Smarter Impact with Philip Bateman

Q. What is the problem you want to solve, what's the impact you want to have in the world, and how does entrepreneurial thinking help you?

Join Julia Spicer OAM and I as we discuss the challenge and opportunities of our time, and the similarities and shared understandings of community, whether you are in America, Canada, Uganda or Zambia.

Julie takes us into;

- her passion for alternative investment opportunities for female led startups and First Nations people
- how the KPI's of Government align with that of Entrepreneurs
- the research showing rural business requires 2 years and $150,000 to get to the same starting point as city-based startups
- her recent visit to an island in the Torres Strait and their micro business innovations focused on the survivability of their next seven generations

I know many amazing people working to bolster the engagement and funding support for female entrepreneurship, in the past month alone I've seen Irene Tsang (LIFTwomen® Group), Tracey Warren (F5 Collective) Vicki Stirling (The Startup Network), Sangeeta Mulchandani, Nicole Stewart (The Deeply Satisfied Woman) and Vicki Saunders (SheEO™ ) leading from the front!

Julia is active in many roles, including Network Lead at The Connection Table, as the Queensland Chief Entrepreneur, Chairperson of the Global Entrepreneurship Network Australia, Member of the Innovation Advisory Council with the Department of Tourism, Innovation and Sport and Director of Engage and Create Consulting.

This was filmed at the Global Entrepreneurship Network #GEC2023 in Melbourne, and thanks again to Jessica Grattan and Kate Elks Zadel for their support so that I could bring you this conversation!

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Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com

"We're on the threshold of a paradigm shift in our economic system - within 2 to 3 years companies will be mandated in some countries to publish impact statements that show their revenues, their costs and their impact.

When that happens the whole economic system will shift. Consumers, talent, investors and government will know which companies are delivering positive impact."

Join Sir Ronald Cohen and I from The Global Steering Group for Impact Investment (GSG) #GSGSummit, where we discuss the great work of the U.S. Securities and Exchange Commission, the International Sustainability Standards Board (ISSB) and the recent International Foundation For Valuing Impacts (IFVI) that have got us to this point.

If you are a company leader, investor or simply and most importantly, a citizen of our planet, transforming capitalism to genuinely increase prosperity and social progress for all is the necessity of our day, and you can be a part of it.

How can you get involved?

In addition to the GSG there is The Global Impact Investing Network, in  Australia we have the Climate Zeitgeist Climate Investor Forum, the Impact Investment Summit Asia Pacific, the Responsible Investment Association Australasia (RIAA), and guides working directly with Foundations and Family Offices such as Kylie Charlton and the team at Australian Impact Investments

If you want to learn via courses, I've completed and recommend;

Catherine Clark's Duke University - The Fuqua School of Business 'Impact Measurement & Management for the SDGs' is excellent, Durreen Shahnaz and Impact Investment Exchange (IIX) series of learnings including Measuring Impact for Sustainability and Innovative Finance Solutions for Resilience.

My deep dive with David Carlin on the ISSB S1 and S2 frameworks is well worth your time, you can grab 'No More Greenwashing - Driving evidence-based practice in ESG & Impact Investing' via my website http://bravocharlie.global

And, Sir Ronald has a book called 'Impact' :)

***

Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com

".. We wanted the world to know Silicon Valley didn’t have a monopoly on entrepreneurship, and that we wouldn’t judge the citizens of a nation based on their geopolitics - the raw talent in Silicon Valley is not genetic or unique, it was a combination of factors untapped in large parts of the world, and we set out to create that globally - this was our theory of change.." - Jonathan Ortmans, President and Founder of the Global Entrepreneurship Network, speaking with me at Global Congress in Melbourne.

Find out what he's changed his mind about recently when it comes to #Entrepreneurship, the factors needed to foster innovation, and what he learnt about striking the balance between a fast-paced world and ensuring the continuity of culture, by having a Father who Captained the Royal Yacht, the HMY Britannia!

I'm always keen to talk to change-makers, investment funds and Government leaders seeking to improve their strategy and outcomes, and tell the right stories to the people who matter to them - if that's something you'd like to discuss, do reach out or have a browse of my website at http://bravocharlie.global to learn more.

