Heritas Capital’s Post

We’re at the inaugural DBS Foundation Impact Beyond Summit! We’re so excited to have been honourees at the event, celebrating our longstanding partnership with DBS Foundation. The Summit brought together leaders to explore the changing role of businesses in society, how social good can be integrated into business models, the role of public-private partnerships in facilitating change, and much more. The Summit also saw the launch of the Impact Beyond award. Karen Ngui, Head, DBS Foundation and DBS Bank Strategic Marketing and Communications, said, ‘The new DBS Foundation Impact Beyond Award seeks to support and scale purpose-driven businesses that are tackling the urgent challenges of an ageing society. We are looking for innovative solutions that enhance the quality of life, improve healthcare and nutrition, combat social isolation, build a multigenerational workforce and ensure financial resilience for the vulnerable. Together, we can build a society that sees ageing populations not as a problem, but as an opportunity to create longevity solutions and do well by doing good.’ We’ll share more insights from the Summit soon! Monica Datta Shoma Narayanan Claire Wong-Low Rohan Das Rohini Rego Ramakrishnan Hariharan Azmat Habibulla -- Aniket Doegar | Surabhi Kakrania | Rohan Madhura Karnik Gayathri Shanmugam Savita Muley -- #dbsfoundation #impactbeyondsummit #impactbeyondaward #dbs #haqdarshak #socialimpact #opennetworks #development #tech #data #governmentschemes #empowerment #lastmiledelivery #partnership #csr #ngo #philanthropy #msme #yojanacard

“Which is a priority to you? Social impact or return on investments?” Tackling this question from an audience member at a panel discussion during the 2024 World Ageing Festival, Claire Wong, Executive Director of DBS Foundation and Chik Wai Chiew, CEO of Heritas Capital, said an investor should always expect a return for any investments made. The real question becomes – what kind of returns? Together with Heritas Capital, we formed the Asia Impact First Fund (AIFF) as we believe returns aren’t just financial gains, but also the long-term social and environmental impact. AIFF takes an impact-first approach when investing in innovative and high-growth social enterprises, giving them the patient capital they need to thrive and fulfil their potential, and scale up both their business and impact. In 2023, AIFF invested its SGD 2 million in coffee and beverage social enterprise Bettr Group to grow its roastery and fund programmes that help marginalised communities. The fund also looks to support more social enterprises that are addressing pressing societal issues in Asia. #DBSFoundation #activeageing #digitalinclusion #financialinclusion #retirement #AAIF2024 #WAF2024 #WorldAgeingFestival #AgeingAsia

The Schwab Foundation for Social Entrepreneurship and World Economic Forum showcasing the work of Common Good Marketplace?!? I am grateful and humbled that we've had the opportunity to share our mission and what we've built on a global scale. Almost a year ago we joined a working group with leading social impact practitioners, corporates, funders and experts to develop a landmark report on innovative finance that was just released. Below is an excerpt and you can find the full report here: https://lnkd.in/eYAMcauM "Building on this market experience, some stakeholders are testing the idea of tradeable impact, where social impact credits are valued and traded, thereby democratizing market access. The environmental credit markets, such as the carbon market, exemplify the potential of OBF to standardize and scale. Payment models such as SPCs (Social Progress Credits) or exchange platforms like Common Good Marketplace are facilitating the emergence of the social impact market equivalent." What's next? The next phase of this work will focus on taking outcome-based financing to tradable impact and display case studies of CGM's marketplace transactions of Verified Impact Assets (VIAs). Stay tuned! #tradableimpact #impactexchange #SDGs #SPCs

Companies face growing ever increasing scrutiny from customers, regulators and policy makers of the impact that they have on the world. Demonstrating the positive social impact you’re having can be difficult, however, and too much money is wasted on initiatives that don’t deliver real progress.  What if we told you there’s a way for companies to contribute to society in a way that is measurable and reportable – connecting the dots between funding, prosperity, and positive impact that changes people’s lives? Common Good Marketplace was designed to make these connections, and we are delighted to have collaborated with the Schwab Foundation for Social Entrepreneurship and the World Economic Forum on the development of a new report to help businesses navigate this challenging landscape. 🤝 Offering a practical roadmap for organisations looking to integrate social impact into their corporate engagement strategy, “Beyond Compliance: Embedding Impact through Innovative Finance” explores how companies can harness the power of new finance models, like social impact marketplaces, to find and fund the organisations making a real difference in the world and understand the impact of donations. 🌎 We are proud to have been named in this report as a specialist and trusted advisor in innovative finance tools that deliver tangible social outcomes, and we encourage all businesses large and small to join this movement! 🚀 You can read the full report here ➡️https://lnkd.in/eYAMcauM #ImpactVerification #SDGs #ImpactMarketplace #SocialImpact #CSR #CorporateSocialResponsibility

How far can one year take us? From bold ideas to global impact, 2024 was nothing short of extraordinary! In 2024, we took bold steps to empower young innovators and drive impactful change. We are incredibly thankful to every innovator, partner, and supporter who believed in our mission. Together, we’re building something unique: we are the the world’s first microfinance platform focused on young innovators. Through our work, we have distributed over a thousand grants across 5 continents and 5 critical issue areas, totaling over $350,000 in funding. These grants fueled ideas that are already shaping a better future 🌍 Want to explore everything we accomplished this year? Dive into the highlights and see how we’re shaping the world, one idea at a time. Here’s to even more impact in 2025✨💡 #RIVET #SocialImpact #YouthInnovation #Microfinance

Exciting news! Beyond Compliance: Embedding Impact through Innovative Finance, a new report from the Schwab Foundation for Social Entrepreneurship, in collaboration with the World Economic Forum, Rockefeller Philanthropy Advisors and SK Group's Center for Social Value Enhancement is now live! This insightful report offers practical guidance on deploying innovative financial solutions like outcome-based funding to integrate social impact into core business practices. Real-world examples show how companies can link payments or investments to specific, measurable, and auditable results. Learn how you can address social issues without overhauling existing processes: https://lnkd.in/eYAMcauM Thank you! Tae-won Chey, Latanya Mapp, Alejandro Alvarez von Gustedt, Patrick Briaud, Gayoung Imm, Colleen Muse, MPP, Ankie Ng, Daniel Nowack, Susan de Witt, Dr. François Bonnici, Doyin Omidiran, Mara Airoldi, Andrew Baird, Peter Beez, Alexandra Blain, Isis Bous, Christian Brändli, Mario Calderini, Eleanor Carter, Miléna Castellnou, Dr Delton Chen, Dhun Davar, Janis Dubno, MBA, Facundo Etchebehere, Nicola Galombik, Martina G., Serena Guarnaschelli, Avnish Gungadurdoss, Cynthia Hansen, Common Good Marketplace, UBS Optimus Foundation, Aceli Africa, BNP Paribas, Unilever, Wecyclers Corporation #social #impact #innovation #finance

Excited to share that I’ve successfully completed the NISM course on Listing on the Social Stock Exchange! This program has provided me with in-depth knowledge about the growing intersection of finance and social impact, and I am thrilled to have gained insights into how social enterprises can access capital while promoting sustainable growth. The course helped me understand the regulatory frameworks, governance structures, and the key considerations for listing on a social stock exchange, which is becoming an increasingly important part of India’s capital markets. As the demand for socially responsible investing rises, the Social Stock Exchange presents a unique opportunity for organizations aiming to create positive social change to raise funds and scale their initiatives. In this course I've gained knowledge on following topics: 🔹 Registration and Listing for NPO's and FPE's on SSE. 🔹 Social Enterprises - Instruments and Processes. 🔹 Entities recognised as NPO's. 🔹 Criteria for NPO for Registration and Fund raising. 🔹 Zero coupon zero principal Instruments. 🔹 Entities recognised as FPE's. 🔹 Criteria for FPE's for fund raising. 🔹 Disclosure requirements for Social Enterprises. 🔹 Annual reporting formats. I look forward to leveraging this newfound knowledge and contributing to the growth of the sector, helping bridge the gap between impact-driven organizations and investors. Grateful for this learning experience and excited to continue exploring the potential of socially impactful financial solutions. #SocialStockExchange #NISM #SustainableFinance #ImpactInvesting #FinancialInclusion #LearningJourney

Moving Capital Towards Impact! #AVPN #AVPNIndonesia #ImpactInvesting #IndonesiaESG #SustainabilityIndonesia

Happening now: Join this important conversation with collaborators of Fundación ”la Caixa”'s global initiative #Work4Progress such as Rockefeller Philanthropy Advisors Development Alternatives Fundación Grupo Social Caja Huancayo on innovative financing instruments to achieve impact with vulnerable people. Hear keynotes from the WSBI-ESBG Managing Director Peter Simon and the Chairman of the Al Barid Bank Morocco and President of the WSBI African Regional Group al-amine nejjar on how they think the conversation about impact focused #microcredit, performance based #guarantees and #subsidies can be reset to help vulnerable social groups, in particular rural women entrepreneurs overcome financing gaps and be more resilience against increased events of #climate and other shocks. Kanika Verma Alejandro Alvarez von Gustedt

🌟Here's an exciting opportunity to scale your impact! 2024 DBS Foundation Grant is now open for applications. This year, the grant will be focused on scaling innovative social enterprises (SEs) and small and medium-sized enterprises (SMEs) that help create a more inclusive world and bring enduring change to vulnerable communities in Asia. We would like to invite businesses solving for urgent needs such as - providing food security, shelter, access to basic education and healthcare (including mental health), or fostering financial inclusion for those in need, to apply. Since 2015, DBS has awarded more than 140 enterprises (SEs and SMEs) with grants to help them scale up their business and impact. They are looking for businesses that have proven market traction and at least 2 years of track record. Let's join hands to co-create a more inclusive, sustainable and mindful world. #SocialInnovationPark #UnicornsForGood #DBSFoundationGrant #DBSFoundation #Impact #SocialEnterprises #SME https://loom.ly/UfsJ3xE