J&J grows in­vest­ment fund for en­tre­pre­neurs, sets 2022 fo­cus on health­care work­er gaps and racial in­equities

Amid the surge of en­vi­ron­men­tal, so­cial and gov­er­nance (ESG) in­vest­ing, John­son & John­son de­cid­ed to look at where the mon­ey was go­ing. It specif­i­cal­ly re­searched im­pact in­vest­ing — that is, fund­ing to help a group com­plete a project or de­vel­op a pro­gram to pos­i­tive­ly ben­e­fit so­ci­ety — and was sur­prised at what it found. Of the $715 bil­lion in im­pact in­vest­ments un­der man­age­ment, on­ly 7% was go­ing to im­prov­ing health.

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