If you want to stay in touch with the latest from these communities, make sure to follow or connect with me on LinkedIn and get my weekly Smarter Impact newsletter.

***

Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com

How would the Head of Climate Risk for the United Nations get to Net Zero by 2035?  Find out, and lots, lots more.

"In the same way we don't give people medals for not robbing banks, the goal is to drive impact, avoiding greenwashing means that what you're saying and what you're doing are consistent." - David Carlin, Head of Climate Risk & TCFD for the United Nations Environment Programme.

Together we go through many fascinating insights;

- the Network for Greening the Financial System (NGFS)
- Aggregating emission reducers rather than looking for the silver bullet
- Success for smaller countries without a $200bn Inflation Reduction Act
- Pro-action over reaction and my recent whitepaper No More Greenwashing: A regulatory guide to ESG & Impact Investing (which you can get in the comments)
- The Responsible Investment Association Australasia (RIAA) and International Organization of Securities Commissions (IOSCO)
- The high, justifiable fear of business towards regulatory fragmentation
- The strength of adoption with TCFD, and the challenges of comparability, transparency and completeness.
- Not having unadjusted & adjusted financial statements for climate change
- Climate as a threat multiplier
- Volatility and the cost of capital
- The information that matters
- Weaving this into your operational strategies
- The lack of transition finance for developing and emerging economies
- What you need to be doing if you actually want the world to decarbonise
- His recent address at the ESG Investor Stewardship Summit
- the $60BN AUD committed to fossil fuels since the Paris Agreement was signed, by the ANZ, Commonwealth Bank, NAB and Westpac as outlined by Market Forces
- Markets moving in rapid and volatile ways
- Decarbonisation commitments & transition risk
- Net zero becoming law of the land

*****

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If you're a CEO, Business Owner / Leader or Impact Investor, do take 3-5 minutes to get your FREE Investor Trust Score at http://bit.ly/InvestorTrustScore - Answer 33 quick questions, and see how you perform across the critical dimensions the world's leading businesses & investment funds score highly on.

You can support my Smarter Impact show directly from as little as $5 a month at https://www.patreon.com/SmarterImpact - it really means a lot to see your support coming in :)

Don't forget to join me on LinkedIn via http://linkedin.com/in/philipbateman, sign up for my weekly newsletter at https://philipbateman.substack.com/ and there is much more of my client work on http://bravocharlie.global.

Philip Bateman - Strategist & Communications Advisor

"Helping funds tell the right story to investors"

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Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com

I'm pleased to introduce Professor Durreen Shahnaz, discussing her soon to be released book 'The Defiant Optimist - Daring to fight global inequality, reinvent finance and invest in women' - it's a deeply personal tale of challenge and family dynamics, a childhood marred in protest and war during the birth of a new nation (Bangladesh), and a growing awareness of the power of supporting business and seeding change .. "(My mothers) only requirement of the shop owners and entrepreneurs she assisted was that they agree to educate their daughters".

In 2020 and 2021 I had the opportunity to learn directly from Prof. Shahnaz by certifying in Impact Investment Exchange (IIX) 'Measuring Impact for Sustainability' and 'Innovative Financing Solutions for Resilience', both of which I'd highly recommend.

Also look up the "Women’s Livelihood Bond" - the world’s first gender-lens impact investing security listed on a stock exchange - "To date, the WLB™ Series has mobilized US$128 million and is empowering over 1 million women and girls across Asia and Africa."

You can pre-order the book by visiting https://defiantoptimist.com/

As her bio goes;

Durreen Shahnaz is a global leader of social impact and pioneer in impact investing. She is also the founder of Impact Investment Exchange (IIX) and IIX Foundation. IIX is the home of the world’s first social stock exchange and one of the world’s largest crowdfunding platforms for impact investing. IIX is also a leader in impact assessment methodology and innovative financial structures such as the world's first gender focused social bond, Women's Livelihood Bond Series.

The company connects the Back Streets of underserved communities to the Wall Streets of the world by changing financial systems and innovating solutions for women empowerment, climate action, and community resilience, thus driving forward the Sustainable Development Goals.

IIX and IIX Foundation’s work has unlocked over US$288 million of private sector investment capital and impacted over 159 million direct household lives.

