We launched Arowana Impact Capital in late 2019 to focus on impact investing in South East Asia. With team members in Singapore and Manila, Arowana Impact Capital is currently the only B Corp accredited investment manager headquartered in South East Asia.
We first learned about B Corp in 2016 and immediately felt it was an accreditation that was worthwhile pursuing. We believed that B Corp would help to future proof us, to drive cultural alignment and improve our processes and systems. Furthermore, we genuinely subscribe to the B Corp mantra of using Business as a Force for Good.
Little did we realise how difficult a process it would be for us given our breadth of businesses globally as well as what was revealed during the assessment process – that we had very different cultural factions across our group. By the time we secured our B Corp accreditation in 2018, it had been almost 2 years during which we went through a very thorough assessment process and initiated profound personnel changes at all levels in order to achieve cultural coherence with our core values.
Our founder, Kevin Chin was interviewed by Inc.com. He often states that applying B Corp is like “ISO9001 on steroids”.
Today, we look back on the painful experience and are proud to be a B Corp. We are pleased that it has indeed helped us to achieve cultural cohesion and fortify our systems and processes. We have also enjoyed being an active member of the B Corp community, alongside the likes of Patagonia, Ben & Jerry’s and Danone.
Real Leaders Impact Awards
In 2020, we were honored to learn that Arowana had come in the Top 10 of impact companies globally as ranked by the prestigious Real Leaders Impact Awards of 2020. We were ranked at #10. Other companies in the top 10 included Tesla, Patagonia, Unilever, Chobani and Natura. We have no doubt that our B Corp accreditation and commitment was a big contributing factor.
In 2021, we were again delighted to be recognised in the Real Leaders Impact Awards, this time coming #27 in an expanded list of companies.
Against the B Corp and Real Leaders Impact backdrop, we launched Arowana Impact Capital in late 2019 to focus on impact investing in South East Asia. With team members in Singapore and Manila, Arowana Impact Capital is currently the only B Corp certified investment manager headquartered in South East Asia.
Our purpose is to help build people, build companies and build value through sustainable investment practices across the ASEAN region. We do not measure just financial returns but we also measure impact returns.
Arowana Impact Capital is focused on 4 sectors namely livelihood protection and creation, access to education and healthcare, sustainable urbanisation and financial inclusion.
In 2020, Arowana Impact Capital partnered with Grameen in the Philippines to deliver food aid and support to families in the Philippines that had been affected by the COVID-19 pandemic and latterly, floods attributable to climate change.
We also partnered with Jollibee Foundation in the Philippines to deliver Christmas food aid to some of the poorest families in the greater Manila region.