achieving the Sustainable Development Goals, by putting economies and finance in service of the well-being of people and the planet.

According to Heather Grady, vice president of Rockefeller Philanthropy Advisors, the convening “will bring together funders and leaders in systems thinking who have a commitment to working collaboratively and proactively to move the impact economy agenda forward. We will explore the landscape, problems, gaps, opportunities, resources, and action steps, aiming to define approaches and build momentum that can be maintained both as a group, and through our respective networks.“

Laurie Lane-Zucker, founder and CEO of Impact Entrepreneur, which has 18,700 members in 150+ countries in its global network of systems-minded entrepreneurs, investors and scholars, adds that “this gathering of major players in sustainable development and financing from three continents furthers our goal of establishing our Center and the Berkshires as a gathering place for the global thought leaders of impact, and assists our efforts to establish a regional impact economy in the Berkshires and the northeastern United States.”

Participating organizations include the Ford Foundation, one of the largest philanthropic institutions in the world and a leader in impact investing; Ellen MacArthur Foundation, the global leader in circular economy advancement, based in the UK; The B Team, a global group of business leaders including co-founder Richard Branson that was formed to catalyze change for the well-being of people and planet; Porticus, an international organization headquartered in the Netherlands that manages and develops the philanthropic programs of charitable entities; the Aspen Institute’s Network of Development Entrepreneurs; as well as Massachusetts-based Boston Impact Initiative and Solidago Foundation (Northampton). View the full list of participating organizations here.

ABOUT THE SPONSORS

IMPACT ENTREPRENEUR

The Impact Entrepreneur Center for Social and Environmental Innovation’s mission is “to create and support a global movement of impact entrepreneurs who are building an “impact economy” populated by triple bottom line businesses fueled by impact investments.” IEC is a regional & global epicenter for entrepreneurs, investors, scholars and students of social and environmental impact, as well as others passionate about creating, accelerating and scaling profitable enterprises that drive measurable, impactful change. IEC is active in education, incubation and the overall building of the social impact space — partnering with thought-leading companies, organizations and institutions in an effort to transform the business landscape so that it is more responsive to the epochal social and environmental challenges facing humanity. The Center’s work is supported by the Impact Entrepreneur Network, a global network of systems-minded entrepreneurs, investors and scholars of social and environmental innovation (18,700 members), and Impact Entrepreneur, LLC, a consulting company that works with early and growth stage impact companies, impact investors and educational institutions. www.impactalchemist.com

ROCKEFELLER PHILANTHROPY ADVISORS

Rockefeller Philanthropy Advisors (RPA) is a nonprofit organization that currently advises on and manages more than $200 million in annual giving by individuals, families, corporations and major foundations. Continuing the Rockefeller family’s legacy of thoughtful, effective philanthropy, RPA remains at the forefront of philanthropic growth and innovation, with a diverse team led by experienced grantmakers with significant depth of knowledge across the spectrum of issue areas. Founded in 2002, RPA has grown into one of the world’s largest philanthropic service organizations and, as a whole, has facilitated more than $3 billion in grantmaking to nearly 70 countries. RPA also serves as a fiscal sponsor for more than 50 projects, providing governance, management and operational infrastructure to support their charitable purposes. For more information, please visit www.rockpa.org.


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USC Shoah Foundation and Discovery Education Announce 2018 IWitness Video Challenge Winners

– Fifth Annual IWitness Video Challenge Inspires Students to Take Action to Counter Hate, Bias and Intolerance Nationwide –

Press Release – Silver Spring, Md. (Monday, June 18, 2018) – In an effort to spark a social movement against hatred in all forms, USC Shoah Foundation – The Institute for Visual History and Education – and Discovery Education, the leading provider of digital content and professional development for K-12 classrooms, today announced the winners of the 2018 IWitness Video Challenge. A group of Chicago, Ill. students have inspired their classmates and community to embrace each other’s unique differences, specifically as it relates to the challenges of American immigrant communities. This year’s first-place winners of the short video contest, which invited students to be inspired by testimony of survivors of genocides and mass atrocities to make a positive contribution to their communities, are FanXuan Peng, Israel Gomez, Jennifer Tegegne, and Yannie Wang of Northside College Preparatory High School (Chicago Public Schools). The team will be generously donating their $5,000 grand prize to Northside’s “DREAMers & Allies Club” to be put towards educational initiatives and programming related to immigration.

