Impact

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There is increasing evidence to support our initial investment thesis: that an investable market exists where supply chains and social sustainability intersect, driven by market forces, regulation and technology. In this section of our website we present evidence that we are having the impact we intend.

Our approach and IMM strategy

We improve working conditions for marginalized workers by applying emerging technology to global supply chains.

Some of our portfolio companies engage directly with workers in specific workplaces. Others help procurement executives assess entire supply chains and identify suppliers that empower rather than exploit.

We believe that reimagining the supply chain requires a holistic approach, and our investment portfolio reflects a diverse understanding of what equitable and responsible supply chains should look like. Due to the nuance of this approach, impact is measured by varying metrics, as appropriate for each portfolio company.

We invest in startups that can deliver three things:

  1. Impact against our theory of change

  2. Scaled implementation

  3. Sustained business growth

Our measurements of success include evidence for both impact and business success. While our financial metrics remain standard, our impact measurements require a more tailored approach, dependent on each portfolio company. For example, scope/reach is an appropriate metric for some of our portfolio companies that implement direct interventions with workers. Others of our portfolio companies capture social and labor data about millions of suppliers, and provide that data to private sector clients in procurement, risk management and supply chain functions, and to public sector regulators.

We have seen increasing evidence that our Fund investments are creating impact by:

  • Reaching over 1.9M workers in 2023 with information that helps them create safer and fairer conditions; 

  • Helping hundreds of multinationals avoid import bans or penalties due to the presence of forced labor or child labor in their operations or supply chains, by applying artificial intelligence to millions of data points about global trade to make supply chains more transparent;  

  • Finding ways to make supply chain responsibility profitable, by offering lower cost financing to suppliers that outperform on social and environmental metrics; reducing the cost of workers’ compensation insurance as a result of innovative computer vision safety practices; and engaging consumers with fact-checked claims that motivate purchases; 

  • Reducing the cost of labor migration, and thus reducing the risk of forced labor, by investing in recruitment agencies that commit to charging employers rather than workers for their services.

We believe that reimagining the supply chain requires a holistic approach, and our investment portfolio reflects a diverse understanding of what equitable and responsible supply chains should look like.

Evidence of Impact

Each year, we share a detailed look at our Impact Management and Measurement processes and findings. Our 2023 Annual Report is now available and can be found under Reports.

Reports

supply chains

social Sustainability

supply chains

social Sustainability

WCF
Investable

WCF Investable

WCF
Investable

Reducing the prevalence of
forced and child labour

uplift tods To adjust' climate transitions

Replace reality and parent
with dignified and empowerment jobs

Reducing the prevalence of
forced and child labour

At proved supply chain modeling has surfaced over
1M data points identitying forced labor

uplift tods To adjust'
climate transitions

venfiable ESG data coverng 5K
metrics fathered at source

Replace reality and parent
with dignified and empowerment jobs

759K+ workers reached

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