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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.

Former NFL Champion Steps Into Food Sport in a “Souper” Way

Former New England Patriot Defensive End Jarvis Green Partners with the World Food Championships

Press Release – ORANGE BEACH, ALA. The World Food Championships (WFC) announced today that former New England Patriot Defensive End Jarvis Green and his company, Oceans 97, has signed on as an Official Food Sport partner for the 2018 competition in Orange Beach, Alabama. As a part of the new partnership, Oceans 97 will be joining Natural Tableware to co-sponsor WFC’s first Soup-or-Bowl Sunday event, which will be held on November 11 during the five-day food tournament. In addition to providing Soup-or-Bowl competitors with Oceans 97 shrimp to use in their dishes. Green will also help to determine this year’s World Seafood Champion as a Top Ten judge.

“We consider WFC competitors as top-level athletes in their own right, as they have to practice extensively and then battle it out in kitchen arena against a clock and other champions,” said Mike McCloud, President/CEO of WFC. “That’s why traditional sporting legends like Green are always a great addition to our event, as they can bring the sports mentality to all things food and help us celebrate culinary achievements.”

Since retiring from professional sports, Green shifted his competitive spirit into entrepreneurial pursuits. The former Patriot and two-time Super Bowl Champ has always enjoyed bringing family and friends together over a meal. After stepping off the football field, Green took his champion attitude and poured it into his love for seafood cuisine, beginning Oceans 97 in 2015.

Oceans 97, Inc. is a National Minority Supply Chain Company, and its shrimp are wild caught from the Gulf of Mexico by U.S. gulf coast fishermen. Green is devoted to sourcing local produce from local fishermen in North America. Oceans 97’s shrimp and shrimp products reflect Green’s commitment to locally sourced and natural products. His passion and drive have made him a leader in educating people about the health benefits of a diet rich in fresh and natural ingredients.

“I’ve heard a lot about Food Sport and the awesome competitors in this arena,” commented Green. “I can’t wait to huddle with the many champions at WFC and see firsthand how creative and passionate they are about the culinary industry.”

To learn more about Jarvis Green’s Oceans 97, visit http://oceans97.com/.

Click here to grab your tickets to Soup-Or-Bowl Sunday for a chance to meet Jarvis in person while sampling championship-worthy dishes from WFC Food Champs.

WFC’s Main Event is scheduled for Nov 7 – 11 at the Wharf in Orange Beach, Alabama. Stay tuned for more partner announcements about WFC 2018. To keep up with all WFC news, follow World Food Championships on Twitter (@WorldFoodChamp), and Facebook or Instagram (@WorldFoodChampionships)


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US SIF Statement on Climate Risk Disclosure Act of 2018 Introduction

“Climate risk reporting by public corporations has been hobbled by inconsistent and non-comparable data. Investors have been challenged because there is no clear disclosure regime that allows for true apples-to-apples comparisons. The Climate Risk Disclosure Act of 2018 will improve reporting on climate risk which will benefit investors and clarify reporting requirements for corporations.

“While the SEC already advises that climate change risks can be material for publicly traded companies, in which case they must report on climate risks to investors, companies are not required to report on climate issues in any standardized way through their SEC filings. Furthermore, the SEC has been lax in enforcing climate change disclosures.

“US SIF has called for robust environmental, social and governance (ESG) disclosure reporting since 2009. Meaningful disclosure reporting that provides comprehensive, comparable and reliable data is beneficial to many stakeholders, not just investors.”

The US SIF Foundation’s 2016 Report On US Sustainable, Responsible And Impact Investing Trends in the United States found that money managers with $1.42 trillion in assets under management and institutional asset owners with $2.15 trillion in assets considered climate change risk in their investment analysis, more than three times the assets so affected in 2014. The 2018 Trends Report, which will be released at the end of October, will again highlight and update the extent to which investors are considering climate change concerns and risks.


