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IMPACT INVESTMENT EXCHANGE
WWW.IIXGLOBAL.COM
CONNECTING THE BACK STREETS OF UNDERSERVED COMMUNITIES
TO THE WALL STREETS OF THE WORLD
2020
IMPACT
REPORT
CONTENTS
FOREWORD
IMPACT SNAPSHOT
RISK OF INNOVATION
IMPACT FOR NEXT GENERATIONS
RETURN ON SUSTAINABILITY
MOVING FORWARD
03
04
06
11
18
20
WHO WE ARE
We are the pioneer in impact
investing and the global leader in
sustainability. We have
transformed the financial system
so that women, the environment
and underserved communities are
finally given a value and a voice in
the global market. Our mission is to
create a billion sustainable
livelihoods by 2030.
ABOUT IIX
02
COVID-19 has fundamentally changed the way
that we invest and do business. It has also set us
back by decades of progress on sustainable
development. The question is, are we ready for
the new sustainability norm?
The pandemic has revealed just how much
more can be done to build a truly inclusive and
resilient future that reaches the last mile.
COVID-19 will continue to exacerbate
inequalities and cause immense stress on our
healthcare and financial institutions, affecting
the livelihoods of more than 65% of rural
underserved communities and over 100 million
entrepreneurs just within Asia.
Yet there are glimmers of hope. We proved this
to the world when IIX successfully closed our
third Women's Livelihood Bond (WLB3) in
December 2020, raised an unprecedented
amount of capital for 180,000 underserved
women - all during a global pandemic.
In making history, we also proved to the world
that women and underserved communities
across the Global South, who form the
backbone of our families, businesses and
countries, can power the engine for recovery if
we step up.
For IIX, the new norm has been a long time
coming. We began to innovate a new approach to
finance and development after the 2008 financial
crisis, so that we can build an inclusive, resilient
future for everyone.
The foundation of all our work is the framework
Risk-Return-Impact (RRI) - a blueprint for IIX to
transform financial markets and create many
world-firsts—the world’s first social stock
exchange, the first and most successful
crowdfunding platform for impact investing
(Impact Partners), the first impact investing and
gender lens instrument to be listed on a stock
exchange (the Women’s Livelihood Bond Series),
and more.
Our ability to pivot quickly in 2020 through
innovation is a true testament to our approach to
sustainability.
And we have only just begun.
The new norm will require everyone to embrace
risk, return, and impact, and innovate solutions to
Build Back Better. Join us as we build innovative
pathways to support one billion livelihoods for
women, minorities, and underserved communities
by 2030.
Durreen Shahnaz
Founder and CEO
FOREWORD
Women and underserved communities across the Global South form the
backbone of our families, businesses and countries, and they can power the
engine for recovery if we step up.
03
"
"
Ban Kee-Moon
11 YEARS OF IMPACT
04
INVESTMENT CAPITAL
UNLOCKED
$215M 87M 62%
DIRECT AND
HOUSEHOLD
LIVES IMPACTED
WOMEN
BENEFICIARIES
67
1.2M 53 220
DEALS
METRIC TONS
C02 AVOIDED
COUNTRIES KNOWLEDGE
SHARING EVENTS
28M
TREES PLANTED
232K
INDIVIDUALS
EDUCATED ON
IMPACT INVESTING
2020 IMPACT
3M+
PARTNERS
448
TRAINED
COURSES
7
05
IMPACT PARTNERS
INNOVATIVE FINANCE IMPACT
INSTITUTE
5
AWARDS
13
SDGs
31
WOMEN'S LIVELIHOOD BONDâ„¢ SERIES (WLB)
WOMEN BENEFICIARIES
BY 2023
6
COUNTRIES
US$150M
PRIVATE CAPITAL
MOBILIZED
1.1M
ACCESSED
CLEAN ENERGY
19M
ACCESSED
AFFORDABLE
HEALTHCARE
528K
LIVELIHOODS
CREATED IN
SUSTAINABLE
AGRICULTURE
20.6M
DIRECT AND INDIRECT
LIVES IMPACTED
OVERALL MEDIA
REACH
49.4M
RISK
06
OF INNOVATION
By addressing the three dimensions of risk, return, and impact, we
can ensure that the next five years will drive a new era of growth that
outlasts the pandemic. The engine of growth begins with a new
approach to impact measurement, and seeing that our most
vulnerable communities have a voice in the capital markets. From
there, we can accelerate to help businesses pivot and adapt in the
new norm by bridging critical knowledge gaps. Read on to learn more
about how IIX is embracing the risk of innovation.
Looking ahead, IIX Values is expanding to power global
accessibility, new user tools, sustainable procurement, and data
analytics capabilities to mitigate business and investment risks.
In September 2020, IIX officially launched IIX Values™ — the
world’s first data-driven impact verification solution for every type
of organization. Grounded in over 60,000 data points from more
than 360 companies working across 46 countries, IIX Values
identifies, measures, and verifies the social and environmental
value created by every company, while giving customers the
power to verify the positive impacts brought about in their lives.
07
www.iixvalues.com
DEMOCRATIZING IMPACT
IIX VALUES
Why do we need data-driven impact measurement?
Verifying impact remains a challenge for sustainable businesses
and investors. Existing ‘verification’ solutions are based on self-
reporting, call center survey methods, or a review of investor
documentation, which remain blind to the real impact that may or
may not be happening on the ground.
Measuring impact is not new. Listening to women is still radical.
IIX Values takes impact assessments to the next level by listening
to women and underserved communities. The platform empowers
underserved women to verify a company’s impact results—and
their feedback directly influences the organization’s impact and
risk scores. This gives underserved women’s voices a ‘value’ that
carries financial weight in the market.
Measure your impact today:
www.iixvalues.com
OF IMPACT INVESTORS
CONDUCT IMPACT
ASSESSMENTS
98%
INVESTOR PAINPOINTS
INCLUDE THE VOICES OF
BENEFICIARIES
20%
GIIN, 2019, LSE
TO PROVIDE FORWARD-LOOKING
IMPACT AND RISK DATA AT SCALE
IIX VALUES
TO DRIVE SUSTAINABLE
PROCUREMENT FROM VERIFIED
IMPACT BUSINESSES
TO ALLOW INVESTORS TO MEASURE
IMPACT, MITIGATE RISK AND AND
STRENGTHEN PORTFOLIOS
ESG EXTRACTION TOOL
IMPACT SUPPLIER NETWORK
RRI DATA ANALYTICS
LAUNCH OF IIX VALUES
HOWEVER, ONLY...
PIVOTING IN THE COVID-ERA
The IIX Institute is a premier, go-to training center for
impact investing. We're on a mission to fill the critical
need to develop human capital for sustainable
investing, and provide the requisite skills, tools and
knowledge to participate more effectively in the
impact economy. The IIX Impact Institute draws from
its decade of experience to offer customized learning
experiences through online courses, live webinars
and in-person workshops and trainings.
picture To
picture To
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be updated
be updated
be updated
In order to support professionals who are stuck at
home during lockdown, IIX Institute developed and
launched 2 new online masterclasses – ‘Measuring
Impact for Sustainability’ and ‘Innovative Financing
Solutions for Resilience’.
