Glovo’s Sebastien Pellion on linking sustainability funding to business growth
"It's a bet to invest so early on in impact and sustainability, and to make sure that this commitment is maintained over time."
Every time someone orders food or groceries on multi-category app Glovo, a small percentage of the startup’s fee goes into its sustainability fund – generating €5 million so far that has been invested in impact projects.
This simple mechanism is Global Head of Impact and Sustainability Sebastien Pellion’s proudest achievement. “It's really a way for us to link the generation of positive impact to the growth of the company, and to make it sustainable over time: the more we grow, the more funds we’ll have to invest,” he explains.