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Announcing the 2018 Finalists for the Young Leaders of the Americas Initiative (YLAI) Professional Fellows Program

Press Release – Washington, D.C.: The Bureau of Educational and Cultural Affairs of the U.S. Department of State and its imple-menting partner, Meridian International Center, are proud to announce the finalists for the 2018 Young Leaders of the Americas Initiative (YLAI) Professional Fellows Program. This program will bring 250 business and social entrepreneurs from Latin America and the Caribbean to the United States in September 2018 to collaborate with counterparts in busi-nesses and organizations in 20 cities across the United States. Through this exchange program, Fellows will advance their entrepreneurial ventures and build leadership skills to effectively contribute to social and economic development in their communities. Up to 60 U.S. hosts will be able to visit their Fellows in-country to provide guidance on their action plans while expanding their own contacts and markets abroad.

The YLAI Professional Fellows Program will begin on September 20 in Detroit, Michigan, followed by four-week fellow-ships throughout the United States. The program will conclude with a two-day conference in Washington, DC, where Secretary of State Mike Pompeo is confirmed to address the fellows. The Fellows return to their ventures with new skills, resources, ongoing support from U.S. counterparts, and an improved network, strengthening business ties between the U.S. and Latin America and the Caribbean.

The 2018 YLAI Professional Fellows were selected through a competitive application process, which attracted 2,500 ap-plications. These 250 business and social entrepreneurs represent 36 countries throughout Latin America and the Carib-bean and focus on topics including, but not limited to, agriculture, clean energy, consulting, e-commerce, education, en-trepreneurship development and support, food and beverage, health care, hospitality, LGBTQI, marketing and branding, mobile applications, and women and youth empowerment. We invite you to read their profiles here.

The Bureau of Educational and Cultural Affairs of the U.S. Department of State funded this program, which is implement-ed by Meridian International Center in partnership with 3 Day Startup and community-based members and universities throughout the United States.

About the U.S. Department of State’s Bureau of Educational and Cultural Affairs (ECA)

The U.S. Department of State’s Bureau of Educational and Cultural Affairs (ECA) builds relations between the people of the United States and the people of other countries through academic, cultural, sports, and professional exchanges, as well as public -private partnerships and mentoring programs. These exchange programs improve foreign relations and strengthen the national security of the United States, support U.S. international leadership, and provide a broad range of domestic benefits by helping break down barriers that often divide us. Visit https://eca.state.gov/ for more information.

For information on the YLAI Professional Fellows Exchange Program, please visit https://ylai.state.gov/.

About Meridian International Center

Meridian International Center is a premier nonprofit, global leadership organization headquartered in Washington, DC. Building on more than 55 years of experience, Meridian prepares U.S. and international leaders to meet global challeng-es and opportunities. Through various programs, Meridian delivers the approach and environment for leaders to under-stand global issues and cultures, exchange ideas, collaborate on solutions, and build valuable relationships.


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World’s Largest Accelerator Selects Top Six To Pitch at United Nations for US$1,000,000

Press Release – September 11, 2018, New York, New York. The Hult Prize Foundation today announced the top six startups who will present their ideas at the United Nations Headquarters in New York on September 15 for USD 1,000,000.

In partnership with the United Nations Office of Partnerships, more than 100,000 college and university students from 121 countries competed in the 9th Annual Hult Prize which is the world’s largest program for the creation and advancement of student entrepreneurs who are focused on impact. Since its inception the Hult Prize has engaged a global community of more 2.1 million college and university students.

The six finalists advanced to the final round at UNHQ after winning the semi-final stage of the year long program where they lived, worked, learned and played in the former residence of Henry the VIII — a castle sprawling over 190 acres just north of London. For 6-weeks over the summer, 200 student entrepreneurs representing 60 nationalities called the castle home, while they were incubated at the Hult Prize Accelerator — a world-class immersion based entrepreneur training program consisting of classes, workshops, mentoring, rapid-prototyping and pitching.

The top six, better known as the “UN6”, will now have the chance to pitch in-front of a star-studded panel of judges for the chance to take home the coveted Hult Prize and the one million dollars which comes with it. President Bill Clinton will again present the award, as he has done for nearly a decade, going on to say how “the ideas generated here will inspire a generation of change.”

