eBay
San Jose, USA| Invested through |
|
|---|---|
| Asset Classes | Listed equity |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | US2786421030 |
| Industry group | Consumer Discretionary |
| Aligned with SDGs |
Founded in 1995, eBay is a global e-commerce company which connects millions of buyers and sellers in more than 190 markets around the world through its Marketplace platforms. These platforms include its online marketplace located at www.ebay.com and its localized counterparts, including off-platform businesses in Japan and Turkey, as well as eBay’s suite of mobile apps. As a global (r)e-commerce player and third-party marketplace, its technologies and services are designed to provide buyers choice and a breadth of relevant inventory from around the globe, and to enable sellers’ access to eBay’s buyers worldwide.
Investment rationale
Social inclusion is a vital component in building a sustainable society. Individuals and groups need to be and feel able to develop themselves and prosper. eBay's purpose is to empower people and create economic opportunity for all through its technology for its global community of users. Consequently, the company enables people to build businesses on its platforms. eBay offers a highly accessible way - with a low cost of entry for sellers - for all types of users to interact in a global marketplace that is inclusive and connects all people of all backgrounds.
eBay has also been a pioneer of circular economy - which it defines as re-commerce - since its foundation in 1995 by creating a space where people can buy and sell pre-owned goods. This helps preserve the world's natural resources and reduces the company's footprint by saving on the water and energy typically used in producing new goods and saves them from being sent to landfills.
Alignment with Triodos Transitions:
In total 40% of the revenues of the company is aligned with the Resource Transition. The contribution to the Resource Transition comes from 40% of revenues related to the impact objective Circular Economy.