Vision
We are an Impact Investment, Public Policy and CSR advisory practice focused on creating value for organisations through ESG (Environmental, Social and Governance) interventions and impact assessments.
The foundational principle of our practice is to create ‘shared value’ in the process.
What is Shared Value?
Shared value is a concept articulated by Harvard University Economist Prof. Michael E. Porter and N. Craig Co-founder and Managing Director of social impact advisory firm FSG in their 2011 Harvard Business Review journal article - Creating Shared Value.
It is a management strategy through which private companies, multi and bilateral agencies invest and manage business opportunities addressing social and environmental issues. In essence, it encourages organisations to optimize their competitive value by determining creative solutions via customer outreach, new markets, talent acquisition and cost savings combined with a blend of business and social innovations.
This is in contrast to traditional philanthropy and corporate social responsibility (CSR) methods that primarily focus on grants and handouts for projects.
Private companies and multilateral agencies are increasingly incorporating altruistic social and environmental values into their strategies and ventures for profit while addressing social impact - hence the concept ‘shared value’. They are increasingly launching for-profit ventures by leveraging on the expertise of non-governmental organisations (NGOs), philanthropic foundations, government and academic institutions through partnerships and collaborations.
Two new industries have emerged from embracing this shared value stakeholder nexus called ‘Impact Investing’ and ‘ESG (Environmental, Social & Governance)’.
Kunal Kirpalani
FOUNDER + PRINCIPAL
Kunal Kirpalani is the Founder and Principal of Thoth Impact Advisory. A consultant specialising in Public Policy, International Development and Impact Investing, he leads an international existence. An Australian of Indian parentage, Kunal studied in Sydney, Singapore, Canberra, Manchester and London. He has lived and worked on initiatives in the UK, Southeast Asia, Australia and South Asia within government, multilateral and bilateral corporate relations. His experience covers impact investment, financial inclusion, social enterprises, not-for-profits (NFPs), fundraising and academia. He has worked with the Australian Government and with international and humanitarian organisations such as the International Committee of the Red Cross (ICRC) and the United Nations (UN), along with impact investment firms such as Milaap Social Ventures. Kunal holds an MSc in Development Studies from the School of Oriental and African Studies (SOAS), University of London and a BA International Relations from the Australian National University (ANU).