The 2018 judges panel will include: Ibrahim AlHusseini, Founder, FullEnergy Cycle; Venus Brown, Founder and CEO, Buddah Brown Entertainment; Arianna Huffington, Founder and CEO, Thrive Global; Jeetu Patel, Chief Product Officer, Box; Paul Polman, CEO, Unilever; Kathleen Rogers, President, Earth Day Network; Taylor Scobbie, Founder and CEO, IMPCT Coffee; Bill Townsend, Co-Founder, Bluesource Companies; Elizabeth Thompson, Former Minister of Energy and Environment of Barbados and previous Assistant Secretary General of the United Nations; Hans Vestberg, CEO of Verizon and Kandeh Yumkella, Former United Nations Under-Secretary-General and the Special Representative of the Secretary-General for Sustainable Energy for All.

The UN6 represents 14 countries and will present ideas around how to harness the power of energy to sustainably improve the lives of 10 million people around the world, comprised of;

  • U-Light, an immediate, affordable and reliable energy solution for off-grid areas that empowers people to generate their own electricity on-demand.
  • Impact Rays, a smart irrigation solution leveraging solar energy to provide precision-based agriculture that increases farmers’ incomes by a 10x yield and saves water.
  • Noor Medical, a med tech startup with a safe surgery product line, including a hybrid solar-thermal autoclave, that makes safe surgery possible at rural off-grid healthcare facilities.
  • Phyta is company that has created an incentive and marketplace for coastal fishing communities to grow, sell, and invest in seaweed for a sustainable future.
  • SunRice, a sustainable supply chain solution dedicated to democratize the rice industry by increasing the amount and speed at which quality rice hits the market.
  • Empower Energy, a last-mile distribution start-up operating a micro-franchise model to deliver life-changing energy-enabled products and services to underserved communities in India.

To watch the finals live or for more information about the UN6 or to learn more about the The Hult Prize Foundation please visit hultprize.org


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Jackson Charitable Foundation and Discovery Education Launch Second Annual “Cha-Ching Money Smart Kids” Contest to Encourage Fiscally Fit Habits Among Youth

– Cha-Ching Money Smart Kids Launches Second Annual Pledge Contest Awarding $10,000 to a Winning School, Plus $1,000 for a Charity of their Choice –

– Standards-Aligned Resources for Educators and Families to Help K-6 Grade Students Become Financially Empowered Adults –

Press Release – Silver Spring, Md. (Friday, September 7, 2018) – Jackson Charitable Foundation, a nonprofit with the mission to advance financial knowledge on a national scale and Discovery Education, the leading provider of digital content and professional development for K-12 classrooms today announced the second annual Cha-Ching Money Smart Kids Contest! The contest invites elementary school teachers and families to take a pledge to teach kids how to “earn, save, spend and donate” for a chance to win $10,000 for their local school – plus an additional $1,000 for the charity of their choice. The winning school will receive a fun financial literacy event at their school featuring children’s educational media expert Dr. Alice Wilder, producer of Blues Clues and co-creator of Super WHY!, and the characters of Cha-Ching. Entrants may take the pledge up to once a day on behalf of their school from now through December 13, 2018.

“Anything we can do to help educators and families teach basic financial skills to young people is a win in my book,” said Danielle Robinson, executive director, Jackson Charitable Foundation. “Discovery Education brings Cha-Ching to classrooms across the country giving students access to these life-changing lessons. With this year’s pledge challenge, we’re hoping to reach even more students, making a positive impact in their futures.”

Cha-Ching Money Smart Kids is an engaging and fun financial education program designed to train the next generation of financially empowered adults. The program empowers youth with critical 21st-century skills by beginning high-quality financial literacy education in elementary school, where it can be fundamentally embedded in core learning experiences at a young age. Available at no-cost to classrooms nationwide, the program includes educator resources, family activities, animated videos and more.

“Cha-Ching, Jackson and Discovery Education are helping students develop money smart habits that will positively impact their families and future, said Dr. Trish Wallinger, St. Mary’s School Principal, winning school leader of last year’s Cha-Ching Money Smart Kids contest in Bellevue, Nebraska. “Encouraging students to retain strong money management concepts, and preparing them with the knowledge, tools and practice they need to lead fiscally disciplined lives will strengthen their ability to flourish as they mature.”

Cha-Ching Money Smart Kids! program elements include:

Engaging Music Videos — Helping children learn money management concepts with lively cartoon characters from the Cha-Ching Money Smart Kids! band. Storylines spotlight the importance of earning, saving, spending and donating, and help reinforce healthy money habits.

