April is Climate month. As we continue to learn about the direct consequences of climate change, we pause to recognize our CEO Network members and portfolio companies who have chosen to use their time and talent every day in support of our planet.  

Stories from our Climate Founders

Carbon Lighthouse
Carbon Lighthouse is a pioneer of a software and financial solution that creates new income streams for commercial real estate owners based on achieved carbon savings. Co-Founder and CEO Raphael Rosen shared that the company signed a partnership last month with one of the largest medical office REITs in the world. In the first month alone of the partnership, they've eliminated more than 1,100 tons of CO2 emissions, generating $250,000 in new income for the REIT. Across the partnership, Carbon Lighthouse expects to be able to deliver 450,000 tons of CO2 reductions while generating more than $110,000,000 in new income for the REIT.

Chirps 
Chirps was featured in Scholastic Magazine this week, reaching every Public 2nd and 3rd grade school in America! Also, if you're looking for an eco-friendly snack, Co-Founder & CEO Laura D’Asaro reminds us that Chirps products are a great one. While their chips are currently out of stock, you can still get Roasted Cricket Snacks, Chocolate "Chirp" Cricket Cookies, and even EAT BUGs shirts.
 

Hooray Foods
What is the best plant-based bacon out there? According to this CNet article, Hooray Foods!  Founder Sri Artham’s favorite quote from the article: 
As it cooked, I could hear the signature sizzle on the stove and once the bacon was ready, there was a nice balance between the chewy, tender parts and the crispy, shattery border. I tried Hooray Bacon on a homemade BLT and realized that I couldn’t taste a lack of meatiness in the sandwich whatsoever.
 

Mango Materials:
Mango Materials Founder and CEO Molly Morse shared the company’s recent partnership with Allbirds, contributing the carbon-negative bioplastic eyelets to the world’s first net zero carbon shoe. Mango deployed this innovative new process that uses microorganisms to convert methane — the greenhouse gas sheep release when they burp — into a form of polymer that can be molded like other plastics, without the corresponding carbon footprint. Additional details can be found here.

New Wave Foods
Co-founder and CEO Michelle Wolf and New Wave Foods, a leading manufacturer of plant-based shrimp, recently received a National Restaurant Association FABI Award for its Bakeable Cajun Bread Plant-Based New Wave Shrimp®. This plant-based shrimp product is made from seaweed and plant protein with the same delicious bite, texture and taste of ocean shrimp. Wolf was also featured in Alt-Meat magazine.  

Sylvatex (SVX)
President & CEO Virginia Klausmeier and the team at SVX  are hard at work future-proofing the most expensive and carbon intensive component of lithium-ion batteries and electric vehicles, the cathode active material. Their one pot and dry synthesis process has the potential to be a game changer in reaching our climate goals through accelerating the adoption of clean energy and electric vehicles. SVX proprietary process broadens the range of material inputs with lower cost and less processed feedstocks, all while reducing CapEx needs, synthesis time, and the carbon footprint. Rear more here.

There are two pieces of research that are worth reviewing in the family office field.

The first is from The University of Pennsylvania Wharton School's Global Family Alliance- their study involving global family offices found that approximately 35% of all family offices surveyed are currently deploying or have plans to deploy ESG investments, and of those, 38% have less than 10% allocation to ESG strategies.  The executive summary of the report may be found here.

This is in concert with other research we have seen, some of which is discussed in “The Promise and Reality of Family Offices & Sustainable Investing” article here on LinkedIn. 

Another piece to call out is Credit Suisse’s "Family Office Guide to Impact Investing”, which found that 49% of family offices plan to increase their impact investing in the next 2-3 years, and when it comes to the next generation in a family office- 62% are already making impact investments, and 97% are interested to actively manage investments.  This research can be downloaded here.

All said, participation in sustainable and impact investing from the family offices ecosystem is poised for material growth- benefitting the impact economy and investors alike.

ABOUT ONE WORLD

ONE WORLD provides organizations training and capital to profitably increase social impact.  Based in the heart of Silicon Valley, we leverage our expertise in developing leaders to deliver innovative approaches to increase social impact in a way that it is profitable, sustainable, and scalable.  Our clients range from entrepreneurial start ups to Global 500 organizations, and we support a vibrant network of several thousand entrepreneurs, investors, and corporate professionals.  Additionally, the ONE WORLD Impact Fund invests capital into highly innovative social enterprises and supports our mission to enable organizations to scale their social impact and improve the lives of individuals globally.