Over 200+ students came together from over 50
countries, with 7 guest lecturers from The Wharton
Business School, Stanford University, Social Value
International, DBS Bank, Nuveen and the Australian
Department of Foreign Affairs and Trade.
IMPACT INSTITUTE
In 2021, IIX Institute will continue to shape the future of
sustainable investing with new topics spanning ESG,
Sustainable Finance and Sustainable Leadership, as well
as new online course formats – with the goal of
educating 5,000 professionals.
Sign up now
www.institute.iixfoundation.org
08
www.institute.iixfoundation.org
GO-TO SUSTAINABILITY HUB
JOIN YOUR PEERS IN
THE MOVEMENT FOR SUSTAINABILITY
STUDENTS ARE FROM
40%
60%
ARE MANAGER-LEVEL
AND ABOVE
SINGAPORE US UK
IIX INSTITUTE 2020
IRENE FISCHBACH
SWISS GRID
"The Masterclass made clear to me
how important it is to speak the
language of the investors and to
integrate the perspective of the
stakeholders if you really want to
make an impact!"
HEAR FROM OUR STUDENTS
ALIN PRATIDINA
GIZ
GERMAN DEVELOPMENT AGENCY
"The training is beyond my
expectation. After taking this course
with very detailed explanation from
Prof. Shahnaz, I understand how to
quantify social and environmental
impact beyond usual M&E used in
my line of work."
PAUL ARC
GOBI PARTNERS
"Fantastic blend between offline
study and online presentation
sessions. Practical and current
knowledge I can bring into the
workplace."
IIX Values™ in Action: The Women’s Livelihood Bond Series
In 2020, IIX Values was successfully piloted to assess a portion of the impact created by the Borrowers of the
Women’s Livelihood Bond 2. By collecting data from a random sample of 285 women beneficiaries across the
portfolio of Borrowers, IIX was able to continue hearing from the voices of underserved women even during the
COVID-19 pandemic. This data provides standardized, outcome-based customer impact metrics across an entire
portfolio.
Each borrower of the WLB2 received an Impact Report, which offers a comprehensive snapshot of the
organization’s mission, financial viability, and positive social and environmental impact to evaluate its contribution
towards the United Nation’s Sustainable Development Goals. IIX Values uniquely assesses their impact along the
metrics of Impact Performance (Organization’s mission, Practices, and Outputs and Outcomes) and Risk
Mitigation (Exposure to Harm, and Capacity to cope with crises). In addition to this, the organization’s impact
creation is verified through customer feedback surveys regarding the affordability, accessibility, and equity of its
services and products. This allows for further validation of the concrete impact generated.
Through IIX Values, we are able to assess and quantify the actual impact that the WLB Series has generated,
as part of IIX's commitment towards empowering women from emerging markets to build COVID-19 resilient
communities. Investors are also able to deepen their understanding of how women impacted through the
WLB are serving as solutions to combat the crisis with the support of the WLB Series portfolio companies.
KEY RESULTS:
LISTENING TO WOMEN
during a pandemic
10
Impact Performance Score: Impact
Performance measures the extent to which
the company is contributing towards social
and/or environmental good. IIX scored 9.7 out
of 10,
Risk Mitigation Score: Risk Mitigation
assesses the extent to which the firm is
reducing the micro and meso risks facing
individuals, households, and communities. IIX
scored 10 out of 10.
IIX Valuesâ„¢ in Action:
Impact Investment Exchange
IIX is pleased to share our verified impact
assessment report. The report supports
companies like IIX in understanding and
improving their impact on customers and the
environment, and gives customers a voice to
verify the impact of the business on their lives.
Ultimately, it empowers investors and funders
with the data to effectively allocate capital and
resources.
The report provides a snapshot of IIX’s impact,
which has been verified by IIX's customers.
Unique features include:
Sign up for your report:
www.iixvalues.com
IIX IMPACT ASSESSMENT
REPORT
10
RETURN
11
ON SUSTAINABILITY
Even before the COVID-19 pandemic, the world was losing out on the gender dividend—a
multi-trillion dollar loss to our futures. If we are to achieve more equitable and resilient
outcomes, we must put women at the center of COVID recovery efforts—because women are
critical solutions to reducing the risk of future crises and building resilience for underserved
communities. But money, or the lack of it, continues to stand in the way of progress.
Leveraging on our track record in innovative finance, IIX is proud to launch several new
instruments to drive women's empowerment as the new engine of growth. Read on to learn
about how IIX is making returns for our investors even during the pandemic.
INNOVATIVE FINANCE
For the first time in the 300-year history of stock exchanges, we finally
have financial instruments that value women. The US$150M Women’s
Livelihood Bond (WLB) Series consists of innovative, multi-country and
multi-sector debt securities that are creating sustainable livelihoods
for over 3 million women across Asia and the Global South.
IIX successfully closed the third bond in the Series, the US$27.7M WLB
3 in December 2020 – demonstrating how innovative gender lens
products can be accelerated even during a global downturn by
addressing key elements of risk, return, and impact for investors. The
WLB 3 advances 13 out of the 17 UN SDGs and will support 180,000
underserved women across Asia-Pacific to respond, recover, and build
resilience in the aftermath of COVID-19.
12
www.iixglobal.com/womens-livelihood-bond-series
THE US$150M WOMENS LIVELIHOOD BONDâ„¢ SERIES
WOMEN’S CATALYST FUND
The WLB 3 is also the maiden investment of IIX’s Women’s Catalyst Fund (WCF), which addresses persistent hurdles
to the scalability of gender lens investing by providing first-loss capital in the form of subordinated notes – thereby
enhancing the liquidity in the market for innovative financial instruments like the WLB Series while increasing the
participation of new private investors.
Backed by the Taiwan International Cooperation and Development Fund (TaiwanICDF), the WCF is a critical next-
generation instrument to power gender lens investing in Asia, Africa and beyond.
WOMEN'S LIVELIHOOD
BOND 2
US$12M
WOMEN'S LIVELIHOOD
BOND 3
US$27.7M
THE NEXT GREEN BOND MOVEMENT:
ORANGE BONDS
WOMEN'S LIVELIHOOD
BOND 1
US$8.5M
The WLB3 continues to gather global momentum by bringing together a diverse range of public and private sector
partners, including the United States Agency for International Development (USAID) and the United States
International Development Finance Corporation (DFC), Shearman & Sterling, Latham & Watkins, Cyril Amarchand
Mangaldas, Clifford Chance, ANZ as the lead placement agent, Standard Chartered Bank, DBS Bank, Partnering for
Green Growth and the Global Goals 2030 (P4G), Global Affairs Canada (GAC), the United Nations Economic and Social
Commission for Asia and the Pacific (UNESCAP) and the United Nations Capital Development Fund (UNCDF). Nuveen
returned as an investor for the third issuance, along with several new institutional investors from New Zealand such as
Pathfinder.
