At Swell, we select our holdings because of their social impact as well as their financial performance. In the same way that we make it a priority to share our portfolios’ financial performances, we also like to share the steps our holdings are taking to make the world around them a better place.
Like all forces for change, the work doesn’t happen one time or overnight. It’s a series of small steps and achievements. Here are some of the recent highlights in our holdings’ exciting work for social change:
What is Corning, Inc?
Corning, Inc is a 166-year-old company that specializes in making specialty glass, ceramics, and related materials.
Gasoline particulate filters are among the products that Corning, Inc manufactures. These filters are used for automotive emissions control, making them an essential tool for maintaining our planet. Recently, Corning celebrated a landmark in production. They reached their one millionth gasoline particulate filter. Now, that’s a lot of clean air! Here's a little bit more about how Corning stays ahead of the environmental curve.
Flir Systems, Inc.
What is Flir Systems?
Flir is a company that specializes in the development, design and production of thermal imaging cameras and thermal imaging components.
Poaching has long been a threat to conservation, but it’s a tricky problem to solve. Rangers patrol in the dark, making it difficult to see both the wildlife and poachers, but using a flashlight would put them in a potentially dangerous position. The light would announce their presence to often heavily armed poachers. Enter: Flir Systems, Inc. Flir has partnered with the World Wildlife Fund to donate thermal imaging cameras to rangers in the Masai Mara Park Reserve in southwest Kenya.
These thermal cameras allow them to see in the dark, up to three kilometers away. As a result, the rangers are protected from the wilderness of the bush (both from wildlife and poachers), and it’s made them substantially more effective at making arrests. Flir’s donation has helped protect poachers lives, so that they can continue to do the important work of conservation and do it more effectively.
Waste Management, Inc.
What is Waste Management, Inc?
Waste Management, Inc is a company that does exactly what its name suggests. They manage waste! Specifically, Waste Management collects and disposes of waste and recyclables across North America.
At the end of last month, Waste Management announced a new program to help reduce food waste. Food waste is a huge global problem, and it’s one of the concerns we had in mind when we put together Swell’s Zero Waste portfolio. In addition to working to reduce food waste, Waste Management has developed its CORe® organic recycling process, which works to turn food waste into an “organic slurry product” called EBS®. EBS® is used to create green energy. So, instead of food waste deteriorating and producing greenhouse gas emissions, food waste is being brought to CORe® and used to produce green energy!
For more news about the work each of our holdings is doing, check back soon. There’s always something new to celebrate.