Investor in Focus: PayPal

In this Pioneers Post article, author Laura Joffre sits down with Joanne Gan, head of impact investing and ESG at Paypal’s treasury. Joffre writes, “Non-financial companies in the US alone are sitting on US$2tn in cash holdings. If those corporations were to put only a fraction of this into impact investing, that would grow the impact investing market significantly, currently estimated at US$1.16tn. This was the reasoning behind the creation of the GIIN Corporate Impact Investing Initiative in October. Its aim: help companies keen to meet environmental and social goals to invest their financial assets in impact, by sharing best practices and research.”