IIX's Women's Livelihood Bond Series is driving
capital to women-focused enterprises like
Indonesia-based KOMIDA to build more resilient
livelihoods and strengthen climate adaptation for
women. KOMIDA is supporting underserved
women with financial and non-financial assistance
in the form of savings, loans, and training, with
100% of beneficiaries being underserved women.
With the capital received through the Bond,
KOMIDA is impacting 159,000 direct beneficiaries
while generating US$4.35 of social value for every
US$1 invested. KOMIDA’s impact maps to 7 of the
UN SDGs and empowers women to increase their
income, build financial resilience through increased
savings, and enhance productivity through WASH
(water, sanitation and hygiene) loans which is
particularly critical during COVID-19.
Women’s livelihoods are deeply tied to climate
issues, and are linked to challenges in access to
water and sanitation facilities. Women in rural
areas play a critical role in their family and
children’s health and wellbeing, as the primary
individual responsible for collecting water for their
family’s domestic and productive activities. As
climate change increases the frequency of
draughts, women face increasingly inadequate
access to water and have to spend more time
travelling to distant water sources, thereby
reducing the time available for other domestic
and income-generating activities. During the
COVID-19 pandemic, these challenges are
exacerbated, with 99 million people in Indonesia
alone lacking access to basic sanitation facilities.
16
Building Resilience
From the Ground Up
KOMIDA
ATEC*
BIODIGESTERS
CAMBODIA
Will enable 7,500
households to access
clean energy
Free up over 3 hours per
day per household—
primarily for women—
from cooking and fuel
needs
Avoid 33,000 metric tons
of carbon emissions per
year
Provided courses in
male-dominated
fields for 1 million
women
Increased awareness
for 20 million youth
and women
Awarded Scholarships
for 704 students
IMPACT PARTNERS
www.impactpartners.iixglobal.com
CAPITAL RAISE
SUCCESS RATE
IIX IMPACT
PARTNERS
73%
CHALLENGE #1:
Difficulty sourcing for
investible enterprises
PIVOT #1:
In 2020, Impact Partners ran 2
IIX Virtual Pitches and closed
5 investment deals totalling
US$5.25M in capital (including
follow-on funding) for
enterprises in healthtech,
cleantech and edtech
verticals.
Established in 2011, Impact Partners is Asia's first and most successful crowdfunding platform for sustainable
investing that connects pre-screened, investment-ready enterprises to IIX’s network of 1,200 accredited
investors, representing over US$12B in assets under management (AUM).
Impact Partners increases the efficiency and effectiveness of the capital raise process by exposing investors to
investment-ready opportunities, providing wrap-around investment support including due diligence, and the
opportunity for co-investments. Impact Partners has pivoted during the pandemic to address some key market
challenges.
RESPONDING TO THE 2020 INVESTMENT CLIMATE
CHALLENGE #3:
Enterprises in critical need of
capital to recover and rebuild
their business
SOLUTION #3:
IIX launched the Emergency
Financing Facility (IEF) – a
revolving blended finance
facility providing refundable
grants and working capital
loans to select high-impact
enterprises.
Measure and monitor portfolio
impact
Receive insights and expert
analysis
Leverage Impact Partners’
strong investment screening
criteria
CHALLENGE #2:
High cost of due diligence
PIVOT #2:
IIX’s Digital Due Diligence Toolkit
allows investors to:
15
20%
AVERAGE OF 318
ACCELERATORS*
°GLOBAL ACCELERATOR LEARNING INITIATIVE (GALI)
EDUKASYON
THE PHILIPPINES
SOLSHARE
BANGLADESH
On track to positively
impact 2.5 million
people by 2023
More than 1,000
women access 75
MWh+ of additional
energy
Avoiding over 2,200
metric tons of carbon
emissions by 2021
FROM THE FIELD: COVID-RESILIENT ENTERPRISES
SOLshare will use the funding from their latest
round to grow their business, and directly impact
66,000 beneficiaries and their households, while
avoiding 2,200 metric tons of carbon emissions.
This support is a continuation of our journey with
SOLshare since 2013, to provide enterprises with
access to capital as they continue to grow. In 2014,
IIX worked to help SOLshare receive grant funding
from the Deutsche Gesellschaft für Internationale
Zusammenarbeit (GIZ) Bangladesh. Later, IIX Impact
Partners and IIX Growth Fund supported the firm
with a US$1.66 million Series A round, raising capital
for SOLshare to increase access to clean energy for
underserved communities.
SOLshare
Throughout the pandemic, COVID-resilient SMEs
across the Asia Pacific continued to hold the line of
impact to support underserved communities. Despite
their critical role in the larger wellbeing and long-
term resilience of the community, innovative firms
like SOLshare still faced challenges accessing
capital.
With investor dollars drying up in the aftermath of
COVID-19, IIX continued to support SOLshare and
other firms with a series of virtual pitches. Most
recently, IIX supported SOLshare with a US$1.1
million financing round.
Raising Capital
During a Pandemic
SOLshare
14
IMPACT
18
FOR NEXT GENERATIONS
We believe that to create systemic change and transform financial
markets, we need system-wide participation from all actors.That is
why IIX Global works closely with IIX Foundation to mobilize on the
one hand, the power of philanthropy, and on the other hand, the
power of finance, to bring women to the forefront of capital markets.
Join us as we support women across all stages of their journey to
empowerment—to transform themselves, their futures and to create
a gender equal world for the next generation.
LIONHEART
Hana, 16
SHE IS MORE young artist
19
SAVE THE DATES!
Competition Winners Announcement
26 February – 8 March 2021
SHE IS MORE Charity Auction
26 February – 8 March 2021 (International Women’s Day)
Come together with friends, families and business
leaders in an Online Auction hosted by IIX and
international auction house, Hotlotz, over 2 weekends as
we build the momentum for the global celebration of
International Women's Day 2021! Bid for a range of
auction items from pre-loved designer handbags, virtual
coffee chats and travel packages. Proceeds from SHE IS
MORE will go towards IIX's work in empowering
underserved women around the world.
IIX and IIX Foundation work together to mobilize the power of finance and the power of philanthropy respectively
to create systemic change, transform financial markets, and effectively bring women to the forefront of capital
markets.
SHE IS MORE is IIX Foundation's flagship fundraising campaign to build youth leaders, support struggling industries
and empower underserved women. Building on the momentum started in 2019, SHE IS MORE is now supported by
the incredible leadership of 20 global partners, collectively reaching 6.4M+ individuals worldwide.
IIX FOUNDATION
www.iixglobal.com/sheismore
ENTRIES
COUNTRIES
23
230+ TOGETHER
Cindy, 16
United States
MORE THAN JUST A FLOWER
Eliana, 17
Indonesia
WOMAN, A RAINBOW OF
THOUSAND COLORS
Suraiya, 14
Bangladesh
FEMALE LEADERS IN
THE CURRENT CRISIS
Julia, 15
Chile
With investors, countries, and economies reeling from the COVID-19
pandemic for years to come, a new sustainability norm will take place, and
IIX is primed for the disruption.
Risk: RRI strategies will become the new norm. Investors who can assess
opportunities through the lens of risk-return-impact can look to make
attractive returns while investing in COVID-resilient businesses.
MOVING FORWARD
"IIX is driving the next era
with the power of data, so
that we can finally imagine a
financial system that
embraces women and girls
as solutions to growth, rather
than as victims."
Return: Sustainable returns result from businesses
serving real community needs across their value chain.
That is why IIX is driving the next era with the power of data, so that we can finally imagine a
financial system that embraces women and girls as solutions to growth, rather than as
victims.
We invite you to join us as we bring a new level of democratization to financial markets by
valuing the voices of women and underserved communities and amplifying their role in
sustainable development.
20
Impact: Businesses that are integrated and creating
positive impact in their communities are playing a risk
mitigation role in the investment.
At IIX, we will keep pushing the boundaries of financial
markets to equip businesses with the tools to create
proactive mechanisms that improve or deepen their
impact on underserved communities, diversify their
products and services, and become more inclusive by
providing opportunities for everyone in society.
GLOBAL COMMUNITY
ANTONY BUGG-LEVINE
CEO, NONPROFIT FINANCE FUND
HELAINE DRYDEN
GENERAL COUNSEL AND CHIEF COMPLIANCE
OFFICER, EPISTEME CAPITAL
MELANIE EDWARDS
FOUNDER, MOBILE METRIX
ADJUNCT PROFESSOR, STANFORD AND COLUMBIA
BUSINESS SCHOOL
TRAVIS GIGGY
CO-FOUNDER, EPIC LABS
SALEEM HAQUE
VICE PRESIDENT OF ADVANCED CUSTOMER
SUPPORT GLOBAL DELIVERY, ORACLE
OMAR ISHRAK
FORMER CHAIRMAN AND CEO, MEDTRONIC;
CHAIRMAN OF THE BOARD, INTEL
KYUNGWON LEE
PARTNER, CAPITAL MARKETS PRACTICE, SHEARMAN
& STERLING
FRANK LEVINSON
VENTURE PARTNER AND CO-FOUNDER, PHOENIX
VENTURE PARTNER
STEVE MELHUISH
CO-FOUNDER AND VICE CHAIRMAN, PROPERTYGURU
DAVID K. MUSTO
RONALD O. PERELMAN PROFESSOR IN FINANCE AND
CHAIR OF THE FINANCE DEPARTMENT
THE WHARTON SCHOOL
JEREMY NICHOLLS
DIRECTOR AND FOUNDER, SOCIAL VALUE
INTERNATIONAL
AL NJOO
PRINCIPAL, THE BENCHMARK GROUP
MUKUL PANDYA
SENIOR FELLOW, AI FOR BUSINESS PROGRAM,
WHARTON CUSTOMER ANALYTICS, THE WHARTON
SCHOOL
SARAH PEARSON
DEPUTY DIRECTOR GENERAL, INNOVATION AT
ADVANCE QUEENSLAND, THE QUEENSLAND
GOVERNMENT OF AUSTRALIA
MUHIT RAHMAN
PARTNER, LWPARTNERS
RORY RIGGS
FOUNDER AND CEO, SYNTAX ADVISORS AND
LOCUS ANALYTICS
ADVISORY BOARD
FOUNDATION AND ADVISORY BOARD
EDWARD HARTMAN
CO-FOUNDER AND PRESIDENT OF ATTORNEY
SERVICES, LEGALZOOM
KALPANA RAINA
MANAGING PARTNER, 252 SOLUTIONS
JOSEPH T. YURCIK
COO & CFO, THEATERMANIA.COM
MANI SABAPATHI
PRINCIPAL, PRUDENTIAL FINANCE
AUDREY SELIAN
DIRECTOR, ARTHA IMPACT; CO-FOUNDER, ARTHA
NETWORKS
RASHID SUMAILA
PROFESSOR AND DIRECTOR OF THE FISHERIES
ECONOMICS RESEARCH UNIT, UBC INSTITUTE FOR
THE OCEANS AND FISHERIES, UNIVERSITY OF
BRITISH COLUMBIA
MICHIEL VERHOEVEN
MANAGING DIRECTOR, SAP UK AND IRELAND
PETER TRIGGS
PARTNER, 1291; CEO, TRIGGS WEALTH ADVISORY
PTE LTD
EDNA WONG
SENIOR CONSULTANT, UBM ASIA
SHE IS MORE EXECUTIVE COMMITTEE
EDNA WONG (HONG KONG CO-CHAIR)
SENIOR CONSULTANT, UBM ASIA
CHRISTINE AMOUR-LEVAR (SINGAPORE CO-CHAIR)
FOUNDER AND CEO, HERPLANETEARTH AND
WOMEN ON A MISSION
HELAINE DRYDEN (USA CO-CHAIR)
GENERAL COUNSEL AND CHIEF COMPLIANCE
OFFICER, EPISTEME CAPITAL
LIZ MCGUFFEE
GENDER PLATFORM TEAM, AVPN
RICHA GOSWAMI
GLOBAL HEAD OF CUSTOMER AND
INTERNATIONAL, WEALTH AND PERSONAL
BANKING, HSBC
JANE ROSENBAUM
21
PARTNERS
22
Alfie Browns
ANZ Bank
ArtScience Museum
Asian Development Bank
Australia Department of Foreign Affairs and Trade (DFAT)
Bank of America Merrill Lynch
Bank of Indonesia
Bank Indonesia Institute
beCuriou
BlueOrchard
British Association Singapore
Business For Peace Foundation
Center for Social Initiatives Promotion (CSIP)
Center for International Forestry Research (CIFOR)
Clifford Chance LLP
CRIB Singapore
Cyril Amarchand Mangaldas
DAI
DBS Bank
Earth Company
East Bali Cashews
Eco-Business
Enterprise Singapore
Envysion Wealth Management
European Union (EU)
Financial Women’s Association (FWA)
Frontier Brokers
Future Females
Global Affairs Canada
Global Impact Investing Network (GIIN)
Green is the New Black (GITNB)
Greencross Cross UK and CAMECA
Greenlight
Her Planet Earth
HerWorld Magazine
Hogan Lovells
Hotlotz
ICON Singapore
Impact Hub Phnom Penh
Impact Management Project
Japan Airlines
Kamalaya Resorts
Korea International Cooperation Agency (KOICA)
Krakakoa
Latham & Watkins LLP
LUSH Cosmetics
MarketAxess
Miller Center for Social Entrepreneurship
Ministry of National Development Planning of the Republic
of Indonesia (BAPPENAS)
Mouawad
NetRoadshow
Nuveen
Pacific Trade Invest Australia
Paul Hastings LLP
Platform Usaha Sosial (PLUS) Indonesia
Partnering for Green Growth and the Global Goals 2030
(P4G)
SE Thailand
Shearman & Sterling
Singapore Council for Women's Organizations (SCWO)
Social Value International
SOW Asia
Standard Chartered Bank
Sundaram Tagore Gallery
Taiwan International Cooperation and
Development Fund (TaiwanICDF)
TBLI
The Economist
The Financial Times
The Peak Magazine
The Red Pencil
The Rockefeller Foundation
TSMP Law
UN Capital Development Fund (UNCDF)
UN Women
UN Economic and Social Commission for Asia and
the Pacific (UNESCAP)
United States Agency for International
Development (USAID)
United States International Development Finance
Corporation (DFC)
Vital Voices
Wildlife Conservation Society (WCS)
WOCAN
Women on a Mission (WOAM)
@iixglobal
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IIX-Impact-Report-2020.pdf

  • 1. IMPACT INVESTMENT EXCHANGE WWW.IIXGLOBAL.COM CONNECTING THE BACK STREETS OF UNDERSERVED COMMUNITIES TO THE WALL STREETS OF THE WORLD 2020 IMPACT REPORT
