5 Things to Know Today: November 22, 2016
Liz Biscevic—5 Things to Know Today
In case you missed it, Tesla and SolarCity powered an entire island using solar electricity, Patagonia’s Black Friday sales are being used to save the world, and there’s a new platform that lets anyone become a venture capitalist.
Before the two companies merged, they proved their worth by joining forces and powering Ta’u, an island in American Samoa.
29.1 million adults and 13.1 million children lack access to nutritious food, and feasting season can be especially tough for people who struggle to feed their families throughout the year. If you’re able to help, there are tons of organizations looking for donations.
Patagonia decided all sales on Black Friday will go to environmental groups that protect air, water and soil. According to their press release, the grassroots companies that will receive the money are small and underfunded.
This new fundraiser platform lets anyone buy a stake in a seed company and earn returns. Previously, these sort of investments were limited to accredited investors—aka wealthy venture capitalists with a net worth of at least $1 million—and considered too risky for the average public.
NRG, a US energy giant, announced it was joining the Ceres Company Network, a project of Ceres and leading nonprofit that focuses on sustainability in businesses. This partnership demonstrates that corporate social responsibility and sustainable energy will continue to accelerate, in spite of and through the Trump Administration.