Centre for Impact Investing and Practices (CIIP)

#Throwback – Jointly with Temasek, Centre for Impact Investing and Practices (CIIP) was pleased to have co-hosted our friends in the industry at the Impact Investing Roundtable 2024 earlier this year. Hear from Fay Choo, Asia Cocoa Director for Mars and En Lee, Head of Sustainable and Impact Investments Asia at LGT Private Banking, on their reflections and takeaways from the discussions on #sustainability🍃in #supplychains and #climateinvesting🌏in emerging markets. Keep watching this space or follow us for updates on the next roundtable!

The Amplifier mentorship programme’s model leverages #philanthropy as a catalytic force, and combines resources across industries and sectors to establish the infrastructure required for impact businesses to scale, says Ms. Chii Fen Hiu from the Centre for Impact Investing and Practices (CIIP). “We hope that through our 12-month programme, which will provide access to mentorship, advisory services, and catalytic capital, we are able to support these ambitious impact entrepreneurs to deliver positive impact at scale across the region,” she adds. The 2024 cohort of mentees comprises: 👖 Circ® (US): Recycling global fashion waste back into textiles, powering clean closets with patented technology 🔋 GRST (HK): Making sustainable lithium-ion batteries free from toxic PFAS “Forever Chemicals" 🐟 MAYANI (PH): Reshaping rural agricultural value chains through market access, climate-positive inputs, and credit 🍄 MYCL | Mycotech Lab (ID): Developing low-carbon composite and leather-like material from mycelium ♻ Sampangan.id (ID): Providing sustainable waste processing services by transforming waste materials into versatile raw materials The #Amplifier is a collaboration by Temasek Trust ecosystem entities — CIIP and the Philanthropy Asia Alliance (PAA) — to nurture impact startups to become commercially viable and amplify positive impact in Asia. 🚀 https://lnkd.in/gGMrUWm7 The Amplifier welcomes more partners to come onboard. For queries, please reach out to amplifier@temasektrust.org. #Impact #Startups #Mentorship #Partnerships #CapacityBuilding

What does it take to be a B Corp 🏆, and how does B Corp certification benefit businesses? 🎤 Hear from some of our B Corps operating in Asia! Thank you Silky Raheja of ABC Impact, Andrew Lim of boxgreen, Bertram F. of SukkhaCitta and Chris Marchant of Vitasoy International for your insights. B Lab B Lab Singapore B Market Builder SEA Leping Social Entrepreneur Foundation B Lab Taiwan B Lab HK & Macau B Market Builder Japan MYSC

Growsari is a tech-enabled business-to-business (B2B) platform that helps the Philippines’ sari-sari stores get better service levels, assortment, and access to new services. Growsari provides the stores with the infrastructure and tools they need to transform from simple fast-moving consumer goods (#FMCG) outlets to comprehensive service hubs for the nation’s grassroots communities. There are over 2 million #MSMEs in the Philippines, many of which are sari-sari stores, or mom-and-pop shops. Sari-sari stores account for over 60% of MSMEs in the Philippines. Sari-sari stores face the need to procure a variety of goods to service the needs of their neighbourhoods. They need to deal with multiple distributors, multiple suppliers, and the #supplychain is complex and expensive. Despite significant improvement in financial services penetration and adoption, there remains a large gap in #financialinclusion in the Philippines, especially among those in the lower socioeconomic brackets. Growsari’s founders, who had prior experience at P&G and Unilever, felt the distribution and supply chain as well as financial inclusion issues faced by sari-sari stores impeded business operations and income generation. Growsari’s solution is to look at the full supply chain - from buying, to storing goods, to last mile distribution, and solving each element to ensure a cost-effective distribution of goods. Growsari’s supplier marketplace called Sarimart gives sari-sari stores access to the distributor list prices enjoyed by large stores and wholesalers. In addition, Growsari’s financial services arm called Saripay provides stores the tools they need to manage their respective businesses - including access to credit, cashless payments, and various business management solutions. Download the full case study here: https://lnkd.in/g9GVnDPg 