Classroom Activities — Providing K-6 educators with standards-aligned activities that pair with music videos to teach students how to be money smart.

Educator Guides — Enhancing educators’ background knowledge of financial literacy to better equip them to facilitate the classroom activities.

Family Activities — Offering parents, families and communities helpful tools to teach their children how to be money smart.

Sweepstakes — Promoting positive money habits and awarding deserving schools a $10,000 prize to build a brighter financial future, along with $1,000 to donate to a charity of their choice.

“Cha-Ching Money Smart Kids empowers educators to teach kids compelling ways to secure a financially liberating future,” said Lori McFarling, senior vice president and chief marketing officer, Discovery Education. “Discovery Education is excited to continue a collaboration with Jackson Charitable Foundation to train a new generation of learners and future leaders the building blocks of financial literacy.”

Launched in April 2017, these resources are available at www.cha-chingusa.org and through Discovery Education Streaming. For more information about Discovery Education’s digital content and professional development services, visit discoveryeducation.com. Stay connected with Discovery Education on Facebook, Twitter, Instagram and Pinterest @DiscoveryEd.


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The Henry Ford and STEMIE Coalition Join Forces to Strengthen Hands-on and Virtual Invention Education Offerings in All 50 States, Across the Globe

The Henry Ford and the STEMIE Coalition are joining forces to bring invention and entrepreneur education to students around the world.

Press Release – DEARBORN, MICH. (PRWEB) SEPTEMBER 06, 2018 – The Henry Ford and the STEMIE Coalition announced today they are joining forces to bring invention and entrepreneur education to students around the world through The Henry Ford’s unparalleled Archive of American Innovation and STEMIE’s global reach through its network of affiliate and partner organizations. Starting immediately, the STEMIE Coalition – best known for its National Invention Convention and Entrepreneurship Expo, NICEE – will become part of The Henry Ford organization.

“This is a marriage of missions,” said Patricia Mooradian, president and CEO of The Henry Ford. “The STEMIE Coalition’s mission to train every child in every school in invention and entrepreneurship skills aligns with The Henry Ford’s quest to move our country forward through innovation and invention. This will help us activate the hands-on experiences necessary for learning to a broader, more diverse audience.”

STEMIE hosted its 2018 national competition – the only national celebration of young K-12 inventors and entrepreneurs in the United States – at the Henry Ford Museum of American Innovation this past June. More than 400 students from 20 states and two countries qualified to attend. Seeing the success of this collaboration and others, it was apparent to both organizations that their combined resources and efforts could reach significantly more students in the early stages of their education – establishing a foundation for curiosity and inventiveness – and allow children to develop those skills over time so they’re actionable in the real world.

“Invention education is critical to realizing the return on investment in STEM learning,” said Danny Briere, CEO of the STEMIE Coalition. “STEMIE is the application of STEM skills while adding Invention and Entrepreneurship. This framework gives kids the skills needed to solve the problems of the world right now.”

This expands the pipeline of products available to address all age groups preK-12 and to increase the accessibility of invention education for students of all backgrounds.

In fact, at this year’s NICEE program, more than half of the inventors were female, more than a third were minority and a third were from financially underserved communities. A recent study from The Henry Ford shows that innovation, invention, and entrepreneurial learning provide further understanding of the world and can ultimately improve the lives of all.

“If taken seriously and intentionally, innovation, invention, and entrepreneurial learning can be used to increase equity and opportunity,” Mooradian said. “This is an investment in unleashing the next generation of innovators and entrepreneurs and creating tomorrow’s workforce.”

