Business with Purpose

Business with Purpose

About Business with Purpose

Purpose /ˈpəːpəs/, to most, relates to a search of the reason why and what something or someone is to become. In recent years, “purpose” is also emerging as a competitive advantage and a powerful way to blend business and society, where companies with an established sense of purpose – measured by social impact – were seen to significantly outperform the S&P 500 by over 1,000% over 15 years (EY / Harvard Business Review, 2016). The business case for “purpose” becomes increasingly clear, but building it to inspire stakeholders and trust is more than just creating a mission statement in the office.

In February 2021, the “Business with Purpose” platform was formed through an Impact Partnership between The Hong Kong Management Association (HKMA) and Social Ventures Hong Kong (SVhk). It is united by our common vision to support corporate and social leaders in redefining sustainability, while reinforcing a shared mission to embed PURPOSE in action for a better collective future for HKMA’s members and the wider business community.

Signatories 2023

Signatories 2022

Signatories 2021

Highlights of 2022 Pledge in Action Signing Ceremony

Meet Our Influential Impact Leaders 2021

What We Do

To help businesses realise their full potentials, a series of “Business with Purpose” initiatives will be launched under the pillars of Advocacy, Award, Advisory and Academy.


  • Pledge in action
  • Cross-ecosystem platform curation
  • Advocacy campaigns


  • Talks and seminars
  • Interactive workshops
  • Professional development and education courses


  • Social innovation lab
  • Impact advisory / consultancy services


  • Hong Kong Sustainability Award
  • Embedded social impact judging criterion in HKMA business awards

By activating a stronger supporting ecosystem to advance purpose-led values, the platform hopes to inspire and nurture purposeful leadership and future talents for our business community.

Pledges in Action

Together we declare purpose, and put our vision into action

2030 is fast approaching, as are our aspirations to realise the United Nation’s Sustainable Development Goals. Every baby step matters.
Starting from 2021, we invite all business leaders to declare PURPOSE.

  • Purpose in Action
    Prioritise purpose in business strategy. Action-based approach.
  • Universal Employee Development
    Culture of inclusion, wellbeing, innovation and co-creation.
  • Responsible Investing
    ESG-aligned investments. Community ventures for collective impact.
  • Planet-friendly Practices
    Eco-friendly workplace and infrastructures. Solutions to combat climate change.
  • Operational Impact & Accountability
    Corporate governance. Impact evaluation. Shared value approach.
  • Supply Chain Sustainability
    Collective actions and partnerships. Integrated lifecycle model.
  • Ethical Consumption
    Conscious consumption movement. Sustainable living for the next generation.


Date Event
28 June 2022 SVhk x INNOTIER x Yip’s Chemical – A Practitioner’s Perspective
6 May 2022 2022 Pledge in Action Signing Ceremony
26 August 2021 Business with Purpose: 100-Day Get Together
16 June 2021 Seminars on “Creating Shared Value: The New Competitive Advantage”
26 May 2021 Seminar on ‘The 7 Approaches of Purpose Business’
26 April 2021 15 founding signatories joined HKMA and SVhk in signing a pledge in action to reinforce their commitment to PURPOSE
22 February 2021 HKMA and SVhk signed MOU to fuel “Business with Purpose” movement


Stay tuned for the latest Business with Purpose happenings:



  • Limited free social innovation lab sessions by Social Ventures Hong Kong – sign up here

Our Impact Partner

Social Ventures Hong Kong (SVhk) is an Impact Purpose Organisation dedicated to reimagining a purpose-driven city. Since its founding in 2007, SVhk has invented over 40 social innovation projects including Light Be (empowerment housing), Green Monday (plant-based movement), and HATCH (co-working factory). SVhk is also committed to mainstreaming impact value creation through its “Business 2.0” platform and has advised a number of notable Hong Kong businesses including Airport Authority Hong Kong, Cathay Pacific, the Urban Renewal Authority, and the Hong Kong Broadband Network.

Contact Us

Interested in the above? Please join our “Business with Purpose” Network to stay tuned for our upcoming initiatives, or contact us via