The practical difference between GreenSweep and a charity is structural, not moral. GreenSweep is GreenSweep Pte. Ltd., a for-profit company, and it stays one on purpose. We publicly commit to directing at least 50% of profit to verified environmental projects — a floor we report against, not a target we might quietly miss.
The question people ask us most often is whether we're a charity. We're not. The more useful question is whether you can trace a euro from the moment it's generated to the moment it reaches a mangrove planting crew in Cebu. You can.
The Charitable Impulse — and Its Trust Problem
That distinction tends to make people uncomfortable, so let's address the discomfort first. The charitable impulse is not a trivial thing. Volunteers filling sandbags during monsoon season in the Philippines are not motivated by tax relief. The
Gates Foundation has funded vaccines that prevented thirteen million deaths
. The Nature Conservancy has protected over 119 million acres. According to the UN Environment Programme (2023), global climate finance reached $1.3 trillion in 2021–2022, yet the adaptation funding gap for developing nations remains $194–$366 billion per year. Countless smaller organisations have turned shoestring budgets into measurable change. The instinct to channel resources toward environmental repair is among the better impulses our species has produced. Full stop.
But there is also a trust problem in environmental funding, and it has numbers attached to it. Watchdogs like
Charity Navigator
and GiveWell exist for a reason — donors need assurance that their contributions are not evaporating into overhead or landing in the wrong accounts. According to the Charities Aid Foundation (2024), public trust in charities in the UK has declined steadily, with only 54% of people expressing a high level of trust. That scepticism is not cynicism. It's arithmetic. As
Dan Pallotta
has argued at length, when the trust mechanism degrades, people give less. When they give less, reforestation in degraded watersheds, coastal protection in vulnerable regions, and agricultural transition support in developing economies simply don't happen. The money was never there. The forest was never planted.
The structural problem is not corruption. It is something more fundamental. The charity model asks you to trust the organisation — its management, its reporting, its alignment of intention with outcome — for as long as donors keep giving, quarter after quarter, indefinitely. For many organisations, that trust is warranted. For some, it erodes. For all of them, the funding itself is fragile, because it depends on goodwill being renewed forever rather than on a business generating revenue. As Ibn Khaldun observed about dynasties and institutions six centuries ago, the vigour of the founding generation is always at risk from the complacency of the third. We'd rather build a funding mechanism that doesn't need to be re-earned every quarter — which is why what happens to a vote on GreenSweep is written into how the company makes money, not into how generous people feel this year. You can read the mechanics in What Happens When You Vote.
What the Commitment Actually Is
GreenSweep is a for-profit company. That is not a hedge or a marketing category. It means the platform has to earn commercial revenue to survive, the same as any company — and it means the funding for environmental projects grows with that revenue instead of depending on donations being renewed every year.
Here's what that means in practice: revenue funds the cost of running the platform first — fraud prevention, compliance, infrastructure, localisation, verification, the team. What is left over is profit, and we publicly commit that at least 50% of it goes to the verified projects our community votes for. That commitment is published, reported against on a public dashboard, and designed to be embarrassing to walk back in public if we ever tried.
You don't need to trust our intentions. You need to be able to check the numbers.
The financial transparency follows from that structure. When you vote on GreenSweep, at least 50% of profit is committed to the projects your community chooses, routed via our CSR partners. As the platform becomes more efficient and the cost of running it shrinks as a share of revenue, more of every euro converts into profit — and the floor commitment scales with it. We publish these numbers because a commitment nobody can check is not a commitment, it's a slogan. No creative accounting. No fuzzy overhead categories. No discretionary funds redirected at year-end. You can read the live numbers on the Transparency page.
Structural honesty is not the same as performative goodness. We are not trying to be liked. We are trying to be trustworthy, which is harder and less photogenic.
Architecture Over Goodwill
The environmental funding gap is real and staggering. The
Climate Policy Initiative estimates that climate-related investment needs to reach $4.1 trillion annually by 2030
to meet Paris Agreement targets. That is not a goal. It is a bare minimum. And the gap will not be closed by traditional charities — not because they don't try, but because the capital simply does not exist within donation-driven models. The mechanism is too fragile for the scale of the problem.
