philanthropy
Dr Andrea Illy is the chairman of illycaffe SpA, a family-owned business and the first B Corporation coffee company in Italy. Illy, who is a trained chemist, environmental expert and innovator, has made illycaffe synonymous with sustainability and quality.
Philanthropic activity is broadly a family affair that may involve carrying the reigns and building on the activity of previous generations, creating programmes for closeknit family units, equipping the next generation with the habits and skills they will cherish, or creating a sense of identity for large and disparate family groups.
In 1925, Vincent Massey, the scion of one of the wealthiest families in Canada, did something that Ed Rogers today would find unthinkable. He quit.
Our annual ESG manager survey of active managers assesses the integration of ESG considerations in investment processes among equity, fixed income and private market managers and spotlights firmwide policies, use of data, engagement and integration.
Families generally agree with new Campden Wealth research which reveals impact investments delivered “solid financial returns” in 2020, despite Covid-19 disruption, but say more progress is needed in making robust the measurement of positive social change.
The role sustainable and impact investing can play among families in saving the planet has slowly emerged to the forefront of western thinking, but families in Asia have already been putting theory into practice for years as a matter of survival.
Editor's Pick