What is the Japan Social Innovation and Investment Foundation (SIIF)? Foundation summary

“Impact” signals our intent for the future.

In today’s world we are seeing the end of an era in which economic value was placed above all else, and the emergence of a diversity of benchmarks to measure value, such as society, the environment and culture. Social impact means positive change that is not limited to economic value. The meaning of this term, which is not yet clearly defined, is something that each and every one of us chooses and creates. It also signals our “intent for the future,” as it were.

Create Impact Create Impact

Vision / Mission

Vision

To build the foundation for a society in which the resolution of social problems and the creation of value take place autonomously and sustainably

The goal of SIIF is an inclusive society in which the dreams of both individuals and communities are realized. We believe it is a society that individuals and communities must continually seek, choose and create for themselves.

Mission

To build an ecosystem for the circulation of social and economic resources that transcends the framework of self-help, public help and mutual help

Self-help centered on the market economy. Public help based on a centralized system of redistribution. And mutual help and reciprocal aid, which are a form of interdependence at the individual level. SIIF aims to build a new model for the circulation of resources such as funds, people, and knowledge that transcends these frameworks, and to present diverse benchmarks for measuring the value of social outcomes.

Five strategic themes for accomplishing our mission

Five strategic themes and main results of activities (Fiscal 2017-Fiscal 2019)
Five strategic themes Fiscal 2017 Fiscal 2018 Fiscal 2019
1
Impact investing
  • Impact Investing Forum 2018 held
  • Investing in the “Plus Social Investment” platform for impact investing for communities in which it is held
  • The GSG Japan National Advisory Board held a meeting with the G20 Development Working Group on the theme of impact investing
  • Established “HATARAKU Fund” impact investing fund aimed at resolving social problems related to the life events of working people
  • Selected as an Organization Distributing Funds for dormant deposit accounts
    Began project to support growth of social businesses for revitalizing regions
  • Invested in program to support startups by single mothers
  • Impact Investing Forum 2019 held
  • Conducted survey into consumer awareness of impact investing
  • G8 Social Impact Investment Task Force (now the Global published “The Current State of Impact Investing in Japan 2018” and “Position Paper on Expanding Impact Steering Group for Impact Investment, or GSG) Investing”
2
Social impact
measurement/management
  • Agrees to introduce social impact measurement in Healthcare New Frontier Fund established by Kanagawa Prefecture
  • Chief sponsor of “Social Impact Day” held by Social Impact Measurement Initiative (SIMI; now the Social Impact Management Initiative)
  • “Healthcare New Frontier Fund Impact Report 2018” published
3
PFS (Pay-for-success) contracts/ SIB (Social impact bonds)
  • The City of Kobe issued a social impact bond aimed at preventing progression of severe diabetic nephropathy
  • The City of Hachioji introduced a social impact bond aimed at raising screening rates for bowel cancer
  • Made policy proposals through participation in Council on Investments for the Future, etc., issued survey reports, and held seminars
  • Hiroshima Prefecture and six local governments within the prefecture issued a social impact bond aimed at raising screening rates for bowel cancer
  • The City of Okayama partnered with companies to issue a social impact bond that uses health points
  • The City of Toyonaka issued a social impact bond aimed at supporting those trying to give up smoking
4
Alternatives
  • Launched “Hallucigenia Lab” seed accelerator program for research and development of new mechanisms for resource circulation
  • Invested in ADDress Co., Ltd., which operates a platform for enabling residency across multiple locations by utilizing unoccupied housing
5
Progressive philanthropy
  • Began investigation into philanthropic services for high-net-worth individuals
Five strategic themes and main results of activities (Fiscal 2017-Fiscal 2019)
1
Impact investing
Fiscal 2017
Impact Investing Forum 2018 held
Investing in the “Plus Social Investment” platform for impact investing for communities in which it is held
Fiscal 2018
The GSG Japan National Advisory Board held a meeting with the G20 Development Working Group on the theme of impact investing
Fiscal 2019
Established “HATARAKU Fund” impact investing fund aimed at resolving social problems related to the life events of working people
Selected as an Organization Distributing Funds for dormant deposit accounts
Began project to support growth of social businesses for revitalizing regions
Invested in program to support startups by single mothers
Impact Investing Forum 2019 held
Conducted survey into consumer awareness of impact investing
G8 Social Impact Investment Task Force (now the Global published “The Current State of Impact Investing in Japan 2018” and “Position Paper on Expanding Impact Steering Group for Impact Investment, or GSG) Investing”
2
Social impact
measurement/management
Fiscal 2017
Fiscal 2018
Agrees to introduce social impact measurement in Healthcare New Frontier Fund established by Kanagawa Prefecture
Chief sponsor of “Social Impact Day” held by Social Impact Measurement Initiative (SIMI; now the Social Impact Management Initiative)
Fiscal 2019
“Healthcare New Frontier Fund Impact Report 2018” published
3
PFS (pay-for-success) contracts / Social impact bonds (SIB)
Fiscal 2017
The City of Kobe issued a social impact bond aimed at preventing progression of severe diabetic nephropathy
The City of Hachioji introduced a social impact bond aimed at raising screening rates for bowel cancer
Made policy proposals through participation in Council on Investments for the Future, etc., issued survey reports, and held seminars
Fiscal 2018
Hiroshima Prefecture and six local governments within the prefecture issued a social impact bond aimed at raising screening rates for bowel cancer
The City of Okayama partnered with companies to issue a social impact bond that uses health points
Fiscal 2019
The City of Toyonaka issued a social impact bond aimed at supporting those trying to give up smoking
4
Alternatives
Fiscal 2017
Fiscal 2018
Fiscal 2019
Launched “Hallucigenia Lab” seed accelerator program for research and development of new mechanisms for resource circulation
Invested in ADDress Co., Ltd., which operates a platform for enabling residency across multiple locations by utilizing unoccupied housing
5
Progressive philanthropy
Fiscal 2017
Fiscal 2018
Fiscal 2019
Began investigation into philanthropic services for high-net-worth individuals