You give 2, Sitawi lends 20, we change 2,000 lives

by sitawi
SITAWI team :)
SITAWI team :)

Hello from SITAWI!

Find out our latest news!

 

IRRI2015 Results :: Managing Director Gustavo Pimentel elected world’s Best Social-Environmental Analyst and SITAWI makes the Global Top10 in the largest independent survey of responsible investing - IRRI2015.

 

New fund :: SITAWI and Ellen Macarthur Foundation have developed a fund to promote the CE100 Brazil program. The British foundation was established in 2010 with the aim of accelerating the transition to the circular economy, regenerative and restorative by design, making it a global thought leader. The CE100 Brazil program was launched in October, 2015, and it is the national satellite for the global program.

 

Finance for Forestry :: Sustainable finance consultant Fred Seifert spoke in Washington, DC about his analysis of the impact of World Bank’s projects in the state of Pará at a seminar organized by Bank Information Center that gathered representatives from civil society in a number of countries to discuss the World Bank’s Forest Action Plan.

 

Girl Power :: 2016 has arrived with new members on our team at SITAWI. Patrícia Herkenhoff has joined the sustainable finance team as an ASG researcher and Cristine Pavoni will work with the social finance team as a senior consultant. The SITAWI team is now made up of eight men and nine women divided between our offices in Rio de Janeiro and São Paulo. But it doesn’t stop there! Our team is growing and we are hiring.

Inova Urbis Team - SITAWI
Inova Urbis Team - SITAWI's new loan

SITAWI will manage SouMinasGerais Fund for Mariana dam disaster victims

Caetano Veloso, Criolo, Jota Quest and other singers joined on December 8th , in Belo Horizonte, a fundraising event to support the victims of Samarco’s dam in Mariana, Minas Gerais. The whole #SouMinasGerais concert revenue will be directed to a philanthropic fund called SouMinasGerais, managed by SITAWI.

  

CoP 21 – From Paris, Gustavo Pimentel

Whereas Brazil aligns with the European Union demanding a climatic agreement legally binding, US and China heads of state deliver uplifting but unyielding speeches. Gustavo Pimentel covers the events in Paris focusing on the theme Climatic Finances: the pie needs more public and private resources to grow in order to face the challenges.

 

Loans to housing transformation in Rocinha – Rio de Janeiro

SITAWI celebrates another Socio-environmental Loan with an special touch. The project developed by Inova Urbis will take place in Rocinha, Rio de Janeiro, near SITAWI’s headquarters. The project proposes a consultancy conceived to improve the lives of the community inhabitants aiming for more comfort, security and better sanitary conditions.

 

SITAWI joins the GIFE network

SITAWI officially joined the GIFE network (Institutions, Foundations and Companies Group). “This is a major step to reinforce the strategical partnership system with social transformation players and catalysts. We hope to make a contribution with our expertise in Finance for Good, impact investing and socially responsible finances with the certainty that the exchange with GIFE and its other associates will be highly enriching”, said Leonardo Letelier, SITAWI’s CEO and founder.

 

Social Impact Business Marathon – RJ

Promoted by SEBRAE RJ with SITAWI’s support, the Marathon took place between November 12th and 15th, as part of Entrepreneur Fair in Rio de Janeiro. There were more than 100 inscribed and 53 participating projects. Education, healthcare and culture came up as the most discussed subjects, but the award highlights were about minority empowering businesses.

Children cooking at Lar da Bencao Divina
Children cooking at Lar da Bencao Divina

Lar da Bênção Divina/Home of divine blessing:: SITAWI granted a social loan worth R$ 75 thousand for an organization that provides services impoverished communities of Corea, Alba and Buraco Quente in the south of São Paulo. The NGO is known for its excellent educational program that has supported 2,790 children since opening. Nowadays, it also runs an Experimental Orchestra, with 90 participants, and supports an average of 260 families per year.

First Philanthropic Fund of the Atlantic Forest’s preservation:: The crowdfunding campaign “Dá Pé”, intends to attract resources in order to plant more than 20 thousand native trees of the Atlantic Forest! The project’s financial management will be made by SITAWI. Plant a tree!

