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Speaker:
・Mr. Karim Harji, Programme Director, Oxford Impact Measurement Programme, University of Oxford
・Ms. Sara Olsen, CEO and Founder, Social Value US- SVT Group
・Mr. Yoshiaki Ishikawa, CFO and Impact Officer, Life is Tech, Inc.
・Ms. Chika Ochiai, Director K-three Inc.

Modorator：
・Katsuji Imata, President, Social Impact Management Initiative / Co-CEO, Blue Mable Japan, Inc.
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Session five featured Mr. Karim Harji, Programme Director, Oxford Impact Measurement Programme, University of Oxford and Ms. Sara Olsen CEO and Founder, Social Value US- SVT Group, who shared their distinctive professional perspectives on the meaning and importance of IMM (Impact Measurement and Management). They shared information about the evolution of the field of impact management and global trends. Mr. Harji explained basic concepts behind and core elements as well as the development of the dialogue around IMM. Ms. Olsen introduced the prospects for the future of the impact economy by drawing upon the idea of ‘doughnut economics.’ According to this model, life’s essentials have an inner limit (minimum threshold) and economic growth has an outer limit (maximum threshold). If economic growth or the maximum threshold is overly prioritized then both the planet and people would be harmed. Hence, it is important to prioritise both so that human well-being is not jeopardized and the economic growth is kept at an adequate level.

After the two initial presentations grounded in a real practice, Mr. Yoshiaki Ishikawa, CFO and Impact Officer, Life is Tech, Inc. and Ms. Chika Ochiai, Director K-three Inc. asked questions about initial public offering where the concern was whether new investors would be interested in generating impact as much as the investee. It was pointed out that even though more people in the investing industry are thinking about these issues, society as a whole is still catching up. Investors in general are still ruled by the idea of shareholder supremacy, and this needs to be carefully thought through when designing an initial public offering.