The Board
The Capitals Coalition has a two-tier governance system with the Management Board responsible for the governance and running of the day-to-day activities, and the Supervisory Board responsible for oversight and strategic direction.
Coalition Board members have demonstrated invaluable experience and insight into the challenges and opportunities connected to delivering our shared ambition. Together, they ensure that a capitals approach is recognized and applied as a foundational element of global decision-making, reporting and disclosure.
To maintain the highest standards of integrity, transparency, and trust, all members of the Coalition Board, in bringing their unique expertise and judgment to the Coalition, serve in a personal capacity and not as representatives of their employers or any external affiliations. We value the diverse professional backgrounds of our members, and we ensure that the strategic oversight remains focused exclusively on the Coalition’s bipartisan vision, impartial to external corporate interests or institutional affiliations.
André Hoffmann
Vice-Chair, Roche Holdings Ltd | Chairman, Capitals Coalition
André Hoffmann
Vice-Chair, Roche Holdings Ltd | Chairman, Capitals Coalition
André Hoffmann is our Chairperson of the Board, Vice Chairman of Roche Holding, Switzerland and serves on the board of the fully owned subsidiary Genentech Inc. in California (USA).
Alongside his non-executive roles in the family business, Mr. Hoffmann has a distinguished cursus in nature conservation and sustainability. He has served among others on the board of WWF International as Vice-President. He is the President of Fondation MAVA and of Fondation Tour du Valat in the Camargue, France.
Mr Hoffmann has joined the Board of SystemIQ to help positively disrupt critical economic systems; the Board of Trustees of the World Economic Forum, as well as of the Center for the Fourth Industrial Revolution in San Francisco. He has also been instrumental in establishing the Hoffmann Global Institute in Business and Society (HGIBS) at INSEAD, his Alma mater, and chairs its Advisory Board.
Mr. Hoffmann studied economics at St. Gallen University and holds an MBA from INSEAD.
Sir Ronnie Cohen
President, GSG Impact | Vice-Chair, Capitals Coalition
Sir Ronnie Cohen
President, GSG Impact | Vice-Chair, Capitals Coalition
Sir Ronnie Cohen is Vice-Chair of Capitals Coalition following its merger in 2025 with the International Foundation for Valuing Impacts (IFVI) of which he was the founding Chair.
Sir Ronnie is a pioneering philanthropist, venture capitalist, private equity investor and social innovator who is driving forward the global Impact Revolution. He is President of GSG Impact and Chair of The Portland Trust, both of which he co-founded, and was co-founder of Social Finance UK, US and Israel and the Education Outcomes Fund, and co-founder Chair of Bridges Fund Management and Better Society Capital. He chaired the G8 Social Impact Investment Taskforce (2013–14), the UK’s Commission on Unclaimed Assets (2005–7), and the UK’s Social Investment Task Force (2000–10). He was co-founder and executive Chair of Apax Partners Worldwide LLP (1972–2005).
He is the author of IMPACT: Reshaping Capitalism to Drive Real Change, (1st ed. 2020, 2nd ed. 2025), which became a Wall Street Journal Bestseller. He is also the author of ON IMPACT: A Guide to the Impact Revolution. His first book The Second Bounce of the Ball, published in 2007, was described by the Financial Times as “one of the best books written on entrepreneurship in recent years.”
Sir Ronnie was educated at Oxford and Harvard. He lives in London.
Mark Gough
CEO
Mark Gough
CEO
As founder and CEO of the Capitals Coalition, Mark is a leading catalyst for collaborative action. He combines private-sector roots with a natural gift for diplomacy, bringing diverse views and perspectives together behind a common vision. Over the years, Mark has been instrumental in shaping the Natural Capital Protocol, the Social and Human Capital Protocol, and in co-founding Business for Nature. Whether serving as Co-Chair of the Impact Management Platform, advising the Nature Positive Initiative, or being a member of the Governance Committee for the Natural Asset Accounting Standards Board, Mark remains dedicated to integrating social, human, and natural capital into the heart of modern decision-making.
What excites Mark most about our strategy is that it enables people to see themselves within the economic system, which is why it will succeed.
Martin Lok
Executive Director
Martin Lok
Executive Director
Natalie Nicholles
Executive Director
Natalie Nicholles
Executive Director
Magali Anderson
Chief Sustainability and Innovation Officer
Magali Anderson
Chief Sustainability and Innovation Officer
Magali Anderson is a global sustainability leader and advocate, having started her career as a field engineer on offshore oil rigs in Nigeria. She has spent 27 years working in the oil and gas industry, living across four continents, managing large teams, P&L, and transversal functional roles. She is a non-executive director for Anglo American and Capitals Coalition.
Magali’s raison d’être is to transform businesses for the better. In 2016, Magali joined Holcim as Group Head of Health & Safety, before becoming Chief Sustainability Officer in 2019 and adding Innovation to her remit in 2021. During her Holcim tenure, Magali was a member of the advisory boards of industry organisations: Business for Nature, the MIT Climate and Sustainability Consortium, the World Green Building Council and the 50L Home Coalition on water efficiency; and Co-chair of the 2050 net-zero work for the Global Cement and Concrete Association. Prior to joining Holcim, Magali spent the majority of her career with SLB, where she started as a Field Engineer and progressed to Country CEO Angola, Head of Europe, and worked across roles such as VP in marketing and Sales, VP Shared Services, and VP Maintenance. Magali ended her career at SLB in Shanghai, where she was overseeing a high-technology manufacturing centre with 800 employees.
In 2022, Magali was awarded Edie Sustainability Leader of the Year and IRF Personality of the Year. She is a mentor of start-ups at Creative Destruction Lab and works tirelessly to promote women in the industry.
Yael Almog
General Counsel, Bank Hapoalim
Yael Almog
General Counsel, Bank Hapoalim
Yael is General Counsel and a Member of the Board of Management at Bank Hapoalim, Israel’s leading financial institution.
Yael served on the International Foundation for Valuing Impacts (IFVI) in Boston, where she chaired the Audit and Finance Committee. Previously, Yael was Executive Director at the IFRS Foundation in London, playing a senior role in global financial reporting and governance. Earlier in her career, she led the Department of International Affairs at the Israel Securities Authority and served for over a decade as a prosecutor in the Securities Crimes Division at the Tel Aviv District Attorney’s Office within Israel’s Ministry of Justice.
Yael is a graduate of Harvard Business School’s Advanced Management Program and holds an LL.M. from Columbia Law School and an LL.B. from Tel Aviv University.
Clara Barby
Senior Partner, Just Climate
Clara Barby
Senior Partner, Just Climate
Clara is Senior Partner at Just Climate. Previously, Clara was Chief Executive of the Impact Management Project (IMP) and led the IFRS Foundation’s project to establish the International Sustainability Standards Board (ISSB), under the direction of the IFRS Foundation’s Trustees. Clara’s public interest work with the IMP was made possible through a secondment from her role as a Partner at Bridges Fund Management, where she led the firm’s sustainable and impact strategies across fund types. Prior to Bridges Fund Management, Clara worked for Acumen’s Capital Markets team and later co-led the Acumen renewable energy portfolio, investing in India and East Africa.
Clara received a BA (Hons) in Greats from Oxford University, and an MBA from INSEAD.
Peter Bakker
President, World Business Council for Sustainable Development
Peter Bakker
President, World Business Council for Sustainable Development
Peter Bakker is President and CEO of the World Business Council for Sustainable Development (WBCSD).
Mr Bakker has led WBCSD since 2012. WBCSD is a global, CEO-led organization of over 200 leading businesses working together to accelerate the transition to a sustainable world. WBCSD member companies come from all business sectors and all major economies, representing a combined revenue of more than USD $8.5 trillion and with 19 million employees.
Mr Bakker is a distinguished business leader who, until June 2011, served as CFO and then CEO of TNT NV, the global transport and logistics company. He has been recipient of the Clinton Global Citizen Award (2009) and the Sustainability Leadership Award (2010). Mr Bakker serves as a member of several corporate sustainability advisory boards.
He received the royal order Officer of the Order of Orange-Nassau in 2018 in recognition of his long-lasting commitment to engaging business in tackling global sustainability issues.
Romina Boarini
Director, OECD WISE (WellBeing, Inclusion, Sustainability and Equal Opportunity) Centre
Romina Boarini
Director, OECD WISE (WellBeing, Inclusion, Sustainability and Equal Opportunity) Centre
Dr. Romina Boarini is the Director of the OECD WISE (WellBeing, Inclusion, Sustainability and Equal Opportunity) Centre, where she promotes the OECD’s position as a leading international institution in the area of well-being, inclusion, sustainability and equal opportunity, and contributes to strengthening OECD research and advice on the Beyond GDP Agenda; policies for well-being; inclusive growth and SDGs.
