Lisbon-based GoParity, which gives people the chance the invest in sustainable projects, ended 2021 with €10.4 million invested by a community of more than 18000 citizens and companies.
These figures are a massive jump from the investment totals in 2020, when €2 million was invested in the platform by 9000 users. Further, more projects were funded in 2021 alone than in the previous years since the 2017 launch of the platform altogether. Sectors such as health, eco-fashion, electric mobility, renewable energy, sustainable aquaculture, and education saw plenty of activity, with investments made in 10 countries across three continents.
The spike represents impressive growth for the impact investment platform as well as highlighting a Europe-wide transition towards promoting a more sustainable and inclusive economic system.
Nuno Brito Jorge, CEO at GoParity, said: “These numbers are the result of a combination of different factors: a community of investors that increasingly trusts us in harvesting the fruits of their investments, a qualified and highly motivated team, a greater diversity of projects and geographies, as well as the entry of Mustard Seed Maze and Critical Software as new shareholders.”
The 142 projects funded by GoParity will avoid the emission of 22,2 thousand tonnes of carbon dioxide every year (equivalent to the absorption capacity of 1 million trees); have already positively impacted 61,000 people directly and indirectly, and created over 4,500 jobs, numbers the company expects to increase by 2022.
In 2021 the world in many ways opened its eyes to the importance of putting sustainability to the forefront of everyday decisions and choices, and many startups began to put sustainability to the core of business approaches. In 2022, we can expect this trend to explode, and GoParity is marking itself as one of the leaders of the sustainability revolution.
In 2022, the young fintech startup plans to keep growing the community, enter new geographies, and attract more corporate investment. The company has already launched a voluntary carbon offsetting scheme and a model for offering impact investments as an incentive to employees