Christine chow
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Transcript of Christine chow
Speaker
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Experience
Global Citizen
Education
Client / Sponsor
Recognition
v PhD thesis quantified shareholder engagement for cross country / sector comparison - nominated for 2011 UN award for industry relevance and academic excellence
v Industry Paper in Routledge Key Themes Collection on Sustainability & Accounting (top 1% paid download)
v "One country two systems" business model and social enterprise case writer for Kellogg/HKUST – Global No. 1 EMBA, ranking by Financial Times
© Homage Consulting 2013
Content
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Development in Mainland China
Initiatives in Hong Kong
Impact Measurement: A Stakeholder Approach
Developments in China
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© Homage Consulting 2013
Since 2009: Over 600 social enterprises participated; 42 received awards, training and technical assistance
Source: British Council
China First Impact Investment
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LangLang is a Beijing based organisation, it provides specialist tutoring to dyslexic students and associated services to help them, their schools and family members to positively manage their condition. LangLang received the first impact investment in China from 7 individual investors.
© Homage Consulting 2013
Client X – Impact Scale Grid
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ENVIRONMENTAL
7 GlobalNormStandards
Transformer
6 LeaderFlexibilityDurability
5 Influencer
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3 Pioneer
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1 RelevancePrototypeDemonstrability
Expand localSecond orderSupport
GlobalSignificantExponential
Issue 1 2 3 4 5 6 7SOCIAL
Empowerment
Ap
plic
abili
ty
© Homage Consulting 2013 Source: Homage Consulting
Grameen Bank
Sector: Microfinance
MSCI: 40201040 Specialized Finance
WEF (2013): Financial Services
KPIs: Established
1976: Yunus loaned US$27 to 42 villagers in need
1977: Janata Bank loans Yunus money to start Grameen Bank
1980: Model replicated in neighbouring countries e.g. Philippines and Malaysia
1982: US$23.9 million for 28,000 clients
2006: Branches reached over 2100. Inspired 40 countries. Became a World Bank initiative.
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Grameen Bank
1976 – 1979Business case demonstrated in Jobra
& neighboring villages
Now1976
© Homage Consulting 2013
Hong Kong Recycles
Sector: Consumer Services
MSCI: 25302020 Specialized Consumer Services
WEF (2013): Environment
KPIs: On Capabilities not Outcomes, reference from IRIS, SROI, B-Lab
August 2012: Business established. Mission - Greener Hong Kong with social conscience. Pilot of 40 residents
April 2013: Rapid growth in retail and corporate customers. Cover Pokfulam, Happy Valley, Causeway Bay
September 2013: Recycled 25,000 pounds of waste. Hired full time waste collector through Caritas. Extend coverage to Wan Chai and Western District
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HK City
Hong Kong Recycles
Expand range of recycled materials
Expand client coverage
Improve under-privileged employment
Expand client coverage
Source: Hong Kong Recycles© Homage Consulting 2013