About The STEMIE Coalition

The STEMIE Coalition is a non-profit global consortium of invention education stakeholders and education change agents whose mission is to formalize project-based invention and entrepreneurship education in primary and secondary schools worldwide, with a near-term emphasis on the U.S. and a vision to globalize across the world. STEMIE currently has statewide programs in 23 states, invention convention presence in 46 states, and will be active in all 50 states within the next five years. STEMIE’s free, online K-12 National Invention Convention Curriculum, is supported by professional development training sessions all over the United States, and resources are found at http://www.inventionconvention.org. The National Invention Convention and Entrepreneurship Expo (NICEE), organized by The STEMIE Coalition, is the only national celebration of young K-12 inventors and entrepreneurs in the United States. NICEE 2019, presented by United Technologies Corporation, will be held at The Henry Ford Museum of American Innovation in Dearborn, Michigan, May 30-June 2, 2019. http://www.stemie.org

About The Henry Ford

The Henry Ford in Dearborn, Michigan is an internationally-recognized history destination that explores the American experience of innovation, resourcefulness and ingenuity that helped shape America. A national historic landmark with an unparalleled Archive of American Innovation, The Henry Ford is a force for sparking curiosity and inspiring tomorrow’s innovators. Nearly 1.8 million visitors annually experience its five attractions: Henry Ford Museum of American Innovation, Greenfield Village, The Ford Rouge Factory Tour, The Benson Ford Research Center and The Henry Ford Giant Screen Experience. A continually expanding array of content available online provides anytime, anywhere access. The Henry Ford is also home to Henry Ford Academy, a public charter high school which educates over 500 students a year on the institution’s campus. In 2014, The Henry Ford premiered its first-ever national television series, The Henry Ford’s Innovation Nation, showcasing present-day change-makers and The Henry Ford’s artifacts and unique visitor experiences. Hosted by news correspondent and humorist, Mo Rocca, this Emmy®-winning weekly half-hour show airs Saturday mornings on CBS. For more information, please visit our website http://www.thehenryford.org


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TD Ameritrade Launches Socially Aware Portfolios, Expanding Access to ESG Investing

New option for TD Ameritrade robo-advisor clients interested in sustainable investing

TD Ameritrade’s Socially Responsible Investing Survey infographic (Graphic: Business Wire).

Press Release – OMAHA, Neb.–(BUSINESS WIRE)— TD Ameritrade Investment Management, LLC (“TD Ameritrade”)1 today announced Socially Aware options for robo-advisor clients, helping investors to align their portfolios with their values by considering environmental, social and governance (ESG) factors when they invest.

“There is a growing appetite from investors of all generations, particularly millennials, for investments that provide additional value beyond the financial returns. We are pleased to offer them a low-cost, automated investing option in ESG-centric portfolios,” said Lule Demmissie, managing director of investment products and guidance, TD Ameritrade, Inc.

TD Ameritrade now offers five Socially Aware portfolios that provide exposure to ESG investing through well-diversified exchange-traded funds (ETFs) that are designed to suit different risk preferences and investing goals. The portfolios are available through Essential Portfolios, TD Ameritrade’s fully digital robo-advisor platform.

ESG investing assesses companies using a scoring system created by Morgan Stanley Capital International (MSCI), a leading provider of market indices. If a company earns a higher score than its industry peers across the three ESG categories (environmental, social, governance), it’s assigned a higher ESG rating, a growing factor in the investment decision-making process.

“We carefully reviewed the current ESG investment offerings available for investors today,” said Joe Correnti, director of guidance portfolio construction and management, TD Ameritrade Inc. “We then considered the investment vehicles that we believe best captured the essence of ESG investing, and would be appropriate for inclusion in our client portfolios,” Correnti explained.

In addition to launching Socially Aware for Essential Portfolios clients, TD Ameritrade is releasing insights from a new “Socially Responsible Investing Survey”:

Socially Responsible Investing Deemed Important, Especially by Women and Millennials

  • Almost one in three (30 percent) investors surveyed have considered making socially responsible investments, with women (34 percent) favoring the approach more than men (26 percent).
  • Forty-five percent of investors of all ages and 60 percent of millennials consider socially responsible investing important.
  • Nearly a third (30 percent) of investors would move their account to a different firm to gain broader access to socially responsible investment offerings, with almost half (47 percent) of millennials willing to switch.

ESG Investors Favor Environmental, Social Factors Over Financials

  • For those who consider socially responsible investments, social and environmental factors (67 percent) matter more than financials (30 percent). Rate of return is a top priority only for 17 percent of investors who considered socially responsible investments.
  • More than half (51 percent) of those who’ve considered socially responsible investments claim to have at least 21 percent of their total holdings dedicated to socially responsible investments.
  • Human rights is the most important value for investors who consider social values, closely followed by environmental impact, and diversity. Boomers tend to care the most about human rights, while millennials focus on environmental impact.

