Lukas Walton'S Climate-Focused Investment Firm S2G Raises $600 Million In Outside Funding

Sam Walton's grandson has raised $600 million for his climate-focused investment firm, S2G, the Chicago Tribune reports.

According to Forbes, 37-year-old Lukas Walton is worth an estimated $27.8 billion.

S2G was founded in 2014 by Walton, who has already poured $3 billion into the firm.

The new money will be used for a private-equity fund called S2G Solutions Fund 1.

“We are addressing some of the biggest challenges of our lifetime, so we need to constantly push the envelope on ways we can catalyze capital into innovative solutions faster,” Walton says in a statement.

S2G focuses on climate change, clean energy, and sustainable farming.

It has invested in more than 100 companies, including green cement maker Brimstone and water-cleaning nanobubble company Moleaer.

S2G will now be a registered investment advisor and standalone business, S2G Investment Advisers.

“This evolution of S2G unlocks greater potential and expanded capacity to support projects that benefit our planet and human health,” S2G managing partners Aaron Rudberg, Sanjeev Krishnan, and Chuck Templeton say in a statement.

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

Just Trust Ceo Ana Zamora on Why Criminal Justice Reform Is a Philanthropic Issue

When Ana Zamora was 8, her older brother was arrested for stealing from her parents. "And so I remember hearing a knock on the door one night and seeing police officers come into our house and...more

Babushka Responds to Criticism over His Philanthropic Works

Kennedy Matiso Rioba, better known by his stage name Babushka, is a well-known dancer and digital content creator in Kenya. But he's also a philanthropist. Rioba, whose foundation is called...more

Youth in Philanthropy Program Gets Kids Thinking about How to Help Community

"When you throw a pebble into a lake, you can see the ripples. It starts to affect everyone around you." That's what Erin Peden, executive director of the Red Deer and District Community...more

2024 Public Forum on Global Chinese Philanthropy

When the University of California, Los Angeles, teamed up with China's Nankai University last year to host a forum on Chinese philanthropy in the US, it didn't set out to create a forum on Chinese...more

Lmc Announces Winners of Wave Awards Celebrating High School Musical Theatre

Indiana high schools dominated the third annual Lake Michigan College WAVE Awards for Excellence in High School Musical Theatre, which honor high school theater students and arts educators.Concord...more

Why My Mother Is My Creative Hero

Matt Silliman's mother, a talented pianist and recorder, "not only taught art and creativity to children but also played a mean recorder," the Atlanta producer and DJ says in an interview with Fast...more

Walgreens Announces Winners for 2024 Expressions Challenge During Mental Health ...

Jayden B. took home the top prize in the "People's Champ" category of the 15th annual Expressions by Walgreens creative arts contest with his essay "To You, My Mental Pet." The 17-year-old...more

Driving Innovation: Japan'S Approach to Ict R&Amp;D and Building a Resilient Society

Japan "stands out as a pioneer in leveraging to address societal challenges and foster innovation," the Information and Communications Technology Institute at London School of Business and Digital...more

Ispra Jrc: the Research Centre from Where the Eu Fights Climate Change

When it comes to drinking water, the US is way ahead of the rest of the world, according to a new study out of the University of Michigan. The study, published in the Proceedings of the National...more

U.S. Secretary of Energy Visits North Texas for Energy and Technology Summit

Energy Secretary Jennifer Granholm took the stage in Grapevine, Texas, yesterday, and delivered what the Dallas Morning News calls a "powerful" speech on the future of American energy. "This is...more






Global companies like General Motors, Wal-Mart, Bloomberg, Facebook, Hewlett-Packard, Intel, Johnson & Johnson, Mars, Novelis, Sprint, Proctor and Gamble and REI are calling out for necessary market changes to make it easier to buy and access more renewable energy.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders