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NTICS Notes > PHILANTHROPY AND INVESTMENT: THE EXAMPLE OF WONDERFUL COMPANY!

PHILANTHROPY AND INVESTMENT: THE EXAMPLE OF WONDERFUL COMPANY!

Take sustenance from the land. Return with investment in science.

This seems to be the motto of Stewart and Linda Resnick, American billionaires at the head of the Wonderful Company. They are the world’s largest almond and pistachio producers. But for years they have also revealed themselves to be two of the most important philanthropists in history.

The Resnicks invest a large portion of their companies’ profits in climate change research, as well as making more than $100 million available to the health and education sectors to improve the lives of 4,000 employees and their families in rural towns in the Central Valley of the California. In 2019, they donated US$750 million to fund social and environmental research at the prestigious California Institute of Technology, Caltech. It was the largest amount given in the history of Caltech and the second largest in US academic institutions, according to the university.

Taking care of the environment is one of the causes they embrace. “Science and creativity must come together to face the most complicated challenges facing energy, water and sustainability,” said Stewart Resnick.

With an estimated net worth of US$ 9 billion (equivalent to R$ 45 billion), the couple has brands such as POM Wonderful (drinks and fruit extracts), Fiji Water (luxury mineral water) and mandarins (a type of orange ) Halo. In addition, it also owns most of Kern Water Bank, one of California’s largest underground water storage facilities. Demonstrating a clear commitment to social responsibility Linda and Stewart promise, in addition to growing, harvesting and distributing healthy fruits, nuts and other products to customers around the world, that they will also be an example in philanthropy. Each year, they invest more than US$75 million (approximately R$375 million) in community development, education, health and wellness programs. Sowing sustainability and social justice reap profits and a better world.

Do you want to understand how your company can be more participatory in the development and social responsibility movement? This initiative increases ESG rates with a focus on Social, proving that the company is truly engaged with sustainability. Get in touch and discover alternatives to work for a purpose. Get in touch through the website  https://nticsprojects.com

Whatsapp |  E-mail: contact@nticsprojects.com  |  Phone +1 (407) 258 3604

 

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