Radical Truth

In this episode of TBLI Radical Truth, we sit down with Michael Madden — one of the most seasoned frontier market entrepreneurs in global financial services. With over 30 years of experience building banking and fintech businesses across Russia, Southeast Asia, Central Asia, and the former Soviet Union, Michael's career is the definitive blueprint for what it means to create financial infrastructure where none exists.

From scaling Renaissance Credit into Russia's third-largest consumer finance bank, to founding OnGo — Myanmar's leading digital payments platform — Michael has operated at the sharpest end of emerging market risk, including managing a live business through a military coup.

In this episode:

• How to launch and scale a fintech company in countries that lack basic financial infrastructure
• Real-world tactics for keeping staff safe and operations running during a national coup
• The biggest challenges and most compelling opportunities in Central and Southeast Asian frontier markets
• How to engage international partners and build consensus across 17+ diverse EMEA markets
• Why impact investing and financial inclusion are inseparable in emerging market strategy
• The mindset shift required to lead through extreme uncertainty and political instability
• Lessons from over three decades of frontier entrepreneurship across 70+ countries

The key insight: The greatest barriers in frontier markets — lack of infrastructure, political instability, regulatory gaps — are not just risks. For the right operator, they are the opportunity.

⏱️ Episode Guide:

Introduction 00:00:00

Michael’s journey into frontier markets 00:04:33

Early challenges in Russia 00:10:07

Navigating Operating Principles in an Emerging Economy 00:12:00

Why work in Mongolia? 00:13:12

Robert’s first investment in House Bank 00:16:29

The challenges of running a business in a country with a military coup 00:19:51

The Military Coup in Burma 00:22:21

The challenges of operating in Burma 00:23:47

The impact of the collapse of FMCGS on the NGO sector 00:26:51

Challenges in Emerging Frontier Markets 00:27:51

Safety in Burma 00:34:26

Is Money Transfers seen by the government? 00:36:42

How do you deal with a skeptic? 00:38:41

How to Survive Financially 00:42:11

Do you have a clear life goal? 00:43:17

The Next Adventure 00:45:17

Conclusion 00:55:15

👤 About Michael MaddenMichael Madden has over 30 years of experience in financial services, with deep expertise in payments, retail banking, and emerging market entrepreneurship. He is the Founder and Managing Partner of Ronoc, an investment and advisory business founded in 2007 focused on financial services in Central and Southeast Asia. In 2003, he joined Renaissance Capital Group as the founding CEO of Renaissance Credit, which became the third-largest consumer finance bank in Russia. In Myanmar, he is the founder and Chairman of OnGo, a market-leading digital payments business launched in 2016. Prior to founding Ronoc, he spent a decade at American Express establishing card businesses across the former Soviet Union. An adventurer at heart, Michael has visited 70+ countries, completed six marathons, and is an early pioneer of the Virgin Galactic Future Astronaut programme.

Whether you are an impact investor, a fintech entrepreneur, or a fund manager exploring frontier markets, this episode delivers hard-won lessons from one of the most experienced operators in the field.

Note: Please update the episode timestamps marked 0:X:XX above once confirmed.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.

🌐 tbligroup.com

#Fintech #FrontierMarkets #EmergingMarkets #Banking #DigitalPayments #Entrepreneurship #ImpactInvesting #FinancialInclusion #TBLI #SustainableFinance #ESG #VentureCapital

In this episode of TBLI Radical Truth, we sit down with Martin Rich, Co-founder and CEO of Future-Fit Foundation — one of the most rigorous and credible critics of modern ESG from the inside. With 25 years spanning investment banking at JP Morgan, HSBC, and UBS to the frontlines of social finance and impact investing, Martin offers a rare insider-turned-innovator perspective on what it truly takes to redefine corporate success.

The current ESG model is under fire — and Martin explains exactly why, and what a genuinely future-fit alternative looks like.

In this episode:

• A direct, honest evaluation of where ESG succeeds and where it fundamentally fails to drive real change
• The Future-Fit framework: what it means for a business to be environmentally restorative, socially just, and economically inclusive
• Why "doing less harm" is not enough — and how companies can move to actively "doing more good" with measurable strategies
• How the Future-Fit Business Benchmark gives companies and investors a free tool to transform long-term value creation
• Insights from Martin's work with the G7 Social Investment Task Force on shifting asset allocation toward genuine impact
• Why regulation is the bare minimum, not the ultimate ambition — and what real systemic change requires
• The shift from ESG as a compliance exercise to Future-Fitness as a civilisational imperative

The key insight: ESG was never designed to solve the problem — it was designed to manage it. A truly future-fit economy demands businesses move beyond risk mitigation toward active restoration of people and planet.

