Money Meets Mission AVPN

With significant amounts of capital being directed towards impact investing, the locus of attention is on impact measurement and management (IMM).  Effective IMM is hampered by challenges such as the lack of a universal framework, inconsistent use of metrics, and impact washing.

In this episode, Prof. Hao Liang,  Associate Professor of Finance at Singapore Management University will speak on the industry progress in standard-setting, establishing benchmarks and much more along with our host Teymoor Nabili.

To learn more about AVPN, visit: https://avpn.asia/
To connect with the AVPN Impact Investing team, please contact: madhura.badkilaya@avpn.asia

The impact investing landscape is experiencing unprecedented growth in both depth and sophistication, reflecting a dynamic evolution over the last couple of years. As the industry grows, impact investors find themselves at the intersection of profound challenges, regulatory shifts, and transformative global events. 

In this inaugural episode, we explore the nuanced journey of impact investing in Asia with Mr. Wai Chiew Chik, CEO of Heritas Capital Management along with our Podcast host Teymoor Nabili, a veteran journalist.

To learn more about AVPN, visit: https://avpn.asia/
To connect with the AVPN Impact Investing team, please contact: madhura.badkilaya@avpn.asia

In an era of information abundance, organisations have immense data which could be used to inform or drive various impact initiatives. However, figuring out how to utilise data for impact is challenging. Artificial Intelligence (AI) tools, despite contentions on the role they play, have already allowed the processing of data in impressive speeds that continuously help professionals generate actionable insights.

Impact Intelligence, an organisation that leverages AI to help business achieve ambitious goals, speaks about using data to amplify one's impact and exploring ways in which the technology can be useful. Its Co-founder Niko Moesgaard and Program Manager Guliz Koldas highlight the importance of starting with information you already have and share use cases from their work where they help organisations achieve their impact goals.

Key Moments:
5:39 - Various ways in which data can be used for impact8:27 - Case studies12:48 - Taking the first step towards leveraging data for impact15:35 - The AVPN member monitor19:06 - Importance of sharing data and working together20:35 - Humans + AI24:05 - Recommended reading: All-in On AI by Thomas Davenport and Nitin MittalLearn more about the work of Impact Intelligence through their website and by going through their case studies.
The Corporate Social Impact Insights series of the Money Meets Mission podcast is part of the AVPN Academy Corporate Social Impact Centre,  which was established in partnership with Johnson & Johnson, Miller Trust and Visa. The center also includes self-paced modules, a library of content, and Learning Circles, which are a monthly series of small group discussions for corporate practitioners. To learn more, visit the AVPN Academy Corporate Social Impact Centre. 

The surge in the popularity and utility of artificial intelligence (AI) presents several opportunities for the philanthropic sector - both in leveraging the technology to improve ways of working, as well as playing a key role in supporting the safe development of AI.
Chris Malone, Partner at Dalberg, speaks about how philanthropy can use AI by sharing eight areas where philanthropists might use AI to transform their work, and conversely, how AI can use philanthropy by encouraging funding to go into AI research.

Key Moments:
2:00 - Setting the bookends: risks and opportunities in AI12:30 - 8 Areas where philanthropy might engage with AI20:00 - Working with grantee organizations - how could grantee organizations benefit from AI?24:40 - Philanthropies as centers of excellence26:50 - How AI could use philanthropy34:40 - Existential risk in AI and why we need all kinds of philanthropists funding research into all kinds of risks and possibilities in AI39:10 - How corporates could think about corporate social impact as a sandbox for innovation, such as in AI. 43:45 - Recommended reading from Chris: AI 2041 by Kai-Fu Lee an Chen QiufanThe Corporate Social Impact Insights series of the Money Meets Mission podcast is part of the AVPN Academy Corporate Social Impact Centre,  which was established in partnership with Johnson & Johnson, Miller Trust and Visa. The center also includes self-paced modules, a library of content, and Learning Circles, which are a monthly series of small group discussions for corporate practitioners. To learn more, visit the AVPN Academy Corporate Social Impact Centre. 

While corporate organisations recognize the importance of sustainability, the risks of innovation slow down the pace at which businesses make their sustainability transition. How can we de-risk innovation so that corporate organizations are empowered to take the lead in sustainability?

Joyce Wong, Grant Manager at Porticus, shares key levers that can drive corporate innovation for sustainability and gaps that hinder innovation. 

Key Moments:
2:33 - Introduction to Joyce and Porticus4:14 - Holding businesses accountable through the Purposeful Business programme8:50 - Working towards the programme goals through better policy and regulation, data and resources, and multi-stakeholder engagement9:24 - Localising a global programme12:26 - Identifying opportunities and challenges in sustainability
The Corporate Social Impact Insights series of the Money Meets Mission podcast is part of the AVPN Academy Corporate Social Impact Centre,  which was established in partnership with Johnson & Johnson, Miller Trust and Visa. The center also includes self-paced modules, a library of content, and Learning Circles, which are a monthly series of small group discussions for corporate practitioners. To learn more, visit the AVPN Academy Corporate Social Impact Centre. 

Corporate Social Impact (CSI) is often seen as a cost centre in a business. In this episode, learn why a perspective shift is needed to consider it more as a strategy and innovation partner.

Dr. CJ Meadows, of the SP Jain Global School of Management and The Tiger Center, share four key approaches that can be used to improve a business, develop new initiatives, and create impactful and innovative solutions.

Key Moments:
2:03 - Introduction to Dr. CJ Meadows and her work3:09 - Unpacking the bold claim that Corporate Social Impact is more than a cost centre5:01 - Understanding disruption10:30 - Applying design thinking approaches in development work18:42 - How greening can lead to financial savings (Related reading: How to Cool Down a City)23:30 - The Golden Triangle and its origin29:58 - Bringing it all together
Keep in touch and learn more about Dr. CJ Meadows' work through her
LinkedIn,  website, The Innovation & Entrepreneurship Centre, and the Tiger Center.

The Corporate Social Impact Insights series of the Money Meets Mission podcast is part of the AVPN Academy Corporate Social Impact Centre,  which was established in partnership with Johnson & Johnson, Miller Trust and Visa. The center also includes self-paced modules, a library of content, and Learning Circles, which are a monthly series of small group discussions for corporate practitioners. To learn more, visit the AVPN Academy Corporate Social Impact Centre.