Macquarie Group Foundation 2023 Annual Review
In the past year we spotlighted the work of both Social Finance and Last Mile Health - listen to and watch their stories below.
In FY2023, the UP Fund launched its sixth investment; the first healthcare Career Impact Bond with Clinical Research Fastrack.
In partnership with the State of New Jersey and CEOs from leading companies, Social Finance launched the first Pay It Forward program in the US, initially focused on education and training for nursing, cybersecurity and HVAC/welding careers.
|In FY2023, the World Mosquito Program (WMP) commenced operations in Laos, Honduras and El Salvador, and undertook preliminary discussions with the Timor-Leste Government around establishing a WMP presence there. WMP also scaled up mosquito releases in Cali, Colombia, supported by active community participation.
|In FY2023, the World Scabies Program rolled out a mass drug administration program, helping protect millions of people across Fiji and the Solomon Islands from scabies.
|In FY2023, The Ocean Cleanup conducted eight trips into the Great Pacific Garbage Patch, removing 153,000 kilos of plastic from the ocean. This year also started the phased scale-up of ocean System 002 to System 03 – a larger system capable of collecting much greater volumes of plastic.
New Interceptor deployments or trials were launched in Guatemala and Jamaica; across the seven countries where the Interceptors are in place (with more deployments scheduled for late 2023), which prevented more than 1,800 megatonnes of trash from reaching the ocean. The Ocean Cleanup also sold out their stock of The Ocean Cleanup Sunglasses – made with plastic extracted directly from the GPGP and raising sufficient funds to clean up over 500,000 football fields’ worth of ocean.
Many Macquarie employees continue to volunteer their time on the Macquarie 50th Award Ambassador Networks, which provide additional support to the five winners through awareness, fundraising and organisational capacity building.
The Foundation team continue to conduct site visits to all five organisations to provide further support, make connections and better understand how our ambassador networks can direct their efforts.