1、A business of Marsh McLennanFamily impactcapital for Social innovationsUrban Solutions Action Playbook April 20242 Oliver WymanAs the social investment ecosystem in Northeast Asia matures,families in the region are increasingly deploying their capital towards addressing key social issues in their ci
2、ties.To understand and therefore deepen this practice,Social Ventures Hong Kong(SVHK)and AVPN hosted the Family Impact Symposium 2024 in March 2024 with Oliver Wyman as the Insights Partner,bringing together family foundations,businesses,and trusts that have demonstrated a strong interest in driving
3、 social outcomes.This two-day symposium highlighted pertinent urban issues,current trends in social investment and how family-led capital can support the cause to bring about positive social change.As more family-led capital enters the social investment space,these private-sector funders are playing
4、 a dynamic and unique role in social development,alleviating the burden on the public sector.We are pleased to present the key findings that were surfaced during the symposium and in conversations with philanthropic funders and provide a roadmap for families to embark on or deepen their social impac
5、t strategies.We extend our gratitude to all the organisations and experts who contributed to this playbook,and we hope you find this research enjoyable and informative.DEAR READER,Francis NgaiFounder and Chief Executive OfficerSocial Ventures Hong KongRoshini PrakashChief Knowledge OfficerAVPNJasper
6、 YipPartnerOliver Wyman3 Oliver WymanExecutive summary401Context and methodology502Urban social challenges in Northeast Asia703Unlocking the potential of family capital1604Actioning for impact2405Case studies:How Families are Addressing Urban Social Issues32 Youth Development and Wellbeing34 Climate