⏱️ Episode Guide:

• 0:00 — Is ESG making a real difference or just better marketing?
• 0:X:XX — The ESG critique: strengths, failures, and blind spots
• 0:X:XX — Introducing the Future-Fit framework
• 0:X:XX — From "doing less harm" to "doing more good"
• 0:X:XX — The shift in asset allocation: lessons from the G7 Social Investment Task Force
• 0:X:XX — What genuinely future-fit business looks like in practice
• 0:X:XX — The road ahead: rewiring the global socio-economic system

👤 About Martin RichMartin Rich is Co-founder and CEO of Future-Fit Foundation, a sustainability and impact specialist with over 25 years of experience in both mainstream and social investment. Whebgroup He spent 13 years in international investment banking on structured debt and derivative products for JP Morgan, HSBC, and UBS, before spending 7 years as Sales Director at Social Finance Ltd, where he focused on developing the investor base for social impact investments. Thinkingaheadinstitute He is also a Non-Executive Director and Chair of the Endowment Investment Committee of Access Foundation, and a member of advisory and investment committees for WHEB Asset Management, North Star Transition, and formerly the Asset Allocation Working Group of the G7 Social Investment Task Force. Future-Fit Business He holds two Master's degrees with Distinction in Engineering from Queens' College, Cambridge. Whebgroup In his spare time, Martin is an international sports-car racer who has competed twice in the famous Le Mans 24 Hours.

Whether you are an ESG professional, an impact investor, a corporate sustainability leader, or simply someone who believes business must do more than minimise harm, this episode is essential listening.

Note: Please update the episode timestamps marked 0:X:XX above once confirmed.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.

🌐 tbligroup.com

#ESG #Sustainability #ImpactInvesting #FutureFit #MartinRich #Greenwashing #CircularEconomy #SustainableBusiness #SocialFinance #TBLI #RadicalTruth #FutureFitFoundation #ESGInvesting #SustainableFinance #SystemicChange #ImpactMeasurement

In this TBLI Talk, we go behind the scenes with Audrey Selian, Director of Artha Impact at Rianta Capital Zurich and co-founder of Artha Networks Inc. (ANI). Audrey has spent nearly two decades deploying private capital into high-impact businesses across India's agriculture, health, energy, water, and livelihoods sectors. She doesn't just talk about change — she builds the infrastructure for it.

From co-founding Impact for Breakfast — a global community of 5,400+ impact investors across 50+ cities — to establishing Impact Hub Yerevan, Audrey's journey is a masterclass in separating genuine strategy from impact washing.

In this episode:

• The "don'ts" of impact finance — the most common mistakes and how to avoid them
• How to identify the real "doers" who get things done in complex, last-mile markets
• Practical advice on spotting impact washers and navigating a noisy sector
• How SaaS platforms like ANI are revolutionising investment discovery and collaboration
• What two decades of deploying capital in India has taught her about what actually works
• How to build ecosystems — not just portfolios — that create lasting systemic change

The key insight: Impact investing is only as powerful as the rigour behind it. The sector's greatest threat is not failure — it is the illusion of success created by impact washing.

⏱️ Episode Guide:

• 0:00 — Is impact investing a buzzword or a genuine force for change?
• 0:X:XX — The "don'ts" of impact finance: mistakes to avoid
• 0:X:XX — Vetting for excellence: identifying the real doers
• 0:X:XX — Spotting imposters: navigating impact washing
• 0:X:XX — Ecosystem building: how ANI is revolutionising investment discovery
• 0:X:XX — The future of systemic impact at scale

👤 About Audrey SelianAudrey Selian is Director of Artha Impact at Rianta Capital Zurich AG, where she has led the Singh Family Trust's impact investment advisory work since 2006. She has overseen dozens of investments across India in health, livelihoods, agribusiness, and energy — focused on inclusive, last-mile solutions. She is co-founder of Artha Networks Inc. (ANI), a SaaS platform supporting investor collaboration and deal discovery, and founded the Artha Impact platform — an ecosystem of 170+ investors and 80 enterprise support organisations. She holds a PhD in Technology Policy from The Fletcher School at Tufts University, was a doctoral fellow at Harvard's Kennedy School of Government, and earned degrees from the LSE and Wellesley College. She is co-editor of The Business of Building a Better World and co-founder of Baraka Impact Finance.

