Macdoch Group

From Climate Wiki
Jump to navigation Jump to search

Private investment group owned and jointly operated by Australian billionaire oligarchs Alasdair MacLeod and his wife Prudence Murdoch, the eldest daughter of Fox News CEO Rupert Murdoch.

Macdoch Ventures

Macdoch Ag Group

Macdoch Foundation

Since its founding, the Macdoch Foundation has distributed nearly $14 million in grants.[1] Notable recipients include Soils for Life and the Farming for the Future initiative established by the Foundation as a "flagship program".[2]

Although claiming to be climate-friendly, multiple foundation executives previously worked for the climate denying media empire NewsCorp, including Chairman & Founder Alasdair MacLeod and Business Operations Manager Karin Chan[3]

Soils For Life

Macdoch Foundation provides "core funding" for Soils For Life by supporting its salary and administration costs.[4] Alasdair is currently Chairman of Soils for Life, and a quote from CEO Eli Court is featured on the front page of Foundation website advertising Sois for Life as the "leading national non-profit supporting Australian farmers to regenerate soil."

Farming for the Future

In the words of Chairman MacLeod, the purpose of Farming for the Future is to "allow all Australian farm businesses to maximise the potential of their natural capital." Farming for the Future's partners include the Australian National Farmer's Federation.[5][6] According to the NFF website, its partners include McDonald's.[7]

Australian Wool Innovation Ltd

In tandem with its marketing arm Woolmark, Australian Wool Innovation Ltd has recently pivoted to eco-friendly branding through regenerative agriculture initiatives. Their participation in Farming for the Future aligns their efforts in this regard with the Macdoch Group:

AWI’s Program Manager, Fibre Advocacy & Eco Credentials, Angus Ireland, says AWI’s involvement in Farming for the Future will ensure the participation of more woolgrowers in the program, helping ensure the findings are robust and relevant to wool-growing enterprises.[8]

Fibershed

Fibershed Executive Director Rebecca Burgess is featured on the front page of the Foundation's website, as one of the leaders the Foundation is engaging. The organization is also listed as a Foundation partner.[9]

The Nature Conservancy

The Nature Conservancy is listed as a partner on the Foundation's website.

World Resources Institute

The World Resources Institute is listed as a partner on the Foundation's website. According to WRI's annual report, the Foundation is a major donor and contributed over $750k to its operations between 2020 and 2022.[10]


Sources