Ninety One plans to launch For Tomorrow share class to support Tusk

by | Nov 1, 2022

Ninety One, the founding sponsor of the Tusk Conservation Awards, donated £1 million to Tusk to mark the 10th anniversary of the Awards and will set up a charitable share class to support families and communities of rangers who give their lives to protect Africa’s wildlife.

Ninety One today announced its intention to launch the For Tomorrow Share Class, a charitable share class aligned with the firm’s mission of “investing for a better tomorrow”. As the founding sponsor of the Tusk Conservation Awards, now in their 10th year, Ninety One is more committed than ever to supporting the occasion, which honours Africa’s rangers and conservation leaders. To mark the anniversary, Ninety One donated £1 million to Tusk. In order to achieve maximum impact, Tusk will in turn invest in the charitable share class, which will be within Ninety One’s Global Sustainable Equity fund.

Ninety One will apply its expertise as a global investment firm to turn a once-off capital contribution into an income stream, in support of the families of the brave rangers who have made the ultimate sacrifice. The share class’s annual management fee from the money invested in the share class over time will be donated to Tusk.

These annual donations will be made available to help the ranger community, especially families of rangers who have laid down their lives, and to support rangers’ conservation efforts. The goal is that no one is left behind without care or support.

Hendrik du Toit (pictured), founder and Chief Executive, Ninety One: “In this world, few are those who act in the interests of the vulnerable. Fewer still are those who risk their lives to protect life which cannot protect itself. Every day across Africa, rangers endure mortal hazard to conserve and guard the continent’s irreplaceable wildlife. These people are among life’s true heroes. Often unnoticed, often unsung, often alone in their mission, far from home and loved ones, they do what most would not, or could not.  It is our enduring privilege to sponsor the Tusk Conservation Awards, as well as provide support to the families of the men and women who have paid the ultimate sacrifice  protecting and conserving the wildlife of Africa.”

Charlie Mayhew,  Chief Executive, Tusk: “Wildlife conservation in Africa faces a multitude of threats – threats that are perpetually evolving. While poaching and the illegal wildlife trade are still rampant in many parts of the continent, conservation leaders today face increasing levels of human-wildlife conflict driven by competition for land and resources as a result of climate change and population growth. As the nature of the threat to both wildlife and communities increases in both scale and complexity, so too do the funds required to meet those challenges head on. We’re incredibly proud to work with Ninety One on this one of a kind initiative that will do so much for the men and women on the front line of African conservation.”

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