🎥 Hear from the Amplifier 2024 cohort of impact innovators — Circ®, GRST, MAYANI, MYCL | Mycotech Lab, and Sampangan.id — when they were in town for the mentorship programme’s induction week! Highlights from the induction week included: - Amplifier mentors opening dinner - Training sessions led by Amplifier partners - Impact Investing Roundtable 2024 - Philanthropy Asia Summit 2024 The year-long Amplifier capacity-building programme — by Temasek Trust ecosystem entities, the Centre for Impact Investing and Practices (CIIP) and Philanthropy Asia Alliance (PAA) — aims to nurture impact startups to become commercially viable and scale positive impact in Asia. The #Amplifier welcomes more partners to come onboard. For queries, please reach out to amplifier@temasektrust.org. In case you missed it, check out our article about the induction week: https://lnkd.in/g5mpAbJM Frank Harley, Justin Hung, JT Solis, Puneet Verma, Luke Henning, Peter Majeranowski, Annisa Wibi, Muhammad Fauzal Rizki, Hana Purnawarman, Adi Reza 🍄 500 Global, ABC Impact, Accenture, Allen & Overy, Antler, B Lab Singapore, CapitaLand, Circulate Capital, Clifford Chance, Daya Selaras Group, Dechert LLP, Deloitte, EDP Renewables, Enterprise Singapore, H&M Group, H&M Foundation, Heritas Capital, Mastercard Center for Inclusive Growth, Mirova, Nusa Transformation Ventures, Nurasa, PwC Singapore, Rajah & Tann Asia, SATS, Schneider Electric, SOSV, Temasek Life Sciences Accelerator, TOLL, UNDP SDG Impact, UOB, UOB Venture Management, Vickers Venture Partners, WongPartnership LLP   #Impact #Startups #Innovation #Mentorship #Partnerships #CapacityBuilding

A throwback to the Impact Investing Roundtable organised by CIIP and Temasek earlier this year, on the sidelines of Ecosperity 2024. We were delighted to convene stakeholders in the impact investing space, spurring conversations and building connections. #impactinvesting Dilhan Pillay Desmond Kuek Benoit Valentin David Heng Dawn Chan Lin-Net Koh Eliza Foo Di Fu Jeannette Wan Amelia T. Sue-Ann Huang Chii Fen Hiu Akhil Khurana Zhenyu Peh Jonathan Chan Dean Hand Sarah Schwimmer

#CIIP was glad to participate in DBS Private Bank's recent Future Leaders Programme on 7 June. The Programme focuses on the importance of dialogue between the generations and the critical role that the next generation plays in preserving the family legacy. The three-day event discussed themes surrounding sustainability, impact investing, business leadership and family governance. CIIP’s Director Chii Fen Hiu conducted a training session providing an overview of the spectrum of capital and where impact investing sits in relation to philanthropy and traditional investing, the universe of impact frameworks and how they help ensure impact accountability for investors and companies, as well as avenues by which clients could drive impact. To illustrate this, CIIP’s Manager Jonathan Chan led clients through a case study of a large family-owned corporate and encouraged them to consider formulating a business strategy with business and sustainability considerations. We are grateful to DBS Private Bank for the invitation and are encouraged by the eager participants of the programme and their aspirations toward achieving a sustainable future. #ImpactInvesting #SustainableBusiness #FutureLeaders DBS Bank Images courtesy of DBS Private Bank

Last Friday, #CIIP had the opportunity to participate at the Caixin Asia Roundtable, centred on the theme ‘Impact Investing in Asia: Unveiling True Change Makers’. The event is part of Caixin Global's series of impact investing events in partnership with Ford Foundation and co-organised with the Global Family Office Circle (GFO Circle), a division of the Wealth Management Institute (WMI). The roundtable focused on the importance of preventing greenwashing and impact-washing, as well as practical impact investing strategies and approaches. CIIP’s Manager Jonathan Chan gave a presentation outlining Temasek Trust's ecosystem and investment strategies, describing the various areas of focus for CIIP’s work in helping build the ecosystem for impact investing in Asia, and introducing the #Amplifier and Co-Axis as initiatives built on rigorous screening for impact. CIIP’s CEO, Dawn Chan, participated in a Q&A discussion alongside the event’s other presenters, Wai Chiew CHIK, CEO of Heritas Capital, Alan Phua, CEO of Alchemy Foodtech , and Bill Lee, CEO of Azendian Solutions. The conversation highlighted the entwining of #commerciality and #impact, the necessity of identifying solutions that have a good #trackrecord of delivering positive outcomes, opportunities for different stakeholders to come together to advance impact investing in Asia. Our gratitude to Caixin Global and WMI for the invitation, especially our hosts Xin Li and Brian San. We look forward to more fruitful engagements with potential partners from China and the opportunity to move the impact investing sector forward together. 影响力投资与实践中心（CIIP）在6月21日受邀参于财新传媒在新加坡举办的亚洲圆桌会议。圆桌会议的主题是“影响力投资在亚洲：发现真正的创新者”，即财新国际联合福特基金会举办的国际影响力投资系列论坛之一。财富管理学院(WMI)旗下的环球家族办公室圈(GFO Circle)也是此圆桌会议的共同举办方。 圆桌会议的主题集中于怎么避免“漂绿”和“影响力漂洗”，以及讨论影响力投资的实践方法和途径。CIIP经理陈超义介绍了淡马锡信托的生态系统及投资关注和范围，也解释了CIIP以支持亚洲影响力投资的生态系统的项目和研究。他介绍了中心具体的加强影响力筛选的项目：“增强”计划（Amplifier）和Co-Axis平台。 CIIP的首席执行官陈敏仪和Heritas Capital的首席执行官兼执行董事植伟超，Alchemy Foodtech 的首席执行官潘炜铨，和Azendian Solutions的首席执行官李招豪共同参与了圆桌会议中的Q&A问答环节。讨论强调投资回报和影响力汇聚的重要性，确认良好业绩的解决方案，和利益相关者在亚洲推动影响力投资发展的机会。 我们感谢财新和WMI的邀请，也特别致谢于节目的主办方李昕和辛保运。我们期待加强发展与中国各方的合作和交流，并有望机会共同推动影响力投资的发展。 #ImpactInvesting

Funding Societies | Modalku Group is the largest unified small and medium enterprise (#SME) digital finance platform in Southeast Asia, with a commitment to improving the region’s societies by funding worthy and #underserved micro, small, and medium enterprises (#MSMEs). Over 73 million SMEs operate in ASEAN which comprise about 97 to 99% of total enterprises in the region. MSMEs face significant barriers to formal financing as traditional commercial banks cater to large enterprises and typically offer products that do not fit the financing needs of MSMEs. In Southeast Asia, around 39 million MSMEs (51%) are either unserved or underserved by financing services. Established in 2015 in Singapore to provide #financial and #business support to underserved MSMEs, they have helped MSMEs to grow their businesses and individual and institutional investors grow their portfolios. Kelvin Teo, CPA ☀️, Group CEO, explains that Funding Societies’ mission is “to help small businesses in Southeast Asia, who are seen as underdogs, to access the financial services and enabling tools they need to succeed." Following their Singapore launch, Funding Societies expanded to Indonesia in 2016 and Malaysia in 2017, launched a crowdfunding platform in Thailand in 2021, and launched in Vietnam in 2022. Download the full case study here: https://lnkd.in/duvNRfi7

🌍 On this #WorldEnvironmentDay, we are thrilled to celebrate the innovative spirit of our first cohort of #Amplifier mentees!   Themed “Climate and Nature”, Amplifier’s 2024 programme focuses on scaling solutions around sustainable agriculture, circular business models, waste management, sustainable materials, and emissions reduction. 🌱   Our five trailblazing impact innovators are dedicated to restoring ecosystems and driving #Asia-centric sustainable solutions for our planet: 👖 Circ®(US), 🔋 GRST(HK), 🐟 MAYANI(PH), 🍄 MYCL | Mycotech Lab(ID), and ♻ Sampangan.id (ID)   With support from our Impact Innovation Partner, Mastercard Center for Inclusive Growth, each mentee will receive catalytic philanthropic capital of up to S$250,000. They will also benefit from practical mentorship and expertise from over 30 industry veterans throughout the year-long programme.   The Amplifier is a collaboration between the Philanthropy Asia Alliance and the Centre for Impact Investing and Practices (CIIP) to nurture impact startups, making them commercially viable and scaling positive impact in Asia.   Learn more about our mentees below ⬇️   #ClimateAction #Sustainability #Philanthropy #GenerationRestoration #Mentorship