She was previously a Senior Advisor to the OECD Secretary General and the Head of the Inclusive Growth Initiative, where she developed the OECD Framework for Action on Inclusive Growth and launched Business for Inclusive Growth, a coalition of 40 multinationals committed to fighting inequalities. Before joining the Office of the Secretary-General, Romina worked as Deputy Head of the Well-Being Division of the Statistics Directorate and the Head of the Well-Being and Progress Section, where she was responsible for the OECD Better Life Initiative. Before joining the OECD in 2005, Ms. Boarini was a post-doctoral fellow in Sustainable Development (Chaire EDF-Ecole Polytechnique) and worked as a consultant to the French Ministry of Social Affairs.
Ms. Boarini, an Italian national, holds a PhD in Economics from the École Polytechnique (Paris) and her Research Interests include: Well-being, Poverty, Education and Behavioural Economics.
Vania Borgerth
Board Member, IESBA (International Ethics Standards Board for Accountants)
Vania Borgerth
Board Member, IESBA (International Ethics Standards Board for Accountants)
Vania currently serves as a Board Member of the International Ethics Standards Board for Accountants (IESBA), a position she has held since 2021, and is a member of the Supervisory Board of the Capitals Coalition (since 2025). She is Deputy Coordinator of International Relations at the Brazilian Committee on Sustainability Pronouncements (CBPS) and represents both CBPS and the Brazilian Institute of Corporate Governance (IBGC) in major international sustainability and reporting initiatives, including the IFRS Foundation’s Sustainability Standards Advisory Forum (SSAF) and the Integrated Reporting and Connectivity Council (IRCC).
She is also a member of the Fiscal Council of Folha de São Pauloand participates in global accounting standard discussions as a member of the Brazilian delegation to the UN’s ISAR since 2007. In addition, she serves as General Coordinator of the Brazilian Commission for the Monitoring of Integrated Reporting (CBARI) and participates in the Technical Working Group of the TISFD Beta Framework.
Previously, she built a long career at the Brazilian Development Bank (BNDES), holding various executive roles between 1992 and 2020. She also led the Brazilian delegation to UN-ISAR from 2013 to 2020 and served on the B20 Integrity and Compliance Task Force in 2024.
Her governance experience includes extensive participation in boards and advisory committees. She has served as a Board Member of the SHIFT Project (2019–2025) and of the International Foundation for Valuing Impacts (IFVI) (2023–2025), and as a member of the Audit Committee of Banco Santander Brasil (2021–2024). She has also held several fiscal council roles, including positions with FAPES, PETRO RIO S.A., ELEKTRO REDES S.A., ALLOS S.A., and Folha de São Paulo. Internationally, she served on advisory bodies of the IAASB, IESBA, and the IFRS Foundation between 2010 and 2020.
Saori Dubourg
Former Chair, Value Balancing Alliance Steering Committee
Saori Dubourg
Former Chair, Value Balancing Alliance Steering Committee
Eelco van der Enden
CEO, Accountancy Europe
Eelco van der Enden
CEO, Accountancy Europe
Eelco van der Enden is the CEO of Accountancy Europe. He brings over 35 years of experience in business and civil society organisations. Eelco previously headed PwC’s Global ESG Platform for Tax, Legal, People & Organization Services and has held several senior positions in publicly listed companies, including roles as Head of Treasury, Risk Management, and Tax. Until December 2024, Eelco served as chief executive officer of the Global Reporting Initiative where he led the organisation through groundbreaking changes in sustainability reporting.
Janine Guillot
Former CEO, Value Reporting Foundation
Janine Guillot
Former CEO, Value Reporting Foundation
Janine Guillot is an experienced financial services leader and expert on sustainability and climate-related financial disclosure. She is the former CEO of the Sustainability Accounting Standards Board (SASB) and served as Special Advisor to the Chair of the International Sustainability Standards Board (ISSB). Janine was one of the leaders of the global effort to create the ISSB, leading two mergers in two years to consolidate SASB into the ISSB and simplify the global sustainability disclosure landscape.
Prior to joining SASB, Janine led a distinguished career in financial services. She served as Chief Operating Investment Officer for the California Public Employees’ Retirement System (CalPERS), Chief Operating Officer for the European and Global Fixed Income businesses of Barclays Global Investors (now BlackRock), and executive management roles at Bank of America.