Initiated by USC Shoah Foundation in 2013 and designed to provide actionable ways to promote empathy and empowerment while also challenging bias and intolerance, the 2018 IWitness Video Challenge encouraged students to make a change in communities nationwide. To participate in the contest, students first listened to the testimonies of survivors and witnesses of genocide. They then completed a research-based and standards-aligned activity, which inspired the development of community action projects to counter hate. To enter the Challenge, students were required to document their experiences in video essays for submission. This year’s winning video essay starts with the testimonies of two Holocaust survivors, Herman Cohn and Liesl Loeb, who immigrated to the United States as children.

“Following our reflection on the IWitness testimonies, we were propelled to improve our school community by helping immigrants avoid experiencing fear and discrimination,” said FanXuan Peng, Northside College Prep student and IWitness Video Challenge winning team member. “The perception of America shouldn’t be of a divided country between natives and immigrants, but rather a melting pot where different ethnicities have endured some form of discrimination yet have thrived.”

After viewing the testimonies, FanXuan, Israel, Jennifer, and Yannie were inspired to create a project that brings awareness of the ongoing struggle immigrant students and their families face, and tackles the important topic of discrimination in modern society.

The winning “Stronger Than Hate” project showcases an “immigration timeline” that connects historical experiences of bias, intolerance, and marginalization from one community to another, with the overall goal of demonstrating how discrimination is a collective struggle rather than a personal one. The project ultimately underscores how impacted communities have managed to lead fulfilling and successful lives after migrating to the United States.

“The students from Northside focused on the timely subjects of immigration and discrimination with great sensitivity,” said USC Shoah Foundation Director of Education Claudia Ramirez Wiedeman. “I was particularly impressed with how inclusive their work was by demonstrating that any group can be marginalized.”

This year’s contest, the fifth annual, offers prizes for scholarships and additional money for educators and schools. In all, $10,000 in prizes are being awarded courtesy of Ford Motor Co., which sponsors the event as part of its commitment to innovative educational outreach. The contest was open to middle and high school students across the U.S. and in Canada, with the exception of Quebec.

Also helping to make this year’s challenge successful was the Institute’s partner Discovery Education, which administered the Challenge, and helped maximize reach and impact through its deep partnerships with school systems, administrators and educators worldwide.

In addition to splitting a $5,000 college scholarship, the winning students have secured a $2,500 grant for their school to be used to improve their community. Their teacher, Charles Milbert, will receive a $1,000 grant to help cultivate tolerance and empathy among the student body.

A $1,000 scholarship went to second-place winners Anthony McArdle, Kristian Morris, Shawnee Cranfill and Trenton Grace of Northern High School in Dillburg, Pa. (Northern York County School District). Their “Northern High School Pen Pal Project” aided students in leveraging the power of the pen to celebrate each other’s similarities instead of one another’s differences. After uniting project participants, students felt more connected and enjoyed getting to know students they otherwise may not have met. A $500 scholarship also went to Bernadette Carney, Emma Foursha, Kiera Songhurst, and Rebecca Bornstein from Our Lady of Good Counsel School in Moorestown, N.J. for their project “Acceptance,” which encouraged students to anonymously reveal their struggles and work together to publicly accept and celebrate their differences.

“Discovery Education’s collaboration with the USC Shoah Foundation connects students with powerful ways to promote equality and challenge bias through immersive, peer-to-peer educational experiences that motivate them to build a better future, said Discovery Education Chief Marketing Officer and Senior Vice President Lori McFarling. “We congratulate this year’s IWitness Video Challenge winners for underscoring that discrimination and intolerance is not a personal struggle, but rather a collective one, and we applaud their thoughtful approach to discouraging bigotry in all its forms.”

The contest is based on one the more than 200 activities found in IWitness, USC Shoah Foundation’s free educational website. The website brings the human stories from the Institute’s Visual History Archive – the world’s largest repository of testimony from survivors and witnesses to the Holocaust and other genocides – to teachers and their students via engaging multimedia learning activities.

Last year’s winners inspired their fellow classmates to celebrate their diverse identities with a project called, “Who Are You? Embracing Identity in Our Community.” Previous winners wrote kind notes to every student in their school, while the first winner documented her determination to stand up for undocumented workers after being moved by testimonies of Holocaust survivors who described their struggles being undocumented immigrants themselves.

“I have observed growth, development and an enhanced understanding of the importance of human rights and advocacy after encouraging my students to participate in the IWitness Video Challenge,” said Karen Wells from Midland High School in Pleasant Plains, Arkansas. “For many students, participating in the experience is transformative and has proven to be a catalyst for stronger relationships within our school community.”

For more information, visit the IWitness Video Challenge website.

For more information about Discovery Education’s digital content and professional development services, visit DiscoveryEducation.com. Stay connected with Discovery Education on Facebook, Twitter and Instagram @DiscoveryEd.

To read the full press release and for IWitness Video Challenge images, visit HERE.


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