Partnership with Polen:: SITAWI is now part of the group of Brazilian organizations supported by Polen, an in-browser web app (currently only available in Chrome), which turns online shopping at more than 100 stores into donations. All this without the user paying anything extra, besides the amount of the purchase. Understand how the app works. (portuguese only)

Partnership UK – BR:: In partnership with the English agency EIRIS, we have launched an environmental, social and governance (ESG) research service for institutional investors and financial institutions. EIRIS is a leading global ESG research agency with over 30 years of experience. It has elected SITAWI to improve the quality of its research in Latin America. Read more. (portuguese only)

Bakery at Coperjunho
Bakery at Coperjunho

Hello from SITAWI! Find out our latest news!

 

New Release: Summary of 2014 Results

4 program areas, R$6 million invested, 80+ companies analyzed, 20 consultancy, 33 projects benefited and 150 thousand lives impacted!

All this is only possible with your support and partnership. Take a look and tell us what you think!

 

New social-environmental loan : SITAWI has a new loan client in South of Brazil. Coperjunho is a farming cooperative based in Laranjeiras do Sul, Paraná. The loan will provide more working capital, creating double social-environmental impact: to generate income for the locals and to produce a large part of its products organically. Keep reading.

 

SITAWI supports the 2nd International EFFAS/Apimec Conference: SITAWI is the official supporter of the 2nd International EFFAS/Apimec Conference. This year the theme is “Can We Evolve to a Sustainable Economy?” We will be sharing our experience on the Integrating ESG panel with an analysis of fixed income securities. The event will take place at BM&FBOVESPA, São Paulo on Oct 6.

 

SIB in Ceará and Santa Catarina! SITAWI took part in four meetings with leaders from Ceará and Santa Catarina to present the innovative potential of Social Impact Bonds (SIB). Our expertise in consulting and social finance point to a potential structuring role of these operations in Brazil. Besides the meetings, SITAWI and BID were special guests in the FIESC Education Event in Floranópolis. Read more. (portuguese only)

 

New Record for Good! We are flattered with the massive interest in working with Finance for Good: we received more than 400 CVs for opportunities as consultant and intern in sustainable finance. The selection process has already begun! We are sure that, besides new collaborators, we will meet many excellent people who will become part of our network.

Women processing manioc in Para, Brazil
Women processing manioc in Para, Brazil

Hello from SITAWI! Find out our latest news!

In May, SITAWI celebrated the 7th anniversary of Finance for Good! Thanks for being part of our journey! =)

 

New board member:: Franklin Feder, independent adviser and former CEO of Alcoa Latin America & Caribbean, joined SITAWI’sboard this month. Frank is from the US and has already served as a consultant, corporate vice-president and finance director. Currently he is a member of the advisory boards of five social organizations, including his new position with SITAWI Finance for Good. Welcome Frank!

 

Business opportunities and the environment:: SITAWI showed its knowledge and expertise on the market for green bonds on 7th May in Brasilia to an audience of environmental experts and banking professionals. Green bonds are used by companies and financial to finance green activities. To find out more about SITAWI’s work on Green Bonds, get in touch with gpimentel@sitawi.net.

 

Article on Investment & Pensions Europe:: The website Investment & Pensions Europe published an article co-authored by Gustavo Pimentel, director of Sustainable Finance, and Raj Thamontheram, CEO of Preventable Surprises. The article look at how long-term investments can be part of the solution for the Brazilian crisis. Read the full article at http://bit.ly/1dQnXFd.

 

Our Annual Dinner was a Success! The Annual Dinner for SITAWI Supporters, which took place on May 20th, counted with the participation of Armínio Fraga, supporter since 2011. The speakers’ main themes were the country’s economic challenges and the role of social finance. The guests had a chance to get to know the work of the organization better, besides connecting with other partners and supporters, encouraging Good Networking.

 

$55 Billion in responsible assets:: this is how much Brazilian pension funds that have reached na intermediate or advanced level at incorporating social and environmental aspects have invested in equities. The data are a result of research presented by SITAWI at the ESG Alpha Event. Worldwide responsible investments now represent more than $21 trillion in investments.

 

Improving communications:: To become responsible investments, companies need to learn to communicate not only their financial results, but also to integrate their performance and social-environmental credentials. Last month, SITAWI trained more than 15 companies in “GT Empresas Pioneiras de Relato Integrado” to construct concise presentations for institutional investors.

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Organization Information

sitawi

Location: Rio de Janeiro, RJ - Brazil
Website: http:/​/​www.sitawi.net/​
Project Leader:
sitawi .
Rio de Janeiro, RJ Brazil
$53,205 raised of $60,000 goal
 
438 donations
$6,795 to go
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