Janine serves on Neuberger Berman’s Sustainable Investing and Stewardship Advisory Council and is a Senior Advisor to the Boston Consulting Group (BCG). In addition to the Capitals Coalition Supervisory Board, Janine currently serves on the Boards of ReFED, a nonprofit focused on catalyzing evidence-based solutions for food waste, and the Gardens of Golden Gate Park in San Francisco. Janine previously served on the Climate-related Financial Risk Advisory Committee to the US Financial Stability Oversight Council, the Board of Directors of Equilibrium Capital, and the Board of the Marin Agricultural Land Trust.
In recognition for leadership at the intersection of sustainability, accounting and finance, Janine was selected as a 2020 and 2021 NACD Directorship 100 Honoree and named to the 2020 Business Insider’s 100 People Transforming Business list.
Naoko Ishii
Director, Center for Global Commons, University of Tokyo
Naoko Ishii
Director, Center for Global Commons, University of Tokyo
Dr. Naoko Ishii has joined University of Tokyo on August 1st 2020 as professor, executive vice president, and inaugurating Director for Center for Global Commons. She will lead this newly established center with the mission to catalyze systems change so that human can achieve sustainable development within planetary boundaries. It is needed to mobilize movements of multi-stakeholders, including business, policy makers, cities, CSOs, and citizens as consumers and investors towards a shared goal of nurturing stewardship of Global Commons, that is the critical earth system for human’s survival. Her belief is that academia can and should play a much more active role in this endeavor.
Prior to joining the university, she served the GEF (Global Environment Facility) as CEO and Chairperson from 2012 to 2020. During her tenure, she formed GEF’s first mid–term strategy, GEF 2020, with strong focus on transformation of key economic systems, and delivered two successful replenishments.
She entered Ministry of Finance, Japan, in 1981 and worked for finance, tax and international finance bureaus, and served as Deputy Vice Minister of Finance, Japan for 2010-2012. She also worked at the IMF and the World Bank and was stationed in Sri Lanka as Country Director for the World Bank during 2006-2010.
She is currently serving as council member for China Council for International Cooperation on Environment and Development, member to Leadership Council of the UN Sustainable Development Solutions Network, commissioner for Food Systems Economic Dialogue, Ambassador for FOLU (Food and Land Use Coalition), member of the Board of PACE (Platform for Accelerating Circular Economy), co-chair of Advisory Network for High Level Panel for Ocean, and co-founder and principal for Global Commons Alliance.
She published papers and books, two of which were awarded by Suntory Prize (1990) and Okita Memorial Prize for International Development Research (2004). She obtained BA in economics and PhD in international development, both from the University of Tokyo.
Conor Kehoe
Chair, International Integrated Reporting Council (IIRC)
Conor Kehoe
Chair, International Integrated Reporting Council (IIRC)
Conor Kehoe is Chair of the (UN) PRI Board. PRI is the investment industry’s global sustainability association – with 5500 members who manage assets totaling $120tn. He also chairs the audit and risk committee of Cartrawler – a Dublin HQ ed ecommerce company in the travel industry and is an Adviser to Summa Equity – Europe’s leading impact investor.
He is a Special Advisor at McKinsey where he founded and co-leads McKinsey’s Board Intelligence Forum for European non-executives and chairs. Previously, he co-founded McKinsey’s Private Equity and Principal Investor Industry (PEPI) Practice and latterly McKinsey New Ventures. While at McKinsey he was a member of the founding team of Focusing Capital on the Long Term (FCLTGlobal.org).
Originally a software engineer, he also led McKinsey’s Tech and Telecom Practice in Europe. He advises a small number of software-based growth stage companies – as a board member or advisory board Chair. He recently chaired the Turing Institute’s AI Fellowship Award Committee. He is an adjunct lecturer at Tsinghua University and, recently, he revived his rusty software skills and completed Stanford’s Machine Learning Course.
Conor previously chaired the International Integrated Reporting Council (IIRC) – a coalition of 70 leading Sustainability organisations – during its merger with SASB and the subsequent merger of the two into the IFRS to form the International Sustainability Standards Board (ISSB) (Sept 2022). He was a member of the G7 Impact Accounting Taskforce and is involved in two organisations advancing the case for impact accounting.
Derk Loorbach
Professor and Director, Dutch Research Institute for Transitions (DRIFT)
Derk Loorbach
Professor and Director, Dutch Research Institute for Transitions (DRIFT)
Derk Loorbach is director of DRIFT and Professor of Socio-economic Transitions at the Faculty of Social Science, both at Erasmus University Rotterdam.
Derk is one of the founders of the transition management approach as new form of governance for sustainable development. He has over one hundred publications in this area and has been involved as an action researcher in numerous transition processes with government, business, civil society and science. He is a frequently invited keynote speaker in and outside Europe.