According to the IPCC (2023), limiting warming to 1.5°C requires annual investment in mitigation and adaptation three to six times current levels by 2030. Closing that gap requires structures that generate their own revenue, enforce their own accountability, and don't depend on anyone's generosity surviving until next quarter. It requires transparency that isn't aspirational but mandatory. It requires, in short, a business model rather than goodwill. You can see the portfolio that model funds on the Projects page.
That's why GreenSweep is built as a for-profit company with a public floor commitment, not a charity. Not because charities are bad. Because the problem we're solving is bigger than donor-dependent funding can reach on its own.
For more on how the structure works in practice, see How It Works and Transparency. To understand what happens when you actually cast a vote, read What Happens When You Vote.
References
Bill & Melinda Gates Foundation (2024). Annual Financials & Governance.
gatesfoundation.org/about/financials
Charity Navigator. Our Rating Methodology.
charitynavigator.org/about-us/our-methodology
Pallotta, D. The Way We Think About Charity Is Dead Wrong. TED Talk.
ted.com/talks/dan_pallotta
Climate Policy Initiative (2024). Global Landscape of Climate Finance 2024.
climatepolicyinitiative.org/publication/global-landscape-of-climate-finance-2024
Frequently asked questions
What is a Malta Purpose Foundation?
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A Malta Purpose Foundation is a legal entity codified in Chapter 16 of Malta's Civil Code (Articles 26–32). Unlike a company, it has no shareholders; unlike a charity, it can generate and retain commercial revenue. Its founding purpose is written into its statute and, once the foundation is registered, binds it in perpetuity — the mission cannot be rewritten, sold, or privatised, even by its founders. GreenSweep's operating entity today is GreenSweep Pte. Ltd. (Singapore), currently in formation as a Malta Purpose Foundation.
How is a purpose foundation different from a charity?
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A charity depends on donations and typically reports outcomes twelve to eighteen months after the fact. A purpose foundation generates its own revenue through commercial partnerships and can direct a fixed percentage to its stated purpose through its statute. Once such a foundation is registered, trust becomes structural — enforced by Maltese law and the Malta Business Registry — rather than behavioural or reputational. GreenSweep Pte. Ltd. (Singapore) is currently in formation as a Malta Purpose Foundation; until registration the allocation rests on the company's binding public commitment.
Can the mission ever be changed?
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Once the foundation is registered, no. The mission clause of a Malta Purpose Foundation is legally frozen at incorporation, and any attempt to redirect capital to shareholders or shift the foundation's purpose would be void under Chapter 16. GreenSweep Pte. Ltd. (Singapore) is in formation as such a foundation, so that lock takes effect upon registration; today the commitment is a binding public commitment of the company. Separately, GreenSweep's project allocation is a floor rather than a target: it can be raised, and raising it is good news rather than a broken promise.
How is the 50% of profits commitment enforced?
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GreenSweep Pte. Ltd. makes a binding public commitment to allocate at least 50% of profits to verified environmental projects, and publishes what it earns, what it spends, and what it allocates on the Transparency page so the commitment can be checked rather than trusted. Profit will be defined in our published annual accounts; we will disclose the methodology before the first distribution.
Why Malta rather than another jurisdiction?
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Malta's Civil Code explicitly recognises purpose foundations as a distinct legal form, with a mature public registry and binding mission clauses. Most common-law jurisdictions treat similar structures as charities or unincorporated associations, both of which allow governance drift over time. Malta's framework is what makes the mission lock load-bearing once a foundation is registered, which is why GreenSweep Pte. Ltd. (Singapore) is in formation as a Malta Purpose Foundation.
Sources
- 1.GovernmentMalta Civil Code Ch. 16 — Purpose Foundations
- 2.GovernmentGDPR — Regulation (EU) 2016/679
- 3.IndustryGold Standard — Voluntary Carbon Market
- 4.IndustryClimate Policy Initiative — Global Climate Finance 2024

Byron leads GreenSweep’s go-to-market strategy and technology. His Harvard study of cooperation and game theory shaped the platform’s voting model. Most recently he built a 100+ person APAC team deploying IoT technologies for clients including the Hong Kong MTR.
Dartmouth, UPenn, Harvard, Saïd Business School (Oxford)