  • 2. CONTENTS FOREWORD IMPACT SNAPSHOT RISK OF INNOVATION IMPACT FOR NEXT GENERATIONS RETURN ON SUSTAINABILITY MOVING FORWARD 03 04 06 11 18 20 WHO WE ARE We are the pioneer in impact investing and the global leader in sustainability. We have transformed the financial system so that women, the environment and underserved communities are finally given a value and a voice in the global market. Our mission is to create a billion sustainable livelihoods by 2030. ABOUT IIX 02
  • 3. COVID-19 has fundamentally changed the way that we invest and do business. It has also set us back by decades of progress on sustainable development. The question is, are we ready for the new sustainability norm? The pandemic has revealed just how much more can be done to build a truly inclusive and resilient future that reaches the last mile. COVID-19 will continue to exacerbate inequalities and cause immense stress on our healthcare and financial institutions, affecting the livelihoods of more than 65% of rural underserved communities and over 100 million entrepreneurs just within Asia. Yet there are glimmers of hope. We proved this to the world when IIX successfully closed our third Women's Livelihood Bond (WLB3) in December 2020, raised an unprecedented amount of capital for 180,000 underserved women - all during a global pandemic. In making history, we also proved to the world that women and underserved communities across the Global South, who form the backbone of our families, businesses and countries, can power the engine for recovery if we step up. For IIX, the new norm has been a long time coming. We began to innovate a new approach to finance and development after the 2008 financial crisis, so that we can build an inclusive, resilient future for everyone. The foundation of all our work is the framework Risk-Return-Impact (RRI) - a blueprint for IIX to transform financial markets and create many world-firsts—the world’s first social stock exchange, the first and most successful crowdfunding platform for impact investing (Impact Partners), the first impact investing and gender lens instrument to be listed on a stock exchange (the Women’s Livelihood Bond Series), and more. Our ability to pivot quickly in 2020 through innovation is a true testament to our approach to sustainability. And we have only just begun. The new norm will require everyone to embrace risk, return, and impact, and innovate solutions to Build Back Better. Join us as we build innovative pathways to support one billion livelihoods for women, minorities, and underserved communities by 2030. Durreen Shahnaz Founder and CEO FOREWORD Women and underserved communities across the Global South form the backbone of our families, businesses and countries, and they can power the engine for recovery if we step up. 03 " " Ban Kee-Moon
  • 4. 11 YEARS OF IMPACT 04 INVESTMENT CAPITAL UNLOCKED $215M 87M 62% DIRECT AND HOUSEHOLD LIVES IMPACTED WOMEN BENEFICIARIES 67 1.2M 53 220 DEALS METRIC TONS C02 AVOIDED COUNTRIES KNOWLEDGE SHARING EVENTS 28M TREES PLANTED 232K INDIVIDUALS EDUCATED ON IMPACT INVESTING
  • 5. 2020 IMPACT 3M+ PARTNERS 448 TRAINED COURSES 7 05 IMPACT PARTNERS INNOVATIVE FINANCE IMPACT INSTITUTE 5 AWARDS 13 SDGs 31 WOMEN'S LIVELIHOOD BONDâ„¢ SERIES (WLB) WOMEN BENEFICIARIES BY 2023 6 COUNTRIES US$150M PRIVATE CAPITAL MOBILIZED 1.1M ACCESSED CLEAN ENERGY 19M ACCESSED AFFORDABLE HEALTHCARE 528K LIVELIHOODS CREATED IN SUSTAINABLE AGRICULTURE 20.6M DIRECT AND INDIRECT LIVES IMPACTED OVERALL MEDIA REACH 49.4M
  • 6. RISK 06 OF INNOVATION By addressing the three dimensions of risk, return, and impact, we can ensure that the next five years will drive a new era of growth that outlasts the pandemic. The engine of growth begins with a new approach to impact measurement, and seeing that our most vulnerable communities have a voice in the capital markets. From there, we can accelerate to help businesses pivot and adapt in the new norm by bridging critical knowledge gaps. Read on to learn more about how IIX is embracing the risk of innovation.
  • 7. Looking ahead, IIX Values is expanding to power global accessibility, new user tools, sustainable procurement, and data analytics capabilities to mitigate business and investment risks. In September 2020, IIX officially launched IIX Valuesâ„¢ — the world’s first data-driven impact verification solution for every type of organization. Grounded in over 60,000 data points from more than 360 companies working across 46 countries, IIX Values identifies, measures, and verifies the social and environmental value created by every company, while giving customers the power to verify the positive impacts brought about in their lives. 07 www.iixvalues.com DEMOCRATIZING IMPACT IIX VALUES Why do we need data-driven impact measurement? Verifying impact remains a challenge for sustainable businesses and investors. Existing ‘verification’ solutions are based on self- reporting, call center survey methods, or a review of investor documentation, which remain blind to the real impact that may or may not be happening on the ground. Measuring impact is not new. Listening to women is still radical. IIX Values takes impact assessments to the next level by listening to women and underserved communities. The platform empowers underserved women to verify a company’s impact results—and their feedback directly influences the organization’s impact and risk scores. This gives underserved women’s voices a ‘value’ that carries financial weight in the market. Measure your impact today: www.iixvalues.com OF IMPACT INVESTORS CONDUCT IMPACT ASSESSMENTS 98% INVESTOR PAINPOINTS INCLUDE THE VOICES OF BENEFICIARIES 20% GIIN, 2019, LSE TO PROVIDE FORWARD-LOOKING IMPACT AND RISK DATA AT SCALE IIX VALUES TO DRIVE SUSTAINABLE PROCUREMENT FROM VERIFIED IMPACT BUSINESSES TO ALLOW INVESTORS TO MEASURE IMPACT, MITIGATE RISK AND AND STRENGTHEN PORTFOLIOS ESG EXTRACTION TOOL IMPACT SUPPLIER NETWORK RRI DATA ANALYTICS LAUNCH OF IIX VALUES HOWEVER, ONLY...