Caroline Rees
President and Co-Founder, Shift
Caroline Rees
President and Co-Founder, Shift
Caroline Rees is President and Co-Founder of Shift, a non-profit organization with the mission to build a world in which business gets done with respect for people’s dignity and equality. Through her work, she champions the central importance of business respect for human rights to advancing sustainability, equality, meaningful ESG investing, and human and social capital. Her recent work has focused on strengthening social aspects of sustainability reporting as a reflection of, and catalyst for, effective human rights risk management; and improving the data and methods used to evaluate companies’ social performance as part of ESG analysis.
From 2006 to 2011, Caroline was the lead advisor to Professor John Ruggie in his role as the UN Secretary-General’s Special Representative (SRSG) on Business and Human Rights and was closely involved in the development of the UN Guiding Principles on Business and Human Rights. From 2009 to 2011, she was also Director of the Governance and Accountability Program at the Harvard Kennedy School’s Corporate Responsibility Initiative. In her prior career, from 1992 to 2006, Caroline was a British diplomat with a focus on multilateral affairs in the EU and UN. In 2004 she chaired the UN negotiations that led to the creation of the role of SRSG on business and human rights.
George Serafeim (Observer)
Professor, Harvard Business School
George Serafeim (Observer)
Professor, Harvard Business School
George Serafeim is the Charles M. Williams Professor of Business Administration at Harvard Business School, where he focuses on organizational transformation, corporate governance, and business model adaptation in response to climate change and other systemic shifts. He co-leads a Lab at Harvard’s Digital, Data, and Design Institute, examining how organizations can maintain competitive performance while seizing emerging opportunities in rapidly evolving economic and regulatory environments. He teaches in both the MBA program and Executive Education, courses focused on Financial Analysis, Management Controls, Corporate Governance, Energy Transition, Climate Technologies, and Purpose of the Firm. His widely cited research, published in leading academic and practitioner journals, spans accounting, finance, strategy, and management, and he has presented in more than 60 countries, consistently ranking among the top authors on the Social Science Research Network. His book “Purpose and Profit: How Business Can Lift Up the World” explores how organizations can deliver measurable societal impact while achieving high performance. His weekly newsletter, The Edge, provides reflections for business leaders on how to drive excellence and superior results.
Beyond academia, he serves on the board of directors of Liberty Mutual and on the advisory board of leading investment firms. He has played a pivotal role in shaping corporate governance standards globally, including chairing Greece’s Corporate Governance Council, serving on the Steering Committee of the Athens Exchange Group, and acting as an inaugural member of the SASB Standards Council. His contributions have been recognized with multiple awards, such as the Greenhill Award from Harvard Business School, the Pericles Leadership Award, the Kim B. Clark Fellowship on Responsible Leadership from the University of Oxford, the Graham & Dodd Scroll Award (twice), and the JIBS Decade Award.
Sonja Stuchtey
Managing Director, Alliance4Europe
Sonja Stuchtey
Managing Director, Alliance4Europe
Sonja Stuchtey is a serial start-up entrepreneur, advisor & investor, ethical tech advocate, and a sector–shaping social entrepreneur in Germany. After several years as strategic consultant with Booz. Allen & Hamilton in areas such as digitization and telecommunication, she has modernized science teaching with her award-winning social franchise Science-Lab. Her books are bestsellers.
As Senior Advisor, Investor, and Board Member she supports Tech and Civic Tech start-ups. Her focus lies on responsible business models, long-termism, ethical tech and inclusive metrics. Building coalitions is part of her DNA, i.e. in the Atlantic Council GeoTech Center which encourages global tech collaborations, evaluates good tech choices as well as measurable policy alternatives to pursue the responsible use of new technologies and data.
She has been initiator and founding member of Alliance4Europe, the analytical and intelligence backbone for an ever growing body of civil society groups and movements within Europe, and still serves the institution as Chair of the Supervisory Board.
Sonja has studied Busines Administration at WHU (Germany), IAE (France), UC Berkeley (USA), International Education at Bath University (UK), Data Sciences at UC Berkeley (USA) and holds a PhD of TU Munich (Germany). She is married and the mother of six children.
Éliane Ubalijoro
CEO, Center for International Forestry Research and World Agroforestry
Éliane Ubalijoro
CEO, Center for International Forestry Research and World Agroforestry
Éliane Ubalijoro, PhD, is the Chief Executive Officer of the Center for International Forestry Research and World Agroforestry (CIFOR-ICRAF), she spearheