Met with Joe Milam of Austin's AngelSpan the other day. Great meeting, great guy. Here's a blog posting of his from February, that among many great points defines "a good deal is where an entrepreneurial team has identified an opportunity to satisfy an otherwise unmet need that will improve the human condition, and can provide a return for those (in)vested in the successful outcome of that opportunity."
Natural CPG (consumer packaged goods) giant Hain Celestial (HAIN) beat growth expectations and met earnings estimates for Q315, largely due, CEO John Carroll told analysts, to their ability to provide retailers with natural & organic brands - especially non-GMO brands - that appeal to Millennials.
“99% of our food products don't contain GMOs. Over 500 of our products have been verified, and over 650 are enrolled in the non-GMO project verified program, with a lot more to come. We also have over 500 gluten-free products today. So we have the products, we have the brands. We have the manufacturing, we have the distribution. We are ready to go,” he said.
Here is their 2012 Corporate Social Responsibility Report.
Hazel Bradford writes for Pensions & Investments magazine about the upswing in interest in impact investing from philanthropic foundations.
“We've seen more impact-oriented investment products, particularly those with some kind of track record,” said Reid Smith, a New York-based principal with Mercer Investments who focuses on impact investing. Those include strategies focusing on, for example, LEED certification and green building; moderate-income housing; and timber, with a conservation angle. “The challenge becomes, are there enough (such investments) for any particular foundation to align a significant part of their investment pool,” he said.
Arguing that impact investing is a good investment has become less of a challenge. “Historically, the knock was if you are going to do it, you are giving up on the return. Now you can have an impact-focused strategy that actually creates investment opportunities,” said Mr. Smith.
The Washington Post profiles Vital Farms, whose network of producers supply pasture-raised eggs nationwide...
"Since then , Vital Farms has nearly doubled in size each year. What started as a farm outside Austin with just a few thousand birds now works with about 60 farms and produces 1.5 million eggs every week. The eggs, which cost from $4.99 to $8.99 a dozen, are sold across the country in Whole Foods Markets and other natural-foods grocers, as well as in some mainstream stores, including Safeway and Kroger."
The Sustainable Sourcing of Agricultural Raw Materials: A Practitioner's Guide is intended to help practitioners in companies that are seeking to source their agricultural raw materials sustainably, by asking and answering crucial questions in the following eight chapters:
1. How to Use this Guide
2. Sustainable Sourcing as Leadership and Value Creation
3. Implementing Sustainable Sourcing – Decisions to be Made
4. Setting Priorities for your Company’s inputs from Agriculture
5. Choosing Appropriate Sustainability Requirements.
6. Implementing Sustainability Standards in your Company’s Supply Chain
7. Adapting your Company’s Business Culture, Processes and Structures
8. Communicating the Company’s Sustainable Sourcing Effort
Source: Sustainable Agriculture Initiative Platform
Note: Will require you fill out contact info to download the 79 page .pdf
News from AFI; Links to stories on business-for-good, private-company investing, fundraising, & sustainable food.