  • 8. PIVOTING IN THE COVID-ERA The IIX Institute is a premier, go-to training center for impact investing. We're on a mission to fill the critical need to develop human capital for sustainable investing, and provide the requisite skills, tools and knowledge to participate more effectively in the impact economy. The IIX Impact Institute draws from its decade of experience to offer customized learning experiences through online courses, live webinars and in-person workshops and trainings. picture To picture To picture To be updated be updated be updated In order to support professionals who are stuck at home during lockdown, IIX Institute developed and launched 2 new online masterclasses – ‘Measuring Impact for Sustainability’ and ‘Innovative Financing Solutions for Resilience’. Over 200+ students came together from over 50 countries, with 7 guest lecturers from The Wharton Business School, Stanford University, Social Value International, DBS Bank, Nuveen and the Australian Department of Foreign Affairs and Trade. IMPACT INSTITUTE In 2021, IIX Institute will continue to shape the future of sustainable investing with new topics spanning ESG, Sustainable Finance and Sustainable Leadership, as well as new online course formats – with the goal of educating 5,000 professionals. Sign up now www.institute.iixfoundation.org 08 www.institute.iixfoundation.org GO-TO SUSTAINABILITY HUB JOIN YOUR PEERS IN THE MOVEMENT FOR SUSTAINABILITY STUDENTS ARE FROM 40% 60% ARE MANAGER-LEVEL AND ABOVE SINGAPORE US UK IIX INSTITUTE 2020 IRENE FISCHBACH SWISS GRID "The Masterclass made clear to me how important it is to speak the language of the investors and to integrate the perspective of the stakeholders if you really want to make an impact!" HEAR FROM OUR STUDENTS ALIN PRATIDINA GIZ GERMAN DEVELOPMENT AGENCY "The training is beyond my expectation. After taking this course with very detailed explanation from Prof. Shahnaz, I understand how to quantify social and environmental impact beyond usual M&E used in my line of work." PAUL ARC GOBI PARTNERS "Fantastic blend between offline study and online presentation sessions. Practical and current knowledge I can bring into the workplace."
  • 9. IIX Valuesâ„¢ in Action: The Women’s Livelihood Bond Series In 2020, IIX Values was successfully piloted to assess a portion of the impact created by the Borrowers of the Women’s Livelihood Bond 2. By collecting data from a random sample of 285 women beneficiaries across the portfolio of Borrowers, IIX was able to continue hearing from the voices of underserved women even during the COVID-19 pandemic. This data provides standardized, outcome-based customer impact metrics across an entire portfolio. Each borrower of the WLB2 received an Impact Report, which offers a comprehensive snapshot of the organization’s mission, financial viability, and positive social and environmental impact to evaluate its contribution towards the United Nation’s Sustainable Development Goals. IIX Values uniquely assesses their impact along the metrics of Impact Performance (Organization’s mission, Practices, and Outputs and Outcomes) and Risk Mitigation (Exposure to Harm, and Capacity to cope with crises). In addition to this, the organization’s impact creation is verified through customer feedback surveys regarding the affordability, accessibility, and equity of its services and products. This allows for further validation of the concrete impact generated. Through IIX Values, we are able to assess and quantify the actual impact that the WLB Series has generated, as part of IIX's commitment towards empowering women from emerging markets to build COVID-19 resilient communities. Investors are also able to deepen their understanding of how women impacted through the WLB are serving as solutions to combat the crisis with the support of the WLB Series portfolio companies. KEY RESULTS: LISTENING TO WOMEN during a pandemic 10
  • 10. Impact Performance Score: Impact Performance measures the extent to which the company is contributing towards social and/or environmental good. IIX scored 9.7 out of 10, Risk Mitigation Score: Risk Mitigation assesses the extent to which the firm is reducing the micro and meso risks facing individuals, households, and communities. IIX scored 10 out of 10. IIX Valuesâ„¢ in Action: Impact Investment Exchange IIX is pleased to share our verified impact assessment report. The report supports companies like IIX in understanding and improving their impact on customers and the environment, and gives customers a voice to verify the impact of the business on their lives. Ultimately, it empowers investors and funders with the data to effectively allocate capital and resources. The report provides a snapshot of IIX’s impact, which has been verified by IIX's customers. Unique features include: Sign up for your report: www.iixvalues.com IIX IMPACT ASSESSMENT REPORT 10
  • 11. RETURN 11 ON SUSTAINABILITY Even before the COVID-19 pandemic, the world was losing out on the gender dividend—a multi-trillion dollar loss to our futures. If we are to achieve more equitable and resilient outcomes, we must put women at the center of COVID recovery efforts—because women are critical solutions to reducing the risk of future crises and building resilience for underserved communities. But money, or the lack of it, continues to stand in the way of progress. Leveraging on our track record in innovative finance, IIX is proud to launch several new instruments to drive women's empowerment as the new engine of growth. Read on to learn about how IIX is making returns for our investors even during the pandemic.
  • 12. INNOVATIVE FINANCE For the first time in the 300-year history of stock exchanges, we finally have financial instruments that value women. The US$150M Women’s Livelihood Bond (WLB) Series consists of innovative, multi-country and multi-sector debt securities that are creating sustainable livelihoods for over 3 million women across Asia and the Global South. IIX successfully closed the third bond in the Series, the US$27.7M WLB 3 in December 2020 – demonstrating how innovative gender lens products can be accelerated even during a global downturn by addressing key elements of risk, return, and impact for investors. The WLB 3 advances 13 out of the 17 UN SDGs and will support 180,000 underserved women across Asia-Pacific to respond, recover, and build resilience in the aftermath of COVID-19. 12 www.iixglobal.com/womens-livelihood-bond-series THE US$150M WOMENS LIVELIHOOD BONDâ„¢ SERIES WOMEN’S CATALYST FUND The WLB 3 is also the maiden investment of IIX’s Women’s Catalyst Fund (WCF), which addresses persistent hurdles to the scalability of gender lens investing by providing first-loss capital in the form of subordinated notes – thereby enhancing the liquidity in the market for innovative financial instruments like the WLB Series while increasing the participation of new private investors. Backed by the Taiwan International Cooperation and Development Fund (TaiwanICDF), the WCF is a critical next- generation instrument to power gender lens investing in Asia, Africa and beyond. WOMEN'S LIVELIHOOD BOND 2 US$12M WOMEN'S LIVELIHOOD BOND 3 US$27.7M THE NEXT GREEN BOND MOVEMENT: ORANGE BONDS WOMEN'S LIVELIHOOD BOND 1 US$8.5M The WLB3 continues to gather global momentum by bringing together a diverse range of public and private sector partners, including the United States Agency for International Development (USAID) and the United States International Development Finance Corporation (DFC), Shearman & Sterling, Latham & Watkins, Cyril Amarchand Mangaldas, Clifford Chance, ANZ as the lead placement agent, Standard Chartered Bank, DBS Bank, Partnering for Green Growth and the Global Goals 2030 (P4G), Global Affairs Canada (GAC), the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and the United Nations Capital Development Fund (UNCDF). Nuveen returned as an investor for the third issuance, along with several new institutional investors from New Zealand such as Pathfinder.
  • 13. IIX's Women's Livelihood Bond Series is driving capital to women-focused enterprises like Indonesia-based KOMIDA to build more resilient livelihoods and strengthen climate adaptation for women. KOMIDA is supporting underserved women with financial and non-financial assistance in the form of savings, loans, and training, with 100% of beneficiaries being underserved women. With the capital received through the Bond, KOMIDA is impacting 159,000 direct beneficiaries while generating US$4.35 of social value for every US$1 invested. KOMIDA’s impact maps to 7 of the UN SDGs and empowers women to increase their income, build financial resilience through increased savings, and enhance productivity through WASH (water, sanitation and hygiene) loans which is particularly critical during COVID-19. Women’s livelihoods are deeply tied to climate issues, and are linked to challenges in access to water and sanitation facilities. Women in rural areas play a critical role in their family and children’s health and wellbeing, as the primary individual responsible for collecting water for their family’s domestic and productive activities. As climate change increases the frequency of draughts, women face increasingly inadequate access to water and have to spend more time travelling to distant water sources, thereby reducing the time available for other domestic and income-generating activities. During the COVID-19 pandemic, these challenges are exacerbated, with 99 million people in Indonesia alone lacking access to basic sanitation facilities. 16 Building Resilience From the Ground Up KOMIDA
  • 14. ATEC* BIODIGESTERS CAMBODIA Will enable 7,500 households to access clean energy Free up over 3 hours per day per household— primarily for women— from cooking and fuel needs Avoid 33,000 metric tons of carbon emissions per year Provided courses in male-dominated fields for 1 million women Increased awareness for 20 million youth and women Awarded Scholarships for 704 students IMPACT PARTNERS www.impactpartners.iixglobal.com CAPITAL RAISE SUCCESS RATE IIX IMPACT PARTNERS 73% CHALLENGE #1: Difficulty sourcing for investible enterprises PIVOT #1: In 2020, Impact Partners ran 2 IIX Virtual Pitches and closed 5 investment deals totalling US$5.25M in capital (including follow-on funding) for enterprises in healthtech, cleantech and edtech verticals. Established in 2011, Impact Partners is Asia's first and most successful crowdfunding platform for sustainable investing that connects pre-screened, investment-ready enterprises to IIX’s network of 1,200 accredited investors, representing over US$12B in assets under management (AUM). Impact Partners increases the efficiency and effectiveness of the capital raise process by exposing investors to investment-ready opportunities, providing wrap-around investment support including due diligence, and the opportunity for co-investments. Impact Partners has pivoted during the pandemic to address some key market challenges. RESPONDING TO THE 2020 INVESTMENT CLIMATE CHALLENGE #3: Enterprises in critical need of capital to recover and rebuild their business SOLUTION #3: IIX launched the Emergency Financing Facility (IEF) – a revolving blended finance facility providing refundable grants and working capital loans to select high-impact enterprises. Measure and monitor portfolio impact Receive insights and expert analysis Leverage Impact Partners’ strong investment screening criteria CHALLENGE #2: High cost of due diligence PIVOT #2: IIX’s Digital Due Diligence Toolkit allows investors to: 15 20% AVERAGE OF 318 ACCELERATORS* °GLOBAL ACCELERATOR LEARNING INITIATIVE (GALI) EDUKASYON THE PHILIPPINES SOLSHARE BANGLADESH On track to positively impact 2.5 million people by 2023 More than 1,000 women access 75 MWh+ of additional energy Avoiding over 2,200 metric tons of carbon emissions by 2021 FROM THE FIELD: COVID-RESILIENT ENTERPRISES
  • 15. SOLshare will use the funding from their latest round to grow their business, and directly impact 66,000 beneficiaries and their households, while avoiding 2,200 metric tons of carbon emissions. This support is a continuation of our journey with SOLshare since 2013, to provide enterprises with access to capital as they continue to grow. In 2014, IIX worked to help SOLshare receive grant funding from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Bangladesh. Later, IIX Impact Partners and IIX Growth Fund supported the firm with a US$1.66 million Series A round, raising capital for SOLshare to increase access to clean energy for underserved communities. SOLshare Throughout the pandemic, COVID-resilient SMEs across the Asia Pacific continued to hold the line of impact to support underserved communities. Despite their critical role in the larger wellbeing and long- term resilience of the community, innovative firms like SOLshare still faced challenges accessing capital. With investor dollars drying up in the aftermath of COVID-19, IIX continued to support SOLshare and other firms with a series of virtual pitches. Most recently, IIX supported SOLshare with a US$1.1 million financing round. Raising Capital During a Pandemic SOLshare 14
  • 16. IMPACT 18 FOR NEXT GENERATIONS We believe that to create systemic change and transform financial markets, we need system-wide participation from all actors.That is why IIX Global works closely with IIX Foundation to mobilize on the one hand, the power of philanthropy, and on the other hand, the power of finance, to bring women to the forefront of capital markets. Join us as we support women across all stages of their journey to empowerment—to transform themselves, their futures and to create a gender equal world for the next generation. LIONHEART Hana, 16 SHE IS MORE young artist
  • 17. 19 SAVE THE DATES! Competition Winners Announcement 26 February – 8 March 2021 SHE IS MORE Charity Auction 26 February – 8 March 2021 (International Women’s Day) Come together with friends, families and business leaders in an Online Auction hosted by IIX and international auction house, Hotlotz, over 2 weekends as we build the momentum for the global celebration of International Women's Day 2021! Bid for a range of auction items from pre-loved designer handbags, virtual coffee chats and travel packages. Proceeds from SHE IS MORE will go towards IIX's work in empowering underserved women around the world. IIX and IIX Foundation work together to mobilize the power of finance and the power of philanthropy respectively to create systemic change, transform financial markets, and effectively bring women to the forefront of capital markets. SHE IS MORE is IIX Foundation's flagship fundraising campaign to build youth leaders, support struggling industries and empower underserved women. Building on the momentum started in 2019, SHE IS MORE is now supported by the incredible leadership of 20 global partners, collectively reaching 6.4M+ individuals worldwide. IIX FOUNDATION www.iixglobal.com/sheismore ENTRIES COUNTRIES 23 230+ TOGETHER Cindy, 16 United States MORE THAN JUST A FLOWER Eliana, 17 Indonesia WOMAN, A RAINBOW OF THOUSAND COLORS Suraiya, 14 Bangladesh FEMALE LEADERS IN THE CURRENT CRISIS Julia, 15 Chile
  • 18. With investors, countries, and economies reeling from the COVID-19 pandemic for years to come, a new sustainability norm will take place, and IIX is primed for the disruption. Risk: RRI strategies will become the new norm. Investors who can assess opportunities through the lens of risk-return-impact can look to make attractive returns while investing in COVID-resilient businesses. MOVING FORWARD "IIX is driving the next era with the power of data, so that we can finally imagine a financial system that embraces women and girls as solutions to growth, rather than as victims." Return: Sustainable returns result from businesses serving real community needs across their value chain. That is why IIX is driving the next era with the power of data, so that we can finally imagine a financial system that embraces women and girls as solutions to growth, rather than as victims. We invite you to join us as we bring a new level of democratization to financial markets by valuing the voices of women and underserved communities and amplifying their role in sustainable development. 20 Impact: Businesses that are integrated and creating positive impact in their communities are playing a risk mitigation role in the investment. At IIX, we will keep pushing the boundaries of financial markets to equip businesses with the tools to create proactive mechanisms that improve or deepen their impact on underserved communities, diversify their products and services, and become more inclusive by providing opportunities for everyone in society.
  • 19. GLOBAL COMMUNITY ANTONY BUGG-LEVINE CEO, NONPROFIT FINANCE FUND HELAINE DRYDEN GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER, EPISTEME CAPITAL MELANIE EDWARDS FOUNDER, MOBILE METRIX ADJUNCT PROFESSOR, STANFORD AND COLUMBIA BUSINESS SCHOOL TRAVIS GIGGY CO-FOUNDER, EPIC LABS SALEEM HAQUE VICE PRESIDENT OF ADVANCED CUSTOMER SUPPORT GLOBAL DELIVERY, ORACLE OMAR ISHRAK FORMER CHAIRMAN AND CEO, MEDTRONIC; CHAIRMAN OF THE BOARD, INTEL KYUNGWON LEE PARTNER, CAPITAL MARKETS PRACTICE, SHEARMAN & STERLING FRANK LEVINSON VENTURE PARTNER AND CO-FOUNDER, PHOENIX VENTURE PARTNER STEVE MELHUISH CO-FOUNDER AND VICE CHAIRMAN, PROPERTYGURU DAVID K. MUSTO RONALD O. PERELMAN PROFESSOR IN FINANCE AND CHAIR OF THE FINANCE DEPARTMENT THE WHARTON SCHOOL JEREMY NICHOLLS DIRECTOR AND FOUNDER, SOCIAL VALUE INTERNATIONAL AL NJOO PRINCIPAL, THE BENCHMARK GROUP MUKUL PANDYA SENIOR FELLOW, AI FOR BUSINESS PROGRAM, WHARTON CUSTOMER ANALYTICS, THE WHARTON SCHOOL SARAH PEARSON DEPUTY DIRECTOR GENERAL, INNOVATION AT ADVANCE QUEENSLAND, THE QUEENSLAND GOVERNMENT OF AUSTRALIA MUHIT RAHMAN PARTNER, LWPARTNERS RORY RIGGS FOUNDER AND CEO, SYNTAX ADVISORS AND LOCUS ANALYTICS ADVISORY BOARD FOUNDATION AND ADVISORY BOARD EDWARD HARTMAN CO-FOUNDER AND PRESIDENT OF ATTORNEY SERVICES, LEGALZOOM KALPANA RAINA MANAGING PARTNER, 252 SOLUTIONS JOSEPH T. YURCIK COO & CFO, THEATERMANIA.COM MANI SABAPATHI PRINCIPAL, PRUDENTIAL FINANCE AUDREY SELIAN DIRECTOR, ARTHA IMPACT; CO-FOUNDER, ARTHA NETWORKS RASHID SUMAILA PROFESSOR AND DIRECTOR OF THE FISHERIES ECONOMICS RESEARCH UNIT, UBC INSTITUTE FOR THE OCEANS AND FISHERIES, UNIVERSITY OF BRITISH COLUMBIA MICHIEL VERHOEVEN MANAGING DIRECTOR, SAP UK AND IRELAND PETER TRIGGS PARTNER, 1291; CEO, TRIGGS WEALTH ADVISORY PTE LTD EDNA WONG SENIOR CONSULTANT, UBM ASIA SHE IS MORE EXECUTIVE COMMITTEE EDNA WONG (HONG KONG CO-CHAIR) SENIOR CONSULTANT, UBM ASIA CHRISTINE AMOUR-LEVAR (SINGAPORE CO-CHAIR) FOUNDER AND CEO, HERPLANETEARTH AND WOMEN ON A MISSION HELAINE DRYDEN (USA CO-CHAIR) GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER, EPISTEME CAPITAL LIZ MCGUFFEE GENDER PLATFORM TEAM, AVPN RICHA GOSWAMI GLOBAL HEAD OF CUSTOMER AND INTERNATIONAL, WEALTH AND PERSONAL BANKING, HSBC JANE ROSENBAUM 21
  • 20. PARTNERS 22 Alfie Browns ANZ Bank ArtScience Museum Asian Development Bank Australia Department of Foreign Affairs and Trade (DFAT) Bank of America Merrill Lynch Bank of Indonesia Bank Indonesia Institute beCuriou BlueOrchard British Association Singapore Business For Peace Foundation Center for Social Initiatives Promotion (CSIP) Center for International Forestry Research (CIFOR) Clifford Chance LLP CRIB Singapore Cyril Amarchand Mangaldas DAI DBS Bank Earth Company East Bali Cashews Eco-Business Enterprise Singapore Envysion Wealth Management European Union (EU) Financial Women’s Association (FWA) Frontier Brokers Future Females Global Affairs Canada Global Impact Investing Network (GIIN) Green is the New Black (GITNB) Greencross Cross UK and CAMECA Greenlight Her Planet Earth HerWorld Magazine Hogan Lovells Hotlotz ICON Singapore Impact Hub Phnom Penh Impact Management Project Japan Airlines Kamalaya Resorts Korea International Cooperation Agency (KOICA) Krakakoa Latham & Watkins LLP LUSH Cosmetics MarketAxess Miller Center for Social Entrepreneurship Ministry of National Development Planning of the Republic of Indonesia (BAPPENAS) Mouawad NetRoadshow Nuveen Pacific Trade Invest Australia Paul Hastings LLP Platform Usaha Sosial (PLUS) Indonesia Partnering for Green Growth and the Global Goals 2030 (P4G) SE Thailand Shearman & Sterling Singapore Council for Women's Organizations (SCWO) Social Value International SOW Asia Standard Chartered Bank Sundaram Tagore Gallery Taiwan International Cooperation and Development Fund (TaiwanICDF) TBLI The Economist The Financial Times The Peak Magazine The Red Pencil The Rockefeller Foundation TSMP Law UN Capital Development Fund (UNCDF) UN Women UN Economic and Social Commission for Asia and the Pacific (UNESCAP) United States Agency for International Development (USAID) United States International Development Finance Corporation (DFC) Vital Voices Wildlife Conservation Society (WCS) WOCAN Women on a Mission (WOAM)
  • 21. @iixglobal www.iixglobal.com info@iixglobal.com GET IN TOUCH FOLLOW US Impact Investment Exchange 1 King George's Avenue #05-00 Rehau Building Singapore 208557