Whether you are an impact investor, a fund manager, or a social entrepreneur serious about making capital work for people and planet, this episode delivers the hard truths the sector needs to hear.

Note: Please update timestamps marked 0:X:XX once confirmed.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.

🌐 tbligroup.com

#ImpactInvesting #SocialImpact #AudreySelian #SustainableFinance #ArthaImpact #EmergingMarkets #AgriTech #HealthTech #ESG #ImpactForBreakfast #TBLI #RadicalTruth #LastMileInvesting #SystemicChange #ImpactWashing #SocialEnterprise

Are corporations more powerful than countries? 🌎⚖️

Nearly 70% of the world’s 100 largest economic entities are no longer nations—they are corporations. This massive concentration of power means corporate decisions impact everything from global climate to local communities.

In this video, Andrew Behar, CEO of As You Sow, breaks down why the current "Anti-ESG" movement is a threat to both economic prosperity and personal freedom. He explains how shareholder advocacy is the most powerful tool we have to reduce long-term risk and ensure companies prioritize People, Planet, and Profit.

Since 1992, As You Sow has been at the forefront of shifting corporate behavior. Learn how direct communication with executives is building business models that protect brand reputation and the bottom line for generations to come.

• The Power of Shareholder Advocacy: How regular investors can force the world's largest companies to change.

• Long-Term Risk Management: Why ignoring environmental and social impacts is a massive financial liability.

• The "Anti-ESG" Truth: Decoding the crusade against responsible investing and what it means for your freedom.

• Real-World Impact: Concrete examples of shareholder actions that have successfully transformed corporate policies.

Andrew Behar is the CEO of As You Sow, the nation’s non-profit leader in shareholder advocacy. Under his leadership, the organization has shifted trillions of dollars in corporate assets toward sustainability and social justice, working collaboratively with CEOs to build a regenerative economy.

#ESG #ShareholderAdvocacy #CorporateResponsibility #AndrewBehar #AsYou Sow #Sustainability #ImpactInvesting #RiskManagement #Finance #ClimateAction

Can economics be reimagined for a just future?

In this episode of TBLI Radical Truth, we sit down with Rob Johnson, President and co-founder of the Institute for New Economic Thinking (INET) — one of the most consequential voices challenging the orthodoxies that have shaped global finance for decades.

Founded in 2009 with George Soros, William Janeway, and James Balsillie in the wake of the global financial crisis, INET has become the world's leading catalyst for fresh economic thinking — tackling everything from inequality and climate change to financial instability and democratic erosion.

In this episode:

• Why the current economic models are fundamentally inadequate for governing our societies and markets
• How new economic thinking can build financial systems that serve humanity — not the other way around
• The dangerous discontents driving political turmoil in advanced economies — and what economics gets wrong about them
• Why markets are tools, not magical carriers of goodness — and what that means for policy and investing
• The intersection of economic reform, climate transition, and social justice
• How INET's Commission on Global Economic Transformation is reshaping the conversation between academia, policy, and practice
• What a genuinely equitable and sustainable economic system actually requires

The key insight: We are living through the failure of two romances — the romance of unfettered free markets and the idealistic romance of government. New economic thinking demands we replace both with something more honest, more human, and more effective.

