LONDON (Reuters) – Switzerland’s Zurich Insurance (ZURN.S) plans to more than double its “impact investments” to $5 billion (3.76 billion pounds), it said on Thursday, aiming to improve the lives of five million people a year. The target forms part of a move by insurers to tackle the causes of climate change and other
Creation of new impact investment program, managed by CA Capital Management, will accelerate the organization’s funding of research, exploration and education, inspiring solutions for the global good The National Geographic Society today announced it is dedicating $50 million from its $1.2 billion endowment to impact investments, furthering its commitment to understanding our planet and generating solutions for a
Morgan Stanley Investment Management Raises More Than $125 Million for its First Global Impact Fund Morgan Stanley Investment Management has raised more than $125 million in final commitments for its first global impact fund, PMF Integro Fund I (“Integro” or the “Fund”). Launched in partnership with the Morgan Stanley Institute for Sustainable Investing (the
The Rise Fund, a global fund committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns, today announced it has invested in EverFi, a leading provider of subscription-based digital learning to K-12 schools, universities, corporations, sports teams, and NGOs. This investment reaches two of the seven sectors identified as areas of focus
BATTLE CREEK, MICH. – The W.K. Kellogg Foundation (WKKF) announces the release of its 2016 annual report: “Real Change for Children: Creating Equitable Communities.” The report presents a preview of the foundation’s refined grantmaking priorities, which emerged following a series of 14 community conversations with more than 1,600 grantees and partners. The updated priorities –
ACCRA, Ghana – Reach for Change and the IKEA Foundation announced a new partnership that will help 120 outstanding entrepreneurs in Ethiopia develop social enterprises that improve the health, education and protection of children in Africa’s second most populous country. IKEA Foundation and @R4C_Africa join forces to help 84,000 children in #Ethiopia through social enterprise! #socent
A major commitment to be phased in over 10 years Largest commitment of its kind by a private foundation An effort to help advance the broader marketplace for impact investing Resulting MRI investments will initially focus on affordable housing, financial services “The next generation of innovation in philanthropic impact” NEW YORK / 5 April