Impact Investment Exchange Asia
Impact Investment Exchange Asia is a company.
Financial History
Leadership Team
Key people at Impact Investment Exchange Asia.
Impact Investment Exchange Asia is a company.
Key people at Impact Investment Exchange Asia.
# Impact Investment Exchange Asia: High-Level Overview
Impact Investment Exchange (IIX) is a Singapore-based financial services organization that operates as a pioneer in impact investing, functioning as a bridge between social enterprises and impact investors across Asia and beyond.[1][5] Rather than a traditional investment firm, IIX is a for-profit social enterprise that provides digital platforms, capital access solutions, and impact measurement tools to enable sustainable businesses to scale their social and environmental impact.[1][3]
IIX's core mission is to create a billion sustainable livelihoods by 2030 by transforming the financial system to give women, the environment, and underserved communities a measurable value and voice in global markets.[5] The organization operates across three primary pillars: promoting gender equality, driving climate action, and building vibrant, resilient communities.[6] To date, IIX has unlocked US$295 million in private-sector capital, positively impacted over 159 million direct and household lives, and avoided over 1.83 million tons of carbon across 57 countries.[1]
IIX was founded in 2009 by Professor Durreen Shahnaz, who conceptualized the world's first social stock exchange during the global financial crisis.[5] Shahnaz's journey began on Wall Street in 1989, where she was among the first women and people of color in finance. After gaining experience in the financial sector, she returned to Bangladesh to apply her learnings toward creating a "third space for global solutions" that would connect development impact with capital markets—a vision that had been largely absent from mainstream finance.[4][5]
The founding of IIX represented a deliberate pivot from traditional finance toward inclusive, impact-driven investing. Rather than pursuing conventional Wall Street success, Shahnaz built an organization designed to move impact investing from the margins to the mainstream of global financial markets.[5]
IIX operates at the intersection of three major global trends: the mainstreaming of impact investing, the rise of gender-focused finance, and the urgency of climate action. The organization has effectively positioned itself as a market infrastructure provider rather than a traditional investor, creating the plumbing through which impact capital flows to underserved communities.
The timing of IIX's emergence and evolution has been strategic. As institutional investors increasingly seek to align capital with environmental, social, and governance (ESG) objectives, IIX has built the measurement tools, platforms, and financial products that make such alignment possible at scale. The organization's focus on Asia—a region with both significant capital availability and substantial development needs—has allowed it to become a regional leader while building global influence.[1][3]
IIX's influence extends beyond capital deployment. Through its research initiatives, advisory services, and the Orange Movement™, the organization shapes how the broader financial system thinks about gender equality, climate resilience, and inclusive growth. Its award recognition—including the Oslo Business for Peace Award and UN Global Climate Action Award—reflects its role as a thought leader and standard-setter in sustainable finance.[1][6]
IIX stands at an inflection point in the impact investing movement. Having established foundational infrastructure (platforms, measurement tools, financial products) and demonstrated proof of concept (US$295 million deployed, 159 million lives impacted), the organization is now focused on scaling its impact through the Orange Movement™ and expanding geographic reach from Afghanistan to the Philippines and beyond.
The next phase of IIX's evolution will likely be defined by three factors: deepening institutional investor participation in impact bonds and social stock exchange listings, expanding gender-focused finance as a distinct asset class within sustainable investing, and proving long-term financial sustainability of impact-first business models. As global capital increasingly seeks measurable social returns alongside financial returns, IIX's role as a trusted intermediary and impact verifier will become increasingly valuable.
The organization's trajectory suggests that impact investing—once a niche movement—is becoming embedded in mainstream financial infrastructure, with IIX positioned as a foundational architect of that transformation.
Key people at Impact Investment Exchange Asia.