⏱️ Episode Guide:

• 0:00 — Reimagining economics for a just future
• 0:X:XX — Why current economic models are failing society
• 0:X:XX — INET's origins and mission after the 2008 financial crisis
• 0:X:XX — Inequality, climate, and democratic erosion: economics as cause and cure
• 0:X:XX — The Commission on Global Economic Transformation
• 0:X:XX — What new economic thinking actually looks like in practice
• 0:X:XX — Building bridges between academia, policy, and real-world impact

👤 About Rob JohnsonRob Johnson is President of the Institute for New Economic Thinking (INET), which he co-founded with George Soros, William Janeway, and James Balsillie in 2009. Institute for New Economic Thinking Previously, he was a Managing Director at Soros Fund Management, managing a global currency, bond, and equity portfolio specialising in emerging markets, and a Managing Director at Bankers Trust Company. Earlier, he served as Chief Economist of the US Senate Banking Committee and Senior Economist of the US Senate Budget Committee. Princeton University He served on the United Nations Commission of Experts on International Monetary Reform under the chairmanship of Joseph Stiglitz. Princeton University He was Executive Producer of the Academy Award-winning documentary Taxi to the Dark Side, directed by Alex Gibney. Grokipedia He holds a PhD and MA in Economics from Princeton University and a BS in both Electrical Engineering and Economics from MIT. Institute for New Economic Thinking

Whether you are an economist, an impact investor, a policymaker, or simply someone who believes the global economic system needs a fundamental rethink, this conversation is essential listening.

Note: Please update timestamps marked 0:X:XX once confirmed.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.

🌐 tbligroup.com

#NewEconomicThinking #INET #RobJohnson #ImpactInvesting #ESG #SustainableFinance #EconomicJustice #Inequality #ClimateFinance #SystemicChange #TBLI #RadicalTruth #GlobalEconomy #EconomicReform #GeorgeSoros

Can unrestricted funding and radical trust unlock greater impact than traditional grants?

In this TBLI Talk, we sit down with Kevin Starr, CEO and director of the Mulago Foundation — one of the most respected and unconventional philanthropic organisations in the world. A former physician who stumbled into philanthropy in 1994, Kevin has spent three decades building a model that bets on the best people with the best ideas — and then gets out of their way.

Mulago finds, funds, advises, and promotes organisations with scalable solutions to poverty, working today with 50 portfolio organisations and 40 fellows across Africa, South Asia, and South America. Many of its portfolio organisations have become leaders in the global social sector.

In this episode:

• What truly defines a high-impact organisation — and why most funders get it wrong
• Why unrestricted, long-term funding produces better outcomes than traditional grant structures
• The case for grants over investments — and when each is the right tool
• How Mulago's eight-word mission statement framework helps social entrepreneurs design for measurable impact
• Why measuring impact is not just about accountability — it is how organisations get better
• The difference between organisations that scale and those that stall — and what funders can do about it
• How philanthropy can function as early-stage venture capital for humanity's biggest problems

The key insight: The social sector's biggest problem is not a lack of funding — it is a lack of rigour. The organisations that change the world are built around a big idea, designed for scale, and relentlessly focused on whether what they are doing is actually working.

⏱️ Episode Guide:

• 0:00 — What is a truly high-impact organisation?
• 0:X:XX — Mulago's model: unrestricted funding and radical trust
• 0:X:XX — Grant vs. investment: which drives more impact?
• 0:X:XX — Designing for scale: the eight-word mission statement
• 0:X:XX — Why measuring impact is the most important thing you can do
• 0:X:XX — What the best social entrepreneurs have in common
• 0:X:XX — The future of philanthropy as risk capital for humanity

👤 About Kevin StarrKevin Starr had a perfectly good career in medicine when he stumbled into philanthropy in 1994 — when his friend and mentor Rainer Arnhold died suddenly while the pair were working together in Bolivia, and Arnhold's family asked Starr to carry forward his legacy through the Mulago Foundation. Hewlett He completed medical school and residency at UC San Francisco. Mulagofoundation In 2003, he established the Rainer Arnhold Fellows Program to apply Mulago's principles and tools to help social entrepreneurs turn good ideas into lasting change at scale. Inspiringsocialentrepreneurs Mulago's portfolio includes globally recognised organisations such as One Acre Fund, Blue Ventures, Digital Green, Educate Girls, Noora Health, and Global Forest Watch. Wikipedia Kevin is a regular contributor to the Stanford Social Innovation Review and serves as chairman of Big Bang Philanthropy, a group of funders working to direct capital to those best at fighting poverty.

Whether you are a philanthropist, an impact investor, a social entrepreneur, or a foundation leader, this episode is essential listening for anyone serious about making funding work harder for the world.

Note: Please update timestamps marked 0:X:XX once confirmed.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.

🌐 tbligroup.com

#ImpactInvesting #Philanthropy #KevinStarr #MulagoFoundation #SocialEntrepreneurship #ScalableImpact #TBLI #RadicalTruth #SocialImpact #ESG #VenturPhilanthropy #PovertyAlleviation #GrantMaking #SystemicChange #ImpactMeasurement

Is carbon footprint enough to measure true impact?

In this episode of TBLI Radical Truth, we sit down with Professor Olinga Ta'eed — global pioneer in blockchain, social impact measurement, and AI-driven investing — to explore why ESG as we know it is fundamentally incomplete, and what a genuinely comprehensive measure of value looks like in 2026.

From advising the Chinese Ministry of Commerce to speaking at The Vatican, Professor Ta'eed has spent decades at the bleeding edge of one question: how do we quantify what truly matters — beyond carbon, beyond profit, and beyond conventional ESG metrics?

In this episode:

• Why carbon footprint alone is an inadequate and dangerously incomplete measure of real-world impact
• How AI is transforming the identification of high-growth, high-impact investment opportunities
• Using AI to quantify the true impact of ESG investments across financial and non-financial dimensions
• The "God Metric" — how the Social Earnings Ratio became the fastest adopted social impact metric in the world
• How blockchain technology enables the transparent tracking and transacting of intangible value
• The convergence of AI, blockchain, and the metaverse in the future of ESG and impact investing
• Why total value — financial and non-financial combined — is the only honest measure of an organisation's worth

The key insight: Most ESG frameworks measure what is easy to count, not what truly counts. Until we can quantify love, hope, community, and social wellbeing alongside carbon, we are only measuring half of reality.

⏱️ Episode Guide:

• 0:00 — Is carbon footprint enough to measure true ESG impact?
• 0:X:XX — Expanding ESG impact investing beyond carbon footprint
• 0:X:XX — The role of AI in identifying impact opportunities
• 0:X:XX — Quantifying the impact of ESG investing with AI
• 0:X:XX — The God Metric: how the Social Earnings Ratio was born
• 0:X:XX — Blockchain, metaverse, and the future of value measurement

👤 About Professor Olinga Ta'eedProfessor Olinga Ta'eed PhD FIoD is Director of the Centre for Citizenship, Enterprise and Governance (CCEG) — the world's leading not-for-profit think tank on the Movement of Value, with over 220,000 members. He is Expert Advisor and Council Member of the Chinese Ministry of Commerce's Blockchain E-Commerce Committee. In 2018 he became the world's first Professor of Blockchain at Birmingham City University and Chief Editor of Frontiers in Blockchains — a peer-reviewed academic journal with 400+ editors. He chairs Arbor Verification Tech (ESG, Ho Chi Minh), MiMeta.Life (Metaverse), Bureau of Media Data and Ideology (New York), AizaWorld (Gaming, Hanoi), and most recently AITEA (AI, Beijing) — populated by staff from Alibaba, Baidu, and Tencent. His Social Earnings Ratio — dubbed the "God Metric" by The Vatican — became the fastest adopted social impact metric in the world, and he serves as Advisor to Wildcat Petroleum Plc on the London Stock Market.

Whether you are an ESG professional, an impact investor, or a technologist shaping the future of finance, this episode is essential listening for anyone serious about measuring what truly matters.

Note: Please update timestamps marked 0:X:XX once confirmed.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.

🌐 tbligroup.com

#ESG #Blockchain #AI #ImpactInvesting #SocialImpact #FinTech #OlingaTaeed #Sustainability #GodMetric #Web3 #TotalValue #SocialEarningsRatio #TBLI #RadicalTruth #ESGInvesting #SustainableFinance #ImpactMeasurement

Can procurement save the planet?

In this episode of TBLI Radical Truth, we sit down with Bob Willard — one of the world's most respected sustainability experts and the leading voice on Net-Zero Procurement (NZP) as a transformative market force. With a 34-year career at IBM Canada and over 23 years dedicated to sustainability advocacy, Bob brings unmatched practical credibility to the most urgent question in climate action: how do we engage the private sector in the race to net-zero at speed and global scale?

His answer: stop waiting for regulation. Use the power of procurement.

In this episode:

• The what, why, and how of Net-Zero Procurement — and why it is the missing market force in climate action
• How NZP engages companies in the race to net-zero GHG emissions without waiting for government mandates
• How deploying NZP with speed and global scale can meaningfully fix the climate crisis
• Why procurement is the most underutilised lever corporations have to drive supply chain sustainability
• How to build a business case for sustainability that resonates with CFOs and hard-nosed executives
• The free, open-source tools that any organisation — large or small — can use to embed NZP today
• Why science-based targets and sustainable procurement must work together for real emissions reduction

The key insight: Purchasers hold enormous, largely untapped power. When large organisations demand low-carbon goods and services from suppliers committed to net-zero targets, they create the market signal that changes corporate behaviour faster than any regulation.

⏱️ Episode Guide:

• 0:00 — Can procurement save the planet?
• 0:X:XX — The what, why, and how of Net-Zero Procurement
• 0:X:XX — NZP as the missing market force for net-zero GHG emissions
• 0:X:XX — Deploying NZP at speed and global scale
• 0:X:XX — Free tools every organisation can use right now
• 0:X:XX — Building the business case: making sustainability irresistible to executives
• 0:X:XX — The future of sustainable procurement and climate action

👤 About Bob WillardBob Willard is a leading expert on sustainability justifications, reporting frameworks, and sustainable procurement, applying his 34-year career at IBM Canada to engage the business community in proactively avoiding risks and capturing opportunities through smart ESG practices. Sustainabilityadvantage Over the last 23 years, he has given over 1,800 presentations to corporate, government, university, and NGO audiences. Sustainabilityadvantage He has authored six books including The Sustainability Advantage and co-authored the Future-Fit Business Benchmark, and published two influential white papers. He was one of five inaugural inductees into the International Society of Sustainability Professionals Hall of Fame in 2011, has received three Clean50 awards including a Lifetime Achievement award in 2023, and holds a PhD in sustainability from the University of Toronto. Sustainabilityadvantage He serves on the Sustainable Purchasing Leadership Council board, the B Corp Standards Advisory Council, and the Future-Fit Foundation board, and advises the Canadian government's Low Carbon Procurement Advisory Committee. Sustainabilityadvantage

Whether you are a procurement professional, a corporate sustainability leader, an ESG investor, or a policymaker serious about net-zero, this episode delivers the practical roadmap the climate conversation urgently needs.

Note: Please update timestamps marked 0:X:XX once confirmed.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.

🌐 tbligroup.com

#NetZeroProcurement #Sustainability #BobWillard #ESG #ClimateAction #SustainableProcurement #NetZero #SupplyChain #ImpactInvesting #TBLI #RadicalTruth #ClimateFinance #SustainableFinance #GHGEmissions #BusinessForGood

Is the venture capital model failing the majority of the world's most important businesses?

In this episode of TBLI Radical Truth, we sit down with Aunnie Patton Power — founder of Intelligent Impact, Associate Fellow at Oxford's Saïd Business School, and author of Adventure Finance: How to Create a Funding Journey That Blends Profit and Purpose. A reformed M&A investment banker turned impact investing pioneer, Aunnie has spent over a decade designing innovative financing mechanisms for start-ups, funds, family offices, foundations, and governments across Africa, Asia, Europe, and North America.

Her radical truth: the venture capital model works for less than 1% of businesses — and the other 99% need a completely different playbook.

In this episode:

• How technology is revolutionising impact investing and opening new pathways for capital deployment
• Alternative funding models for social enterprises — from revenue-based financing to recoverable grants to redeemable equity
• What is really working — and what isn't — in the sustainable finance ecosystem
• Why the VC model excludes female founders, diverse entrepreneurs, and purpose-driven enterprises by design
• How to design a funding journey that genuinely blends profit and purpose
• The honest lessons from a decade of financing organisations in the world's most underserved markets
• How to widen the spectrum of mainstream investment options to make finance more inclusive

The key insight: The venture capital model is not broken — it was never designed for most businesses. The future of finance belongs to those who are creative, inclusive, and willing to match the right capital to the right mission.

