Durreen Shahnaz wins for her work with the world’s first stock exchange dedicated to social enterprises

THE founder of a Singapore-based impact investing platform has clinched an Oslo Business for Peace Award, alongside Tesla founder Elon Musk and two others.

Durreen Shahnaz won for her work with Impact Investment Exchange (IIX), dubbed the world’s first stock exchange dedicated to social enterprises. It was founded in 2009, and has “positively impacted” some 10 million lives, according to the award’s committee. Read More.

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ICC Secretary General John Danilovich joins Governing Mayor of Oslo Raymond Johansen in the Norwegian capital today to announce the four winners of the 2017 Business for Peace Awards.

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Durreen Shahnaz, a Bangladeshi and founder of Singapore-based impact enterprise Impact Investment Exchange (IIX) and IIX Foundation, has been selected as a 2017 Business for Peace Award honoree for her commitment to promoting an evolved form of capitalism that values both financial returns and positive social and environmental impact.

Durreen is the third Bangladeshi to receive the award after Latifur Rahman, chairman and CEO of Transcom Group in 2012, and Selima Ahmad, vice chairperson of Nitol-Niloy Group in 2014.

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Today John Danilovich, Secretary General of International Chamber of Commerce (ICC), announced the winners of 2017 Oslo Business for Peace Award at an event at the Oslo City Hall, hosted by Governing Mayor of Oslo Raymond Johansen. Dr. Harley Seyedin (President of American Chamber of Commerce in South China), Elon Musk, Durreen Shahnaz and Murad Al-Katib are the four winners of this award. The selection was made by an independent committee of Nobel Prize winners in Peace and Economics in closed-door meetings for the Oslo Business for Peace Foundation. Read More

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As a young girl in Dhaka, Bangladesh, Durreen Shahnaz would watch as the men in her family left home to go pray at the mosque. The women often stayed behind to feed beggars outside their home. “We didn’t have much,” Shahnaz remembers. “It was a post-war nation ravished with famine, but we all had to do our part. It was important for us not just give something to others but also to help them stand on their feet.”

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Asia Society today announced the 2016 Asia Game Changers, recognizing those making a transformative and positive difference for the future of Asia and the world.

This year’s nine honorees include a doctor who has restored sight to thousands of patients, a young activist who is bringing education to her fellow Syrian refugees, a pioneer in social impact investment in Asia, and two musicians who are using art to heal their war-torn nations. Iconic architect I.M. Pei, a mentor to scores of American and Chinese architects alike, will receive the first Asia Game Changer Lifetime Achievement Award. Read More

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Impact Exchange, the world’s first social stock exchange, launched by Impact Investment Exchange Asia (IIX), is poised to introduce its first instrument — the Women’s Livelihood Bond — which is set to raise US$20 million from a pool of underlying issuers. IIX founder and chairman Durreen Shahnaz talks about this instrument and the other investment platforms the company has come up with for the social good.

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EVEN small-scale businesses can make a big different in society as shown in the recent success of six winning enterprises across Asia, including the Philippines, feted in the inaugural IIX-N-Peace Innovation Challenge 2015. Read More

Innovative solutions to social challenges can come from anywhere, and no longer from just traditional actors, such as governments, nongovernmental organizations or development agencies. Read More

FOUR winning Philippine-based social enterprises (SEs) would be needing a total capital infusion of P37.8 million to pursue their growth plan in the coming years. Read More