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Fortune
Fortune
Emma Hinchliffe, Joseph Abrams

The women-led companies on Fortune's Change the World list

Mette Lykke (Credit: Courtesy of Too Good To Go)

Good morning, Broadsheet readers! Lululemon is hitting the brakes on Mirror, British entrepreneur Debbie Wosskow is sounding the alarm on the potentially harmful consequences of women working from home, and these companies are changing the world. Have a restful weekend!

- Big impact. Every year, Fortune's Change the World list honors companies that are making a difference while also making a profit—or doing well by doing good. The new edition of the list is out this week, and women-led businesses are among the 50 companies making an impact. Still others are working to improve the lives of women worldwide.

—Santander, the Spanish bank led by executive chairman Ana Botín, runs a program called Santander Universities that offers scholarships and entrepreneurship opportunities in 25 countries. It's reached 1 million people since its founding in 1996.

—The Swiss biopharmaceutical company Ferring, which specializes in maternal health as well as gastroenterology and urology, developed heat-stable carbetocin, a drug that works to prevent postpartum hemorrhage. The drug doesn't need to be kept as cold as oxytocin, traditionally used to address the dangerous childbirth complication that kills 70,000 women a year globally. Since 2021, Ferring has delivered more than 800,000 doses to 15 countries where storage and transport of oxytocin is challenging.

— The technology offered by Maria Colacurcio's Seattle-based startup Syndio is used by companies like Walmart and Salesforce to analyze race- and gender-based pay gaps. Syndio says it's helped underpaid workers receive $167 million in compensation.

— Bobbie, the infant formula startup led by cofounder and CEO Laura Modi, saw its customers through last year's U.S. formula shortage and is poised to expand its market share with a recent acquisition.

— Yum China, the company behind brands KFC and Pizza Hut in China and led by CEO Joey Wat, has implemented "grow local initiatives" to introduce regional produce to menus and help address rural poverty.

— CEO Mette Lykke's Too Good to Go has kept 243 million meals out of landfills by selling restaurants' extra food for a discount.

— An alliance of Australian VCs is committed to sharing data about their investments and vetting processes to help close the country's funding gap for women founders.

For more, see the full 2023 Change the World list here.

Emma Hinchliffe
emma.hinchliffe@fortune.com
@_emmahinchliffe

The Broadsheet is Fortune's newsletter for and about the world's most powerful women. Today's edition was curated by Joseph Abrams. Subscribe here.

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