⏱️ Episode Guide:

• 0:00 — Is the VC model failing impact-driven businesses?
• 0:X:XX — Technology and the future of impact investing
• 0:X:XX — Alternative funding models for social enterprises
• 0:X:XX — What's really working in sustainable finance
• 0:X:XX — Adventure Finance: blending profit and purpose in practice
• 0:X:XX — Building a more inclusive financing ecosystem globally
• 0:X:XX — Radical truths from a decade of innovative finance

👤 About Aunnie Patton PowerAunnie Patton Power is an academic, advisor, author, and angel investor with a focus on directing innovative financing to organisations that create positive social and environmental impact. Saïd Business School She is an Associate Fellow at Saïd Business School, University of Oxford, a visiting fellow at the LSE's Marshall Institute, and the Academic Director for the BEAM Network. Saïd Business School A reformed M&A investment banker, she began her impact investing career in 2010 with Unitus Capital in Bangalore and has since worked with start-ups, intermediaries, funds, family offices, foundations, corporates, and governments across Africa, Asia, Europe, and North America. Intelligent Impact She is adjunct faculty at the University of Cape Town's Graduate School of Business and New York University's Wagner Graduate School of Public Service, and a founding member of the Dazzle Angels, a female angel investing group. GenderSmart Her work has been published by Oxford University Press, the Stanford Social Innovation Review, and the World Economic Forum. Intelligent Impact

Whether you are an impact investor, a social entrepreneur seeking funding, or a finance professional serious about deploying capital for good, this episode is essential listening.

Note: Please update timestamps marked 0:X:XX once confirmed.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.

🌐 tbligroup.com

#ImpactInvesting #AdventureFinance #AunniePattonPower #SustainableFinance #SocialEnterprise #BlendedFinance #ESG #InnovativeFinance #VentureCapital #TBLI #RadicalTruth #ImpactFirst #GenderSmartInvesting #AlternativeFinance #SocialImpact

Has ESG become the most sophisticated form of greenwashing?

In this episode of TBLI Radical Truth, we sit down with Peta Milan — Founder and Principal of Henmil Group Family Office, CEO of regenerative venture studio Transcendent Media Capital, and one of the most provocative thinkers in global investing. Peta's radical truth: ESG and impact investing have failed to move the needle — not because they were badly executed, but because they were never designed to address root causes.

The future is not sustainability. It is regeneration.

In this episode:

• Why ESG has become a tool for incrementalism and sophisticated greenwashing rather than systemic change
• What regenerative investing actually means — and how it differs fundamentally from ESG and impact investing
• How Peta is building the first generation of companies designed to give back more to the planet than they take
• Why long-term, multi-generational family office capital is uniquely positioned to lead the regenerative revolution
• The shift from quarterly returns to the health of entire living systems as the true measure of success
• How the Embodied Regenerative Leaders Certification is training executives, board members, and policymakers
• Why conventional approaches to change are failing — and what regenerative frameworks offer instead

The key insight: We cannot sustain our way out of a civilisational crisis. The question is no longer how to do less harm — it is how to actively restore the life-support systems we all depend on.

⏱️ Episode Guide:

• 0:00 — Has ESG failed? The case for regenerative investing
• 0:X:XX — The failure of ESG: risk management vs systemic health
• 0:X:XX — Regenerative venture studios: building net-positive companies
• 0:X:XX — The family office perspective: why patient capital leads
• 0:X:XX — Systemic wealth: redefining what returns really mean
• 0:X:XX — From "less bad" to truly restorative

👤 About Peta MilanPeta Milan is Founder and Principal of Henmil Group Family Office — Dubai's leading single family office focused solely on regenerative investing — and CEO of Transcendent Media Capital, a Hong Kong-based regenerative venture studio. Her portfolio also includes JET Group, specialising in scaled regenerative transitions for governments, investors, and corporations. Trained as an accredited regenerative practitioner with certifications from Oxford University and the London School of Economics, she is the lead designer of the Embodied Regenerative Leaders Certification for executives, investment leaders, and policymakers. She sits on the international advisory board of the World Sustainable Development Forum and works alongside NATO Five Eyes. An award-winning filmmaker and published author, her books include Extinction Governance, Finance and Accounting and the forthcoming Why Sustainability Doesn't Work: The Regenerative Alternative.

Whether you are an investor, fund manager, board director, or policymaker who suspects the current sustainability playbook is no longer enough — this episode will challenge everything you think you know about capital, impact, and the future.

Note: Please update timestamps marked 0:X:XX once confirmed.

ABOUT TBLI RADICAL TRUTHReal experience. Real results. No greenwashing. TBLI Group is the world's leading ESG and impact investing network — educating, advising, and connecting investors for 25 years.

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