Waste Ventures India has established a formalized market for waste streams which averts waste from landfill and creates higher incomes for the waste pickers, with standardized prices with upfront payments. They purchase and segregate dry and wet waste from third-party waste pickers, corporates and apartment complexes, and process it to sell to recyclers.
Interview footage kindly filmed by Azimut Social Business https://vimeo.com/azimutcompany

These have been difficult times for our portfolio companies. They are working hard to protect those they employ and serve. In India, Waste Ventures recycle plastic and improve the lives of waste pickers. As they are dependent on revenues from previous months to meet their expenses, the abrupt pause to their activities has made their ability to pay their workforce much more difficult.
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YSB reaffirms its dedication to the Three Zeros (Zero Poverty, Zero Unemployment, and Zero Net Carbon Emissions) and will keep collaborating with partners to create meaningful global impact. As an apolitical organization, YSB remains focused on building a fairer, more prosperous future through transparency and integrity.

Along with The Center for Sustainable Finance and Private Wealth (CSP) at the University of Zurich went out and about around São Paulo at the start of February to explore the ecosystem of social businesses and investment. Take a look at our fantastic week in the video: