The Family Business Network International (FBN International) has reinforced its commitment to sustainability and impact investing in Asia by launching the Impact Partners’ Coalition. This initiative, announced at the FBN Impact International Forum 2025 held at Mandai Rainforest Resort in Singapore, aims to harness the collective power of family businesses to address global challenges through cohesive action.
Grace Fu, Singapore’s Minister for Sustainability and the Environment, highlighted the country’s role as a hub for sustainable finance, stating, “Family enterprises are uniquely placed to combine long-term vision with immediate action. Collaboration is critical if Asia is to achieve resilience and sustainability for generations to come.”
Family enterprises, which generate over 70% of global GDP, are increasingly shifting from wealth preservation to impact creation. In Singapore, family offices have grown nearly five-fold since 2020, reflecting a trend towards investing in climate ventures and inclusive growth.
The newly formed Impact Partners’ Coalition, comprising 14 entities from philanthropic, academic, and private sectors, aims to drive regenerative solutions and facilitate shared learning. Key organisations involved include Tsao Pao Chee, No. 17 Foundation, and the Family Business Network.
Rena Chai, Executive Director of FBN Asia, emphasised the need for collective action, stating, “Family businesses have knowledge, networks, and resilience built over generations. What’s missing is collective power and conviction.”
The forum concluded with a commitment to collaboration, with plans for a family business exchange in France in 2026 to further dialogue on critical issues such as energy transition and biodiversity.
