The prestigious Real Leaders Impact Awards 2020, co-founded and created by Real Leaders Magazine and Big Path Capital, has ranked Arowana 10th out of the top 100 companies in the global impact economy, and 1st in the Asia Pacific region.
We are honoured to have placed alongside companies such as Natura & Co., Tesla, Unilever, Vestas, and Grove Collaborative. The rankings were assessed based on companies “Force for Good” score, which is calculated based on:
3-year Growth rate x Revenue x Impact score.
The awards honour companies that represent “a new dynamic sector of the economy”. These are businesses that deliver great financial returns, whilst generating long-term return for society and the environment. According to Real Leaders Impact Awards, the average growth rate of these impact companies was a staggering 1,157%. A strong validation that impact and profit are not mutually exclusive.
Since our inception, in 2007, Arowana has set out on our mission to grow people, companies and value. This accolade affirms our mission as we continue to build and scale up small-to-medium-sized enterprises (SMEs) that serve a real purpose.
Our current portfolio includes; solar and education. We are also currently building an Impact investment fund.
Some highlights from our portfolio that we are proud of include;
- VivoPower offsets approximately 59,500 tonnes of CO2 emissions annually through their solar farms in the United States and Australia.
- EdventureCo upskills 15,000 students annually with relevant skills related to building and construction, and information technology across blue collar and white collar sectors.
- Arowana Impact Capital a fund that we are currently raising to help SMEs fund growth throughout the APAC region.
Arowana solidified our purpose by being a certified B Corp company in May 2018. The certification serves as a useful guide to evaluate our total societal impact, as companies must meet B Lab’s rigorous standards of social and environmental performance, accountability, and transparency. We believe this level of accountability is imperative in a landscape that can be opaque and difficult to monitor.
We will continue our mission in 2020 to grow value and impact within the Arowana portfolio and beyond.