Bamboo Capital Partners, the asset management arm of Palladium, today confirmed its commitment to deploy USD$1billion of impact investments over the next three years – at the latest.
This comes as the pioneering impact investor publishes its 2020 Impact Report. Despite the challenges of Covid-19, Bamboo delivered a positive impact on additional nine million lives in developing markets in 2020, bringing the cumulative impact of its investee companies to 193 million lives.
For the 12-month period the investments also supported an additional 3,600 jobs, 2,000 of which were for women, and displaced an additional 2.7 million metric tons of CO2 emissions. On a cumulative basis, Bamboo’s investees supported 48,800 jobs, including 17,900 jobs for women and displaced 12.4 million metric tons of CO2 emissions.