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The Renewal Funds commitment to sustainability is central to both our investment approach and how we run our business.
Our management company is a Canadian founding B Corporation having received third-party verification of the company’s commitment to social and environmental sustainability. Renewal2 was selected to participate as a Global Impact Investment Rating System (GIIRS) Pioneer Fund; GIIRS is the leading third party rating system developed to standardize fund level impact measurement and reporting. In 2014, 2013 and 2011, we were chosen as an Impact Assets 50 Manager; the IA 50 is the first publicly available database of private debt and equity impact investment fund managers.
Renewal Funds Management Company is a 1% for the Planet member, donating 1% of management fees to a selection of environmental and charitable organizations.
We strive to be carbon neutral. Our office is powered by 100% green energy provided by Bullfrog Power. Since 2014, we've been working with Offsetters to offset emissions from our previous years's flights with high quality carbon offsets from the Great Bear Forest Carbon Project. We are also fortunate to lease office space in a Leed Gold certified building shared with other organizations working for social change.
The team is highly committed to sustainability in their personal lives and chose to join Renewal Funds from large established firms to align their personal values with their professional work.