2020 Impact Report

Click the links below to download and view Working Capital's 2020 Impact Report and affiliated documents. 2020 Impact ReportDownload 2020 Impact Report SummaryDownload 2020 Impact Report Press ReleaseDownload

Our Views: Upstream Due Diligence in the Garment and Footwear Sector

As apart of the 2021 OECD Forum on Due Diligence in the Garment and Footwear Sector, Managing Partner Dan Viederman moderated a session entitled 'Upstream Due Diligence'.   A message from Managing Partner, Dan Viederman Thanks to the good people at the OECD Responsible Business Conduct unit, I had the pleasure of moderating a conversation...

Transparency: Theory of Change Spotlight

At Working Capital Fund (WCF), we invest in innovators. Our partners pioneer ways to disrupt complex supply chains that enable the exploitation of vulnerable workers, in accordance with our Fund’s Theory of Change (ToC).         We invest in companies which disrupt supply chain exploitation with the following tools: Transparency and Traceability,...

Leadership by Gender at Working Capital Investment Fund

Fewer than one-quarter of venture investments in the US go to start-ups with a female founder, and only one out of every seven goes to a female-led company, according to the latest All In report from Pitchbook and Microsoft.[1] At Working Capital Fund, our portfolio reflects a significant improvement on this industry statistic. We want to share...

How Innovation Can Help End Forced Labor in Global Supply Chains

This post is part of the Council on Foreign Relations’ blog series on human trafficking, in which CFR fellows and other leading experts assess new approaches to improve U.S. and global efforts to curb trafficking and modern slavery. This post was authored by Dan Viederman, Managing Director of the Working...

2020 Impact Report Press Release

Working Capital Innovation Fund Releases 2020 Impact Report Media Highlights: The Working Capital Innovation Fund supports systemic improvements in the protection of labor rights in global supply chains.Working Capital's 2020 Impact Report outlines the process for impact measurement and management, progress to date, and lessons learned for this...

WCIF Webinar: Pioneering Technology to Engage Workers

Technology is revolutionizing manufacturing and logistics in the global supply chain, but workers in the field and on the factory floor still suffer threats to their livelihoods, safety, and wellbeing. They lack information about their rights and the law, about health exposures, and about how to express concerns or access remedies to the...

FinTech With a Labor Lens

September 17th, 2020 Financial technology – “FinTech” – is an area where investment has led to impact on a large scale. As a former fintech investor, I’ve seen FinTech cover a diversity of interventions: digital-first banking, payments, insurance, alternative lending, capital markets, real estate, among many others.  In aggregate, they have been...

COVID-19: An opportunity for equality

Business & Human Rights Resource Centre Author: Ed Marcum, Managing Director, Working Capital Fund 19 Aug 2020 Read on BHRRC Website: https://www.business-humanrights.org/en/blog/covid-19-an-opportunity-for-equality/ COVID-19 has highlighted and exacerbated the gap between the haves and have nots and laid bare inequity and injustice on a...

Portfolio Company Spotlight: Phylagen Featured on The Today Show

New test allows employers to protect workers by swabbing for coronavirus on workplace surfaces: Phylagen has launched its Surface Test, enabling businesses (and others) to take a swab of a surface and detect if COVID-19 is present and in what concentrations. The Surface Test was featured on a recent segment of the Today Show (linked below)....

Portfolio Company Spotlight: Provenance Wins 1 Million Euro Prize

Provenance wins 1 million euro prize from the European Commission for ‘Blockchains for Social Good’ WCIF heartily congratulates the team at Provenance, a pioneer in using blockchain and other technologies to support the responsible business. This game-changing Award will support the expansion of Provenance’s Proof Points which are a way...

Our Reflections From Implementing A CSI Initiative

Corporate Social Investing June 2020 To the Editor of SSIR, I was pleased and encouraged to see your piece on The Rise of the Corporate Social Investor by Karoline Heitmann et al. New CSI approaches offer the potential to reimagine relationships between corporations and change agents and in the process do away with broken, old and limited...

Webinar: Innovative Finance to Address Bonded Labor in Supply Chains

June 2020 The Working Capital Fund seeks to scale innovative approaches that solve longstanding problems of labor exploitation in supply chains. One of the most persistent and egregious causes of labor exploitation in global supply chains is the requirement that migrant workers pay illegal and exorbitant fees to secure jobs overseas. As has been...