Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders...

14
Natural disaster risk Transfer Solutions Discussion Flow Fink Family Foundation Fink Family Foundation Background and History Impact Investing: General Overview What We Do Current Trends Relevant for Jamaica and Region Fink Family Foundation Current Focus Area Food Waste Mission Investors Exchange

Transcript of Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders...

Page 1: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

Discussion Flow • Fink Family Foundation • Fink Family Foundation Background and History

• Impact Investing: General Overview

• What We Do

• Current Trends Relevant for Jamaica and Region

• Fink Family Foundation Current Focus Area • Food Waste

• Mission Investors Exchange

Page 2: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

V

Natural disaster risk Transfer Solutions

1979 Forestry School - Betsy and Jesse graduate

1998 Business Model Innovation

Jesse Fink Founding COO of priceline.com

2000

Family Office and Family Foundation

Socially Responsible Investing, Issue Based Investing

2007 “Low Carbon Economy” Investing

2016 Next Gen | Transparency | CSR

Page 3: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

Impact Investing = Investing

• Look for quality deal flow

• Execute due diligence

• Invest in quality teams

• Gain Board positions for value-add

• Manage risks

• Ensure exit rights and strategy in place

** Impact investing provides the added social and environmental benefits consumers are expecting now

Page 4: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

Purpose and Strategy

• Purpose – Solve large scale environmental problems with market-based solutions

• Strategy – “Venture Philanthropy”

• Take Risks

• Use all capital buckets

• Build partnerships

• Our Impact Investing - Forms of Capital

• Financial, Human & Intellectual

• Our Impact Investing – Potential Partners

• Large Foundations, Corporates, VC, Private Equity

Page 5: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

Above the curve reflects using proprietary research to generate higher returns

or lower risk than the market

Filling the gap The road less traveled

Page 6: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions Now Future

Post WW2 Now

Current Trends – Be Early

Centralized Systems

Companies built for profit Philanthropy fixes problems

Distributed Systems: Energy, Food, etc…

For profits solving problems at scale

Transparency| Social Media | Collaboration

Corporate Silos

Page 7: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

Business case for a circular economy is compelling. Analysis by McKinsey

estimates shifting towards circularity could add $1 trillion to the global

economy by 2025 and create 100,000 new jobs within the next five years

Now Future Circular Economy Development

Post WW2 Now Extractive Economies

Image from Ellen Macarthur Foundation

Current Trends – Be Early

Page 8: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

U.S. Food Waste: Problem & Opportunity

Page 9: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

ReFED is a nonprofit collaboration formed in 2015 of over 30 business, nonprofit,

foundation and government leaders committed to reducing food waste in the United

States. Approximately 40% of food grown and distributed in the U.S. is wasted.

In March 2016, ReFED launched A Roadmap to Reduce U.S. Food Waste by 20 Percent,

the first ever national economic study and action plan driven by a multi-stakeholder

group committed to tackling food waste at scale.

What is the ReFED Roadmap?

Page 10: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

Page 11: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

ReFED Economics & Investments

Page 12: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

ReFED Investment Opportunities

Page 13: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Natural disaster risk Transfer Solutions

Page 14: Discussion Flow - Jamaica Stock Exchange · 3/14/2015  · foundation and government leaders committed to reducing food waste in the United States. Approximately 40% of food grown

Mission Investors Exchange

The leading national network for foundations in impact investing

www.missioninvestors.org

Membership network of over 270 foundations

• Database with entries on investments made - can be submitted by all foundations,

including non-members

• Institutes, Webinars and Regional Educational Gatherings

• Field guide for community foundations and small-staffed field guide

• Short case examples and templates – e.g., sample investment policy statements

Submit your name and email today to sign up for newsletter updates on impact investing

Other Key Resources

US-SIF – listing of socially responsible funds with screens and minimums – www.ussif.org

The GIIN - impact measurement – www.thegiin.org

Confluence – advisor guide, working groups, programs – ww.confluencephilanthropy.org

The ImPact – primers for family investors – www.theimpact.org

Toniic – reports and guides – www.toniic.com

Natural disaster risk Transfer Solutions