SAN FRANCISCO and ARLINGTON, Va., Oct. 2, 2018 /PRNewswire/ -- Newday Investing and Conservation International today announced they are partnering in Conservation International's mission to protect nature as a source of food, fresh water, livelihoods, and a stable climate. As part of that effort, Newday is donating $5 to Conservation International's "Protect an Acre" rainforest conservation program for every new investment account opened through Newday, beginning today through October 31, 2018.
As a further incentive, investors who enter NEWDAY5 into the Newday app will receive a new account award of five dollars. The award will be accessible six months after account opening.
According to satellite data, tropical forests are being destroyed at a rate of about 31,000 square miles a year—an area equivalent in size to the state of South Carolina. Investors opening new accounts with Newday, however, can help limit this loss; for every five new accounts opened during Newday's October campaign, one acre of rainforest will be protected via the "Protect an Acre" effort.
"Environmental justice is a global challenge, which is why Newday has chosen to partner with Conservation International, one of the world's most effective and far-reaching environmental organizations," said Doug Heske, CEO of Newday Financial Technologies, Inc., parent company of Newday Investing. "Its impact is felt across governmental jurisdictions and on nearly every continent. Through our October campaign, we're joining with environmentally-conscious investors, as well as Conservation International, to reduce global deforestation."
San Francisco-based Newday Investing is a financial technology and institutional asset management company dedicated to bringing responsible investing to the mainstream. The firm works with NGOs, research organizations, and data providers to determine companies that rate highly in ESG (Environmental, Social and Governance) policies and standards. Newday allows even low-net worth individuals to invest in companies with strong track records in areas such as animal welfare, gender equality, and climate action, with investments starting as low as five dollars.
"This is a wonderful example of how investors can use their money for social good. Newday Investing allows these individuals to align their investments with their values—and through this month's October campaign, they will help make a direct impact on rainforest preservation," said Jamie Cross, VP of Corporate Partnerships, Conservation International.
Building upon a strong foundation of science, partnership and field demonstration, Conservation International empowers societies to responsibly and sustainably care for nature. Founded in 1987, Conservation International works with more than 2,000 partners and has helped support 1,200 protected areas and interventions across 77 countries, protecting more than a billion acres of land, marine, and coastal areas.
In addition to its account-based contributions, Newday Investing donates 5% of the fee income from its Global Equity Impact portfolio to Conservation International. To learn more about Newday Investing's October campaign in support of "Protect an Acre," visit https://newdayimpact.com/conservation-international-campaign/.
About Newday Investing
Based in San Francisco, Newday is a technology-enabled asset manager that provides affordable, transparent and easy-to-understand impact investment solutions to the mass market. By investing in socially responsible and sustainable companies, Newday aims to generate competitive return and, most importantly, drive meaningful change in the way companies in our portfolios adopt environmental, social and governance (ESG) practices and policies. In order to be effective in driving positive impact on corporate behavior, Newday adopts an active ownership model, engaging with companies' decisions as they affect their stakeholders including communities, employees and shareholders.
About Conservation International
Conservation International uses science, policy and partnerships to protect the nature that people rely on for food, fresh water and livelihoods. Founded in 1987, Conservation international works in more than 30 countries on six continents to ensure a healthy, prosperous planet that supports us all. Learn more about Conservation International, the groundbreaking "Nature Is Speaking" campaign and its series of virtual reality projects: "My Africa," "Under the Canopy" and "Valen's Reef." Follow Conservation International's work on our Human Nature blog, Facebook, Twitter, Instagram, and YouTube.
SOURCE Newday Investing