M&A as a pathway to systems change
By Bonnie Chiu, Managing Director, The Social Investment Consultancy Mergers and acquisitions (M&A) are rarely discussed as a route to systems change. In the social impact sector, they are more often seen as a response to financial pressure, or simply as a way to grow. Two years ago, TSIC brought The Social Innovation Partnership (TSIP) […]
M&A as stewardship, not absorption
Written by Bonnie Chiu – Managing Director, The Social Investment Consultancy At its best, a merger is connection without collapse – a chance to strengthen what communities love and value. At its worst, it is expensive, time-consuming, and emotionally demanding – and only hastens the decline it means to divert. Two years on from The […]
Beyond Investment Readiness
How collateral rules and payment terms keep impact capital out of reach By Bonnie Chiu, Managing Director, TSIC and Sinethemba Mafanya, Principal of AUA Advisory, An independent Investment Advisory When an impact enterprise pays farmers immediately but waits months for a corporate buyer, whofinances the gap? Drawing on work with 24 enterprises, Bonnie Chiu and […]
Reflections on 6.5 years at TSIC: how our sector is evolving
By Yu-Shan Chiu, Past Director of Practice and Innovation, TSIC After six and a half years at TSIC, I am preparing to embark on my next adventure. I joined TSIC right as the pandemic overturned our society and forced us to confront hard questions about who was left behind. As I get ready for my […]
The Theory of Knowing in the age of AI (Part 2)
By Bonnie Chiu, Managing Director, The Social Investment Consultancy This is a two part blog, find the first part here. What next? The choice between AI as a scaffold or substitute is ultimately a choice about what kinds of knowledge, we believe, get us closer to solving the world’s greates social and environmental challenges. We […]
Three Futures for Civil Society: Financialised, Fragmented or Re-Mutualised?
By Bonnie Chiu, Managing Director, The Social Investment Consultancy If we step back and apply a futures lens, we can begin to see three plausible trajectories for UK civil society over the next 10-15 years. These are not predictions, but directions of travel already visible in today’s choices, incentives and structures. 1. The Financialised Civil […]
Reenergia Impact Signs MoU with TSIC to Strengthen Impact Measurement and Management for the SIIN Fund
Reenergia Impact is pleased to announce the signing of a Memorandum of Understanding (MoU) with The Social Investment Consultancy (TSIC), a global social impact advisory firm, to strengthen the Impact Measurement and Management (IMM) architecture for the Sustainable Impact and Innovation Nexus (SIIN) Fund. The partnership brings together Reenergia Impact’s leadership in impact investment with […]
The Missing Layer Between Innovation and Impact
What it really takes to scale impact across Asia Reflections from the SFi Impact Summit, Hong Kong By Ravi Chidambaram, Chief Executive Officer, Rimm Sustainability and Bonnie Chiu, Managing Director, The Social Investment Consultancy (TSIC) At the SFi Impact Summit 2026 in Hong Kong, leaders from across finance, philanthropy, government, sustainability and impact investing came […]
Measuring Social Inclusion: What the Data Shows, What It Misses, and What We Did About It
Written by Timothy Cheng, Senior Consultant and Strategic Lead for DEI Services This is the second of a series of two blog posts about the reflection from the Resolve Community Scorecard project. During the course of this project, one of Hong Kong’s most consistent sources of corporate inclusion data quietly ceased to exist. Community Business, […]
What Does Social Inclusion Actually Mean? A Personal and Professional Reflection
Written by Timothy Cheng, Senior Consultant and Strategic Lead for DEI Services, TSIC This is the first of a series of two blog posts about the reflection from the Resolve Community Scorecard project. In 2022, I moved from Hong Kong to the United Kingdom. In Hong Kong, I am male, ethnic Chinese, part of the […]