Organizations Balancing Economics, the Environment, and the Community
•
0 likes•270 views
Murray Clay, Managing Partner for the Ulupono Initiative, was a presenting panelist at the Hawaii Economic Association's (HEA) 2015 Annual Conference. In this presentation Murray discussed how Ulupono balances financial profit, environmental health, and social progress using real-life Hawaii experiences.
Recommended
More Related Content
Similar to Organizations Balancing Economics, the Environment, and the Community
Similar to Organizations Balancing Economics, the Environment, and the Community (20)
Recently uploaded
Recently uploaded (20)
Organizations Balancing Economics, the Environment, and the Community
- 1. Organizations Balancing Economics, the Environment, and the Community Murray Clay Managing Partner October 16, 2015
- 2. Hawai‘i – Earth’s most isolated land mass has reason to be more self-sufficient 91% reliant on food imports 92% reliant on imported energy Limited space for waste disposal
- 3. What is the Ulupono Initiative? We are a Hawai‘i-‐focused impact investment Firm, using for-‐proFit and non-‐proFit investments to improve the quality of life for island residents in three key areas: More Local Food More Renewable Energy Less Waste
- 4. Impact Investing: Achieving & Measuring Results • We work through both for-‐proFit and non-‐proFit organizations to help catalyze large-‐scale, replicable change toward a more self-‐sufFicient Hawai‘i • We’re focused on making a signiFicant impact in three key areas by 2030:
- 5. Impact Investing Approach • Measurable Impact at State Level • Filter Feed vs. Creating Opportunities • Work with “Natural Owners” vs. Building from Scratch • Learning and Adapting Hybrid Model Private Equity: For-‐Pro?it Grants: Not-‐for-‐Pro?it Mission Focused, Values Based
- 6. Impact Investing Path Not-‐For-‐Pro?it For-‐Pro?it • Tends to require constant support until critical mass of social adoption reached • Builds foundations & conditions for change • Creates new industries, awareness, & paradigm shift • Tends to self-‐sustain, replicate, & expand FUNDING TYPE – FUEL $ Companies/Physical Assets TARGET – VEHICLE Public Opinion/Education Policy: Lobbying/Advocacy Policy: Capacity Building/Analysis Non-‐Pro?it Organizations Systems Thinking – Road Map Progress & Forecasts – Dashboard Systems Change
- 7. Our Investment Criteria • To have the greatest impact on our investees and our mission, Ulupono considers several criteria
- 8. Our Investment Criteria Impact and Mission Alignment • We look for potential to catalyze meaningful changes in moving Hawaiʻi toward sustainability through Ulupono’s three objectives
- 9. Our Investment Criteria • We seek to nurture innovative ideas based in Hawaiʻi, recognizing that a healthy economy and a healthy environment go hand in hand Impact and Mission Alignment Focus on Hawaiʻi
- 10. Our Investment Criteria • We strive to Find projects that display a unique or innovative advantage over others in industry/class Impact and Mission Alignment Focus on Hawaiʻi Best-‐In-‐Class
- 11. Our Investment Criteria • We invest in teams with strong, proven track records – or data, models or metrics to support the clearly deFined vision – and a plan of action Impact and Mission Alignment Focus on Hawaiʻi Best-‐In-‐Class Strong Leadership and Management
- 12. Our Investment Criteria • We seek a realistic plan for long-‐term sustainability as a standalone entity Impact and Mission Alignment Focus on Hawaiʻi Best-‐In-‐Class Strong Leadership and Management Long-‐Term Viability
- 13. Our Investment Criteria • We identify with organizations that exhibit shared core values of respect for others, high standards, learning and growth, creativity, courage, humility, and a pono approach Impact and Mission Alignment Focus on Hawaiʻi Best-‐In-‐Class Strong Leadership and Management Long-‐Term Viability Shared Values
- 14. Our Investment Criteria • We encourage building alliances, collaborating and working together within our diverse community Impact and Mission Alignment Focus on Hawaiʻi Best-‐In-‐Class Strong Leadership and Management Long-‐Term Viability Shared Values Collaboration Wanted
- 15. WHY WE INVESTED Honolulu Seawater Air Conditioning (HSWAC) plans to provide air conditioning to buildings in downtown Honolulu by pumping deep ocean water through a pipeline. IMPACT One of Hawaiʻi’s largest energy efFiciency projects. HSWAC’s district cooling system will eliminate the need for 178,000 barrels of oil per year by saving enough electricity to power more than 10,000 homes. Will help decrease Oʻahu’s environmental footprint and the state’s oil dependency.
- 16. WHY WE INVESTED Kunia Ag Park promotes sustainable agriculture by utilizing land that sat fallow for years to now feed our community. IMPACT 184 acre plot located in Central Oʻahu leased to 18 farmers. Made available the land, infrastructure and technical assistance to help farmers in gaining economic self-‐sufFiciency, scale and access to markets throughout Hawaiʻi. Recently launched “Local Inside” CSA, sourced almost entirely from Kunia Ag Park.
- 17. WHY WE INVESTED Ulupono Initiative partnered with Parker Ranch to create the Paniolo Cattle Company, a joint venture aimed at statewide local beef production. The pasture-‐to-‐table enterprise taps into a growing demand for high-‐quality, affordable, locally raised grass-‐fed beef. IMPACT Creates a local thriving cattle industry in Hawaiʻi. Protects Hawaiʻi against volatility in fuel and feed costs. Ensures a quality, consistent beef product is available to all Hawaiʻi consumers.
- 18. Lessons Learned Work with operating partners Community engagement • Talk to them early and often Be open to risks that can make change happen
- 19. Mahalo! Any Questions? www.ulupono.com Twitter: @ulupono