Our impact

Impact is core to our investment approach. We invest in solutions that can generate meaningful and measurable impact for our planet and our communities.

Impact highlights

In our first year of operation, we have been able to build a diverse portfolio and achieve early results that will grow over time.


40% of startups in our portfolio are led by women.


50% of startups in our portfolio are led by Indigenous and racialized people.


We helped 30% of our portfolio companies unlock additional capital.

*last updated: November 2021

Impact objectives and thesis

  1. Support game-changing social and environmental solutions at scale

  2. Generate significant and meaningful benefits to people’s lives and our planet

  3. Enhance operational impact of portfolio companies 

  4. Advance the impact investment sector

We subscribe to industry standards including the five dimensions of impact by the Impact Management Project. We also collaborate with Impact Capital Managers and Impact Frontiers to adopt and advance industry best practices.

Impact is core to our approach

Impact is considered throughout our investment process 

  1. Deal Screening - Assess market opportunity and impact alignment

  2. Due Diligence - Validate financial and impact projections

  3. Investment Close - Document investment terms and impact KPIs 

  4. Post Investment - Leverage TELUS value add and monitor impact

The four impact pillars

We aim for measurable impact within each of these areas.

Supporting responsible agriculture

Investment verticals: sustainable food production, access to nutritious food and zero food-waste solutions.

Target outcomes: food systems adopting sustainability practices to reduce CO2e emissions, protect soil health, water and biodiversity, and improved access to nutritious foods for all.

Impact KPIs: litres of water conserved, hectares of land under sustainable management and the number of people accessing healthy food.

Transforming healthcare

Investment verticals: inclusive healthcare, first-mile solutions and harm reduction.

Target outcomes: equitable access to healthcare solutions for vulnerable populations, and harm prevention and reduction.

Impact KPIs: number of people impacted within target groups, reduction in chronic conditions, decrease in incidents of harm and money saved in healthcare delivery.

Caring for our planet

Investment verticals: decarbonization solutions, climate resilience and circular economy.

Target outcomes: widespread adoption of zero-emission solutions, resilience to climate change impacts and zero waste.

Impact KPIs: tonnes of carbon dioxide equivalent removed or reduced, tonnes of waste reduced or avoided, litres of water conserved or recycled and the number of people benefiting from climate resilience strategies.

Enabling inclusive communities

Investment verticals: the care economy, future of work readiness and equitable access to education.

Target outcomes: improved educational outcomes, better quality employment and incomes, and improved care outcomes.

Impact KPIs: the number and diversity of people reached, improved quality jobs and higher incomes.