Social Stock Exchange in India: Importance and Relevance of Impact — Measurement & Management

The last decade has been more eventful than ever in Indian history from development sector perspective. Few key developments that have brought the impact investing space to limelight are: Corporate Social Responsibility (CSR) was mandated as part of Section 135 of Companies Act, 2013; Transaction from MDG to UN SDG in 2015; Setting up of SDG Finance Facility in India- 2018; Announcement to set up Social Stock Exchange; and Covid 2019. All of this put together demand for accelerated need for Impact Management & Optimization. In this backdrop, an Oct. 1 session at Social Value Matters 2020 conference focused on bringing in voices of diverse stakeholders interest groups, and nuances towards impact management and optimization.

The presenters, who also responded to questions posed by attendees via the chat screen, included:

  • Hemant Gupta, Managing Director at BRTSIF (BIL Ryerson Technology Startup Incubator Foundation)
  • Santhosh Jayaram, Partner & Head – Sustainability and CSR Advisory at KPMG
  • Ramraj Pai, Chief Executive Officer at India Impact Investor’s Council (IIC)
  • Swati Shah Gupta,Director – Impact Investment at Aavishkaar Group
  • Ingrid Srinath, Founding Director at the Centre for Social Impact and Philanthropy (CSIP) at Ashoka University
  • Jignesh Thakkar, Associate Director – CSR & Sustainability at KMPG in India