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United Nations Global Compact & Omidyar Network’s Imaginable Futures

The United Nations Global Compact launches SDG Ambition, an initiative to better integrate the Sustainable Development Goals into their core business model. Although Accenture and SAP support the action, it remains to be seen how businesses will incorporate the philosophy within their DNA. Omidyar Network launches Imaginable Futures (IF), a philanthropic investment firm focussed on the education sector. Funded by Pam and Pierre Omidyar, the initial capital investment is $200M, with an additional $150M for operations and investment over the next four years. Omidyar Investments has deep expertise in the educational sector. The fund is an ambitious collaborative initiative to address the 617M of children and adolescents globally who cannot read or perform basic math.

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