Unity Announces Social Impact Division -- Pledges 750,000 Shares of Unity Equity to Fund Non-Profit Organizations
October 15 2020 - 9:00AM
Business Wire
Unity Charitable Fund established to deepen
commitment to social responsibility
Unity (NYSE: U), the world’s leading platform for creating and
operating real-time 3D (RT3D) content, today announced its Unity
Social Impact division to empower employees and creators of all
backgrounds to foster a more inclusive, sustainable world. The
Social Impact division is underpinned by the establishment of the
Unity Charitable Fund, in partnership with Tides Foundation, a
program that provides the financial mechanism to bring the goals of
Unity’s newly-formed division to life. The announcement marks the
one week countdown to the Unity for Humanity Summit: a two-day
event that assembles luminary creators, nonprofits, investors, and
philanthropists harnessing real-time 3D technology to power social
impact and real-world change.
“By coalescing social impact efforts into its own division at
Unity, we’re now able to do more to have a positive impact for
creators and communities around the globe,” said Jessica Lindl,
Vice President, Social Impact, Unity. “Unity has long made strides
to make education and economic opportunity widely available, to
ensure privacy and online safety, and to demonstrate environmental
responsibility through sustainability initiatives. Unity Social
Impact allows us to centralize these efforts, so we can identify
new opportunities to foster a cleaner, safer, and more equitable
world.”
The Unity Social Impact division is built on three key
pillars:
- Education and Economic Opportunity for All - Unity
contributes its products, technology and expertise to enable more
than 300,000 students and teachers each year to learn and create
with Unity to further its belief that learning should be accessible
to everyone. The company partners with companies, nonprofits, and
governments around the world to encourage inclusive economic growth
for individuals and communities.
- Sustainability - Unity is integrating environmental
responsibility and sustainability initiatives throughout its
operations, product, and overall business strategy, working
proactively to reduce its carbon footprint across more than 40
offices worldwide.
- Health and well-being – Unity believes that everyone
deserves the ability to live a healthy life. Unity’s tools are
being used to explore innovative and practical solutions for
managing physical and mental health, train medical professionals,
and test new healthcare technologies.
To support these pillars, Unity Social Impact has announced the
establishment of the Unity Charitable Fund through a partnership
with Tides Foundation: a philanthropic partner and nonprofit
accelerator dedicated to building a world of shared prosperity and
social justice. Seeded with 750,000 shares of Unity equity, the
Unity Charitable Fund will provide direct grants to non-profit
organizations in the areas of education, inclusive economic
opportunity, environmental sustainability, safety and
accessibility, and human wellness. Tides Foundation will serve as
Unity’s partner for disbursement of the funds.
“Effective, authentic corporate philanthropy requires a
thoughtful strategy that aligns with your company's values,” said
Leena Barakat, Director, Strategic Partnerships at Tides. “Giving
creators access to funding to realize the changes they want to see
in the world is core to our shared missions, bringing forth a
tomorrow filled with shared prosperity, social justice, and
limitless possibility.”
The existing Unity for Humanity program provides selected
impact-driven Made with Unity projects with funding, mentorship,
and technical and marketing assistance. The program selects
projects through a call for submissions, which will open on October
21, 2020.
Unity Social Impact will be a centerpiece of the Unity for
Humanity Summit, a free two-day event taking place October 21 and
22. The theme -- “Creators are Changemakers” -- will thread through
the event’s programming, from the keynote presentation by
best-selling author and one of TIME magazine’s 100 Most Influential
People, Malcolm Gladwell, to diverse discussions and presentations
aimed at helping social impact-driven creators around the world to
learn, connect, and celebrate their work. The Summit is a
call-to-action designed to inspire and empower people to create for
positive change.
To learn more about Unity’s commitment to impacting social
change, or to learn how to submit a project for consideration,
please visit www.unity.com/social-impact. To learn more about the
Unity for Humanity Summit taking place October 21-22, please visit
ufhsummit2020.unity.com.
About Unity
Unity is the world’s leading platform for creating and operating
real-time 3D (RT3D) content. Creators, ranging from game developers
to artists, architects, automotive designers, filmmakers, and
others, use Unity to make their imaginations come to life. Unity’s
platform provides a comprehensive set of software solutions to
create, run and monetize interactive, real-time 2D and 3D content
for mobile phones, tablets, PCs, consoles, and augmented and
virtual reality devices. The company’s 1,800+ person research and
development team keeps Unity at the forefront of development by
working alongside partners to ensure optimized support for the
latest releases and platforms. Apps developed by Unity creators
were downloaded more than three billion times per month in 2019 on
more than 1.5 billion unique devices. For more information, please
visit www.unity.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201015005261/en/
Amanda Taggart Unity Communications amandat@unity3d.com +1
310-980-9587
Alivia Rasmussen Unity Communications alivia@unity3d.com +1
650-218-1185
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