Ulupono Initiative is an impact investment firm based in Hawaiʻi, founded in 2009 by Pierre Omidyar and Pamela Kerr. The firm aims to enhance the quality of life in Hawaiʻi by promoting sustainable solutions in four main areas: locally produced food, renewable energy, clean transportation, and freshwater management. Ulupono operates as a for-profit entity while also engaging in non-profit grant-making and advocacy.

The firm invests between $1 million and $3 million annually in projects that align with its mission, often taking an active governance role to support its investees. Its diverse investment portfolio includes ventures like Hawaii Dairy Farms, Honolulu Seawater Air Conditioning, and solar technology companies. Ulupono focuses on partnering with organizations that have innovative approaches and proven management teams, emphasizing ethical and sustainable development rooted in local wisdom. Through its work, Ulupono Initiative seeks to enrich the lives of Hawaiʻi’s residents by fostering projects that benefit both the environment and the economy.