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Technology Billionaire Bill Gates to Double Investment in Clean Energy Projects Over Five Years
Technology billionaire Bill Gates says he’ll plow $2 billion of his own money into breakthrough energy projects that reduce emissions and eschew fossil fuels. The planned investment doubles what Gates already has spent on early-stage energy companies geared to fight climate change, the Financial Times reported Thursday.
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Early Tesla Motors Investors Raise $400 Million Impact VC Fund
Two early investors in Tesla Motors Inc.TSLA +0.96% teamed up and raised a $400 million venture capital fund to back startups that have a positive social or environmental impact, Venture Capital Dispatch has learned.
- Categories
- Impact Assessment, Investing
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PRESS RELEASE: Report: Private Impact Investing Funds Yielded Financial Performance in Line With Non-Impact Funds
Private impact investment funds -- specifically private equity and venture capital funds -- that pursue social impact objectives have recorded financial returns in line with a comparative universe of funds that only pursue financial returns.
- Categories
- Impact Assessment, Investing
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U.S. States Want to Do Good: Here’s How Wall St. Is Helping
Goldman Sachs could be coming to a pre-K program near you. Or, at least, that may be the case in Pennsylvania.
- Categories
- Education, Impact Assessment
- Tags
- impact investing
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MyDentist Raises Around $8M From LGT Group, Existing Investors
Mumbai-based Total Dental Care Pvt Ltd, which runs dental care chain under the MyDentist brand, has secured Rs 50 crore (around $8 million) in its Series C round of funding led by LGT Venture Philanthropy, a global impact investing organization founded by LGT and the Princely Family of Liechtenstein.
- Categories
- Health Care, Investing
- Region
- South Asia
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Press Release: Calvert Expands Responsible Indexes; Launches New Funds
Calvert Investments, Inc., a global leader in Responsible Investing, announced today a major new initiative that the firm describes as the next step in the evolution of responsible investing. The firm is building upon its global Responsible Investing research expertise and has launched a suite of Responsible Indexes and related lower cost Index Funds that will track them.
- Categories
- Impact Assessment
- Tags
- impact investing
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What Nestlé Forgot to Mention When Giving Its Reasons for Scaling Down in Africa
Five years ago, Nestlé announced its bold expansion plan for the sub-saharan Africa region: a $161 million investment to build three new factories and 13 new distribution facilities. The desired outcome? Increased sales for the food multinational and 750 new jobs for the 21 countries in the region. This plan was inspired by the much-talked about economic revival of Africa and its “rising middle class”.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Thread Raises $3.5 Million Round for Clean Textile Innovation
Thread, a Pittsburgh-based startup dedicated to creating dignified jobs in the developing world, recycles plastic into socially responsible fabric.
- Categories
- Uncategorized