Impact investment: Transforming leadership, shaping philanthropy, and creating sustainable business



Impact investment: Transforming leadership, shaping philanthropy, and creating sustainable business

IMC Pan Asia Alliance Group (IMCPAA) is proud to join the Philanthropy Asia Alliance (PAA), a Temasek Trust initiative, as an Action Council member.

Asia’s scale, diversity, and development profile present an unprecedented opportunity to drive impact. The region accounts for over 50% of global emissions, with 60% of the world’s population, and is disproportionately impacted by the effects of climate change. Solving Asia’s challenges will benefit all, but this cannot be done alone.

Dynamic partnerships are the key to shaping a brighter future for all. Officially launched at the 3rd Philanthropy Asia Summit on 15 September 2023, PAA will build capabilities, capacities, and communities in the philanthropic sector, and harness multi-sector partnerships to catalyse Asian solutions for global challenges.

PAA’s Calls to Action target 3 areas: Climate and Nature, Inclusive and Holistic Education, and Global and Public Health. Its vibrant and diverse global community is over 80-strong and fast-growing, with collective pledges of US$777 million (over S$1 billion).

As an advocate for synergistic collaboration to unlock greater positive change, IMCPAA is excited to lend its expertise, experience, and resources to energise collective philanthropic action in a more coordinated, sustainable, and impact-driven manner.

Noting the symbiotic interrelationships between businesses, governments and communities, Chairman of IMCPAA Chavalit Tsao, said: “We believe that PAA is the next meaningful alliance that would add value to Life and create Impact in the new era of well-being and happiness. We also believe corporate philanthropy would facilitate the integration of Love as part of the social contract of business.”

Watch the video below to learn more about IMC Pan Asia Alliance Group and Philanthropy Asia Alliance’s partnership and aspirations to co-create a more sustainable future:

TPC