Shahnaz is the recipient of UN Women’s 2020 Asia-Pacific Women’s Empowerment Principles (WEP) award, the 2019 Sustainability Superwoman award from CSRWorks International, 2017 Oslo Business for Peace Foundation Award, often referred to as the ‘Nobel Prize for Business’, the 2017 The Global Steering Group for Impact Investment (GSG) Market Builder of the Year award, the 2016 Asia Society Asia Game Changer Award, in addition to the prestigious 2014 Joseph Wharton Social Impact Award given by The Wharton School of University of Pennsylvania. Recently, Shahnaz was named in the Forbes 50 over 50 list as a notable leader in the financial industry.

Shahnaz holds a BA from Smith College and a joint degree, an MBA from the Wharton School at the University of Pennsylvania and a MA from the School for Advanced International Studies at John Hopkins University.

If you enjoyed this content, please give it a like and leave a comment - if you're keen in helping me continue this independent journalism, you can support the show from $5 a month at https://www.patreon.com/SmarterImpact - it really means a lot to see your support coming in :)

Smarter Impact is hosted by http://linkedin.com/in/philipbateman and produced by http://bravocharlie.global

***

Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com

"There is no doubt in my mind that if we continue on the path we are going, there will come a time when we will have no choice but to come together to deal with climate change, but by then it would be far too late." - Mr Anote Tong, Former President of the Republic of Kiribati.  

Join me from the conclusion of the Climate Investor Forum, held by Climate Zeitgeist, for this short interview with the Special International Guest, having just completed his keynote and on-stage discussion with Peter Castellas, the dinner session being opened by Sally Capp.  

Regularly speaking on the world stage, Mr Tong has been a stalwart of bringing climate change onto the global agenda, calling for a moratorium on new coal mines in 2015, saying "Let us join together as a global community and take action now" - though well before that, hosting Kofi Annan, United Nations Secretary General in the atoll nation of Kiribati, speaking with Pope Francis, Former US President Barack Obama and at the COP meetings.

Kiribati is an average of 2 metres above sea level, to which the IPCC has stated with many other pacific islands, will likely be submerged within coming decades.  

To this end, Mr Tong has brought 'Migration with dignity' into discussion, being quoted as saying "We are being told that we may have to abandon our islands, the places where our ancestors have been buried, where our children have a home."

Anote is a passionate believer in family and respectful collective action, his work includes overseeing the creation the largest protected marine area in the world, 480,250 square kilometers, known as the Phoenix Islands Protected Area (PIPA), and later adopted as a UNESCO World Heritage site.

".. so as long as we continue on the path that we are heading, then we will continue to be headed towards this catastrophe. And I can assure you, once that catastrophe comes around the corner, there will be no politicians, there will be no partitions, there's no division, because it's going to be a rush for survival. And we'll all be together on this.." - Anote Tong.

Thank you to the sponsors of the Climate Investor Forum, and Michele Hartz for supporting Peter in the organisation:

Major partner:  Pollination
Diamond:  Trawalla Group | Kilara Capital | Wollemi Capital | Adamantem Capital 
Gold: Investible | Gaia Natural Capital | Ndevr Environmental | GHD Advisory | Silva Capital | Virescent Ventures | Sentient Impact Group | Mo Works | Small Giants Academy
Ecotone Partners | City of Melbourne | CO2 Australia Limited | trace

***

Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com

Welcome to the final conversation in my contributor series to our recent report 'No More Greenwashing: Driving evidence-based practice in ESG & Impact Investing', with Dr Jodi York.

Jodi is the Chief Impact Officer at Kilara Capital, Principal of ImpactAbility Solutions, Chair of the Climate Impact Committee with the Climate Venture Capital Fund in New Zealand, part of the Social Performance Advisory Committee for Impact Investment Partners Pty Ltd and a Tutor and mentor in Social Impact Strategy and Management with the Melbourne Accelerator Program (MAP).

Generally as all-round awesome human adept at juggling many competing priorities whilst doing her best for the world, I've known her as a constant source of striving and inspiration, having a top-quality meme game for most situations, and being a global impact leader.

Diving deeper into due dilligence, the continuation of gates that support your theory of change and the give and take of investees partnerning with specialised investors

We go into the push-pull of market forces, access to skilled labour, data that shows up in The Global Impact Investing Network surveys, impact verification and its limitations from folks such as BlueMark and Tideline, and close on waste and circular economy.

***

Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com

Introducing Rosemary Addis, Founding Partner of Mondiale Impact and Ambassador for The Global Steering Group for Impact Investment (GSG), in the next of my contributor conversations for 'No more greenwashing: Driving evidence-based practice in ESG & Impact Investing'.

We discuss the idea of perfect being the enemy of good, which came up during my conversation with Cliff Prior quoting Elias Masilela, and the reality that we've always been making decisions based on imperfect information.

Moving into the trajectories of fund flows, market volatility and fiscal conditions, we discuss the step change occuring in impact methodologies, my discussion with Kristin Siegel and the Impact Management Project.

Q. Where are all the skilled people? What does this labour transition look like and where is it coming from?

In answer we talk through various channels including the excellent and very accessible course from Catherine Clark and Duke University on Coursera; 'Impact Measurement and Management for the SDGs', and the work of Tideline and 'Bridges Insight' by Bridges Fund Management Ltd.

Additionally, I ask questions that you need to be able to answer as a Directors or Business Leader;

How do you go from being reactive to perceived risk, to asking “What would good look like? What would it look like for us to be able to manage this risk well and to move forward in ways that we're also using impact as an identifier of different types of opportunities to differentiate ourselves in the market?”

If you haven't yet got our free report 'No More Greenwashing: Driving evidence-based practice in ESG & Impact Investing' you can download it at http://bit.ly/nomoregreenwashing

***

Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com

Introducing Terence Jeyaretnam, the next contributor featured in our recent release 'No More Greenwashing: Driving evidance-based practice in ESG & Impact Investing' (which you can download for free at http://bit.ly/nomoregreenwashing).  Terence works across a great variety of groups aligned with creating positive impact in the world, and his positions include:

- APAC Leader & Partner for Climate Change & Sustainability Services, EY
- Non Executive Director at Amnesty International, Global Citizen, Fairtrade Australia & New Zealand, Food Frontier, PWN, Australian Legal Sector Alliance
- Member of the Technical Reference Group at the International Sustainability Standards Board (ISSB), Senior Advisor Australia for SASB Standards and Member of the Global Forum on Sustainability for ACCA
- Head of the Audit Panel for the Banksia Foundation
- Advisor for the SAARI Collective
- Adjust Professor at the University of Southern Queensland
- Board member with the Office for Environmental Programs at University of Melbourne
- Chair of the Sustainability Committee with the Group of 100
- Ambassador, Bridging Lanka Ltd (Australia)
- Instructor at GKR Karate International

Apparently he can do all that because "I don't watch much TV and I'm really boring" though I think that undersells his contribution somewhat :D

In the second half of the interview, we go into the retrospective nature of punitive regulatory compliance, the director level resistance to making any Net Zero claims due to liability, the contrast of geographies, tips on compliance requirements, divestment, the opportunity of developing nations to leap-frog the challenges of our societies and the fundamental of change as Terence sees it; personal responsibility.

Don't forget you can grab the free report 'No more Greenwashing - Driving evidence-based practice in ESG & Impact Investing' that Terence contributed to at http://bit.ly/nomoregreenwashing, and if you're looking to improve your Investor and Stakeholder Relations, let's have a chat.

Smarter Impact is hosted by http://linkedin.com/in/philipbateman and produced by http://bravocharlie.global

***

Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com

Join myself and Kristin Siegel, Head of EMEA (Europe, Middle East and Africa) from https://toniic.com - the global action community for impact investing - as we discuss our latest report No More Greenwashing: Driving evidence-based practice in ESG & Impact Investing.

***

Strategy. Advice. Action. Outcomes.  That's my promise.

I help successful and ambitious people make big things happen.

They typically have a very real, significant and potentially life-changing opportunity.  But lack the bandwidth, connections, experience or capital to realise it on their own.

And I know, there are lots of advisers, specialists and consultants out there.

Some will hand you a list of problems to fix, others a plan or strategy.

But very few will stand beside you, hold the vision, do the work and make it happen. I do.

Find out more at PhilipBateman.com