Sustainable late-summer swaps. Close out the summer in style… and feel good about it. Climate & Capital has rounded up a list of sustainable alternatives to summer staples that will help lower your environmental impact. Our favorites:
The Week’s Dealflow
Deal spotlight: Food waste solutions. Companies and governments are recognizing the cost savings of curbing food waste, as well as the social and climate benefits. That’s creating an opportunity for investors, which are plowing increasing amounts of capital into food waste deals. Average private investment deal size has grown from less than $5 million in the early 2010s to roughly $17 million in 2021, according to the food waste nonprofit ReFED. This week, San Francisco-based Afresh raked in $115 million to help grocers reduce food waste by managing fresh food inventory and sales. The food waste space has “benefited greatly from climate funders making the connection between food waste reduction and climate change mitigation,” ReFED’s Alejandro Enamorado wrote in ImpactAlpha.
The Week’s Talent
Generate Capital promotes Peggy Flannery and Pietro Lomazzi to managing director of investments. Alex Raksin, ex- of Oaktree Capital, joins Generate, also as managing director of investments. Greg Richards, ex- of Energy Impact Partners, joins as managing director of credit… Yvonne Ofosu-Appiah of Wangara Green Ventures joins Impact Investing Ghana’s board of directors… Balderton Capital hires Elodie Broad, ex- of Deloitte, as its first head of impact and sustainable future goals.
The Week’s Jobs
Pacific Community Ventures seeks a chief financial officer and a research analyst in Oakland… AgroCenta Technologies is looking for a remote chief financial officer… RMI’s Climate Intelligence Program is hiring a carbon markets manager in Boulder, Colo… New Story is looking for an impact investment senior manager in Mexico City.
Editor’s note: This article is sponsored by Johnson & Johnson Impact Ventures, which supports ImpactAlpha’s Investing in Health coverage. In partnership with J&J Impact Ventures, ImpactAlpha is exploring the …