QBE North America increases support for Blue Forest

QBE North America  is continuing its support of Blue Forest, a nonprofit focused on forest and watershed conservation to prevent severe wildfires. Until November 15, 2024, QBE’s Possibilities Fund will match public or employee donations of at least $100 to Blue Forest’s FRB Catalyst Facility, up to $200,000, through the CataCap platform at ImpactAssets.

The QBE Possibilities Fund, launched in the U.S., allows employees to invest in philanthropic causes focused on climate resilience, racial equity, and gender equality. These investments aim to generate positive social or environmental impacts along with financial returns, which can be reinvested or donated to nonprofits.

By offering this matching challenge to the public, QBE hopes to raise awareness of CataCap’s platform and attract new donors interested in impact investing to help prevent wildfires and support future philanthropic efforts. QBE has been supporting Blue Forest since 2022 through grants and impact investments.

“QBE is proud to be a long-standing supporter of Blue Forest. QBE’s purpose is to enable a more resilient future and that includes supporting organizations like Blue Forest that work to build social, environmental and economic resilience in our communities.” – Mark Pasko, QBE North America’s Chief Legal Officer.