“With companies providing more extensive data about their ESG practices, in addition to ESG research and analysis methods becoming more advanced than ever before, investors can feel more empowered to address their desires for social and environmental change through their investments,” continued Demmissie. “By investing in Socially Aware portfolios, they can now further align investments with their values.”

To learn more about the Socially Aware feature available for TD Ameritrade Essential Portfolios clients, visit https://www.tdameritrade.com/investment-guidance/investment-management-services/essential-portfolios/esg-investing.page.

Carefully consider the investment objectives, risks, charges and expenses before investing. A prospectus, obtained by calling 800-669-3900, contains this and other important information about an investment company. Read carefully before investing.

ETFs can entail risks similar to direct stock ownership, including market, sector, or industry risks. Some ETFs may involve international risk, currency risk, commodity risk, leverage risk, credit risk and interest rate risk. Trading prices may not reflect the net asset value of the underlying securities. Commission fees typically apply.

Morgan Stanley Capital International and TD Ameritrade are separate and unaffiliated and not responsible for each other’s services or policies.

About TD Ameritrade Holding Corporation

TD Ameritrade provides investing services and education to more than 11 million client accounts totaling more than $1.2 trillion in assets, and custodial services to more than 6,000 registered investment advisors. We are a leader in U.S. retail trading, executing an average of more than 780,000 trades per day for our clients, more than a quarter of which come from mobile devices. We have a proud history of innovation, dating back to our start in 1975, and today our team of nearly 10,000-strong is committed to carrying it forward. Together, we are leveraging the latest in cutting edge technologies and one-on-one client care to transform lives, and investing, for the better. Learn more by visiting TD Ameritrade’s newsroom at www.amtd.com, or read our stories at Fresh Accounts.

Brokerage services provided by TD Ameritrade, Inc., member FINRA (www.FINRA.org)/SIPC (www.SIPC.org).

Prior to enrolling in the Socially Aware portfolios, please read TDAIM’s whitepaper and see the TDAIM Disclosure Brochure (Form ADV Part 2A) http://www.tdameritrade.com/forms/TDA4855.pdf

Advisory services are provided by TD Ameritrade Investment Management, LLC (“TD Ameritrade Investment Management”), a registered investment advisor. Brokerage services provided by TD Ameritrade, Inc. TD Ameritrade Investment Management provides discretionary advisory services for a fee. Risks applicable to any portfolio are those associated with its underlying securities. For more information, please see the Disclosure Brochure (Form ADV Part 2A) http://www.tdameritrade.com/forms/TDA4855.pdf

About the TD Ameritrade Socially Responsible Investing Survey

A 10-minute online survey was conducted with 1,056 American adult investors with at least $250,000 in investable assets by True North Market Insights, between March 16, 2018 and March 19, 2018, on behalf of TD Ameritrade Holding Corporation. The statistical margin of error for the total sample of 1,056 American adults within the target group is +/- 2.6 percent. TD Ameritrade and True North Market Insights are separate and unaffiliated firms and are not responsible for each other’s services or policies.

Source: TD Ameritrade Holding Corporation

[1] Socially aware portfolios and other advisory services are offered through TD Ameritrade Investment Management, LLC, a registered investment advisor affiliate of TD Ameritrade, Inc. (“TD Ameritrade”) and a subsidiary of TD Ameritrade Holding Corporation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180906005134/en/


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Global Impact Investing Network: More Capital Required To Achieve U.N. Sustainable Development Goals

Impact investors must proactively target 2030 Sustainable Development Goals to help address a massive global funding gap

Press Release – NEW YORK, September 6, 2018 – The Global Impact Investing Network (GIIN) today published a new report, ‘Financing the Sustainable Development Goals: Impact Investing in Action’, that reiterates the need for impact investors to raise and direct new capital to help meet the United Nations’ Sustainable Development Goals (SDGs) by 2030. With an estimated $5-7 trillion needed annually to achieve the goals, it is clear that more capital, deployed by investors whose aims align with these goals, is an absolute requirement. The report, released in advance of the agenda for the UN’s Global Goals Week, Sept. 22-29, showcases the potential for impact investing to catalyze progress towards these goals.

A series of case studies illustrates the evolution of increasingly sophisticated and targeted approaches by impact investors directing capital towards the SDGs. From designing investment products around one or several SDGs to making those goals a focus of their capital raising, the investors in the GIIN report show how to proactively target and incorporate them throughout the investment cycle. This includes during sourcing and due diligence, investment selection and structuring, investment management, and exits.

“The SDGs are an embodiment of the global agenda for development, and if we are to meet them by 2030, the collective effort of governments and private organizations needs to scale at a much faster pace. Despite some early progress, the need is more urgent than ever to inject new capital into high-impact businesses that address critical social and environmental challenges,” said Amit Bouri, CEO and Co-Founder of the GIIN. He added, “Through these case studies, we are highlighting investors and their strategic approaches to the SDGs, which we hope will inspire those in the investment community to consider how they too can take active roles in helping achieve these goals.”

The investors featured in the report, many of which target market rates of return, include:

  • Blue like an Orange Sustainable Capital, which operates a Latin America fund that targets SDGs focused on ending poverty and promoting good health, quality education, gender equality, sustainable communities, and responsible consumption. Its mezzanine debt investments in Brazil, Chile, Colombia, Mexico, and Peru bolster the unmet demand for loan capital from commercial banks in the region. The mezzanine debt segment provides flexibility for borrowers and attractive returns for investors.
  • Incofin Investment Management, which operates private equity and debt funds focused on financial services and agriculture with a total of $1 billion under management. It incorporated the SDGs into its due diligence and investment management process across all its managed and advised funds and has made 60 investments globally that target market-rate returns while pursuing these aims.
  • The Mirova Land Degradation Neutrality Fund project, launched in 2017, which specifically targets SDG 15, Life on Land, investing in projects that promote land degradation neutrality through, for example, reforestation and preventing desertification. Mirova has raised $120 million of a projected $300 million to provide long-term financing to investees in sustainable agriculture and forestry projects that demonstrate positive environmental and social practices.
  • PGGM, a Netherlands-based asset manager for pension funds, which makes investments in food, health, water, and climate, will invest EUR 20 billion (US $22.6 billion) by 2020 to address SDGs focused on eliminating hunger and promoting good health, clean water and sanitation, clean energy, and responsible consumption.
  • Partners Group, an impact investor based in Switzerland, which launched the PG LIFE investment strategy this year, a private markets fund seeking market-rate financial returns alongside measurable progress towards ending poverty and promoting good health, quality education, and clean energy.

“What we see in these examples is a proactive, focused approach to the SDGs,” said Bouri. “It isn’t enough now to simply “tag” relevant investments to SDG issue areas, although this is a good first step. What the world urgently needs is significantly more investment capital being channeled to these social and environmental priorities. The SDGs have been called ‘the world’s hardest to do list’, but with the help of leaders in the private capital markets, they may be achievable.”


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Controversial Artist Vincent Valdez Launches New Shoe Line in Partnership with SAVEDx Aimed to Save Art Education Programs for Kids

The First Edition of Shoes Will Be Imprinted with the Valdez Painting, Till Then

Press Release – Renowned Artist Vincent Valdez is joining forces with SAVEDx, a new fashion label that partners with established artists to produce limited-edition goods and donates a portion of the proceeds to art education programs. Valdez’s painting, ‘Till Then (‘15), which currently resides in a private collection in Aspen, CO, will be imposed onto each pair of sneakers and released in limited quantities. Valdez’s work often brings to light social justice issues—from white supremacy in the United States to racial justice in Latino communities—and has been on the radar most recently for his piece, The City (‘15-16).

SAVEDx Founders Todd Widell and Vincent Valdez believe the opportunity to create a brand that champions art itself can become more than just a fashion staple. The launch coincides with the company’s goal of giving back to art education programs. The Smithsonian Latino Center’s Young Ambassadors Program, a curriculum for graduating high school seniors that fosters Latino leadership in the arts, sciences and humanities via the Smithsonian Institution and its resources, and MindPop, an organization that helps children from all backgrounds receive an arts-rich education, have been named as the first two benefactors from SAVEDx.

SEE THE SHOE LINE HERE: https://savedby.co

Initially, the shoes will be distributed solely at museum stores. The Massachusetts Museum of Contemporary Art and the Museum of Fine Arts, Houston, are the first museums to sign on as retail partners, and more partnerships are imminent.

“Working creatively with SAVEDx is an effort to inspire young minds through art education,” said Vincent Valdez. “Art education was not readily available in my community and in my youth. This project is but one small way of helping to change this for others and to help forge creative opportunity for the next generation.”

“Designing an original shoe line is step one,” said Todd Widell, Founder of SAVEDx. “With SAVEDx, we’re looking to expand the influence of the art world well beyond the confines of a gallery and invite consumption from a larger demographic—with the mission of enriching the lives of young people with critical art education programs. Fashion will always remain a core product offering at SAVEDX, and we’re excited to design other one-offs and ‘goods’ as our artist collaborations evolve.”

“We are excited to be an official partner with SAVEDx, as it will not only help to strengthen our Smithsonian Undergraduate Internship Program, but also increase awareness of our cultural institution,” said Vincent Price Art Museum Director Pilar Tompkins Rivas. “The museum looks forward to Vincent’s edition as we know it will help us advance our mission of being a unique educational resource for ELAC students and the community we serve.”

“Vincent Valdez’s intellect and superior craftsmanship may only be surpassed by his genuine and generous spirit and commitment to community,” said Eduardo Diaz, Director of the Smithsonian Latino Center. “Pilar is doing terrific work with VPAM and the Smithsonian Undergraduate Internship program, and they’re a most-worthy beneficiary of this product line that will continue to create pathways for future Latino museum professionals. It’s already a success and positioned to achieve better outcomes.”

SAVEDx’s unofficial brand steward on the fashion side of the business is Michelle Franz at Findings Inc., the collection showroom that represents the likes of Isabel Marant, Apiece Apart, and multiple other lines of influence. Widell states, “Michelle is our source of balance and input on all facets of the business; her insight continues to be priceless as we segue into direct sales and exclusive retail opportunities.”


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Good Returns Launches New Program with ORIX USA That Will Change How Corporations Give Back

Unique Model Enables ORIX to Reinvest Funds and Make a Greater Impact on Communities

Press Release – Dallas, TX – September 5, 2018 – ORIX USA Corporation (“ORIX”), through its foundation, announced today that it will deploy $250,000 in capital to Good Returns in the form of a one-year, interest-free loan, or “Cycle.” This Cycle, which is Good Returns’ first-ever with a multi-national corporation, will utilize the capital to help impact organizations scale sustainable programs that align with the ORIX Foundation’s key focus areas of basic needs, children, education, empowerment, health and veterans.

The ORIX Foundation was able to make this impact investment separate from their capital pool used for grant-making because of Good Returns’ unique model, which guarantees that participating companies will have 100 percent of their capital returned following each one-year Cycle. The financial guarantee also enables the ORIX Foundation to reinvest the funds into future Cycles, creating an impact multiplier that will supplement its already established grant-making activities.

“In line with the values established by ORIX, our foundation seeks financially innovative models that maximize the impact we create in our local communities – something we’ve certainly found in Good Returns,” said Carol Greene, ORIX Foundation Director. “Our partnership in this new program will empower other companies and corporate foundations to do the same.”

After four years of successful Cycle programs with partner organizations, Good Returns has built infrastructure to facilitate bigger investments from larger companies. Good Returns sought out the ORIX Foundation because of their mutual dedication to increasing social impact through innovative solutions to pressing community challenges.

To date, the ORIX Foundation has invested more than $12 million in solutions to complex community issues.

“This partnership will establish a new and effective way for companies and corporate foundations to mobilize more of their resources for doing good in their communities,” said Kyle Lukianuk, President of Good Returns. “We are thrilled to be partnering with ORIX to elevate our program to a whole new level.”

Good Returns utilizes corporate capital to lend ­– interest-free and fully guaranteed – to the most promising impact organizations aligned with the participating company’s impact priorities. In addition to capital, the Cycle also provides a platform in which customers, employees and other company stakeholders share the stories of impact – growing awareness and creating action.

The selection of recipient impact organizations for the ORIX/Good Returns Cycle is currently being finalized and will be announced in the coming weeks.


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