Our Profit Commitment
GreenSweep is a for-profit company. We commit at least 50% of profits to verified environmental impact projects, voted on by our members. This page is the public, binding statement of that commitment, the definitions that make it auditable, and the governance that holds us to it. The percentage is a floor, not a target; we will publish the realised ratio every allocation period on the Transparency dashboard, and we will not reduce the commitment below it.
The pledge
We commit, by public statement and corporate resolution, that:
- at least 50% of profits, measured per allocation period, will be directed to verified environmental impact projects.
- The projects funded in each period are chosen by member vote, weighted as defined in the Voting Rules.
- All allocations are reported on the Transparency dashboard within 30 days of each period close.
- We do not pre-commit funding to any single project, partner, or geography.
What we mean by profit
GreenSweep is a private company, not a charity, and this commitment is measured on profit — what is left after the costs of running the platform are paid.
Profit will be defined in our published annual accounts; we will disclose the methodology before the first distribution.
We have not begun distributing, so no accounting basis has been applied yet. Any allocation figure published before that methodology ships should be read as provisional.
If a period produces no profit, no allocation is owed for that period. We will say so publicly rather than quietly skip a report, and the commitment continues to apply to every period that does.
How we allocate
- At the close of each allocation period, the platform tallies the votes cast by members during that period.
- Profit for the period is determined on the basis published in our annual accounts.
- at least 50% of profits for the period is split across the funded projects in proportion to votes received, subject to project-level minimums and standard fraud filtering described in the Voting Rules.
- Disbursements are made directly to the receiving NGOs or project operators via bank transfer or, where appropriate, milestone-gated escrow.
- Each disbursement is recorded on the Transparency dashboard with the amount, recipient, period, and the tally of votes that produced it.
Audit and verification
- All revenue, allocation, and disbursement data flows from our internal accounting ledger to the public Transparency dashboard. The dashboard is the receipt for this commitment.
- Once incorporated, the Malta Purpose Foundation will publish annual financial accounts with the Malta Business Registry, externally audited.
- Any discrepancy between this commitment and an actual disbursement period will be acknowledged publicly within 30 days of the period close, with cause and remediation.
Operating entity and Foundation
GreenSweep is operated today by GreenSweep Pte. Ltd., a private limited company registered in Singapore. GreenSweep Foundation is in the process of being established as a Malta Purpose Foundation under Chapter 16 of the Laws of Malta. The Foundation's purpose, once incorporated, will be to safeguard and direct the impact mission described on this page. Today this is a binding public commitment of GreenSweep Pte. Ltd. and of no other entity. If the Foundation incorporates, we intend to carry the same commitment across to it and will say so here at that time.
We will update this page when the Foundation incorporates, and will reflect the change in the public registry record at that time. The percentage commitment will not decrease.
Effective date and signatures
- First published: 2 May 2026
- Version: 2.0
- Signed by:
- Byron Fuller, Co-Founder, GreenSweep Pte. Ltd.
- Hiram Powers-Heaven, Co-Founder, GreenSweep Pte. Ltd.
Once the GreenSweep Foundation incorporates, this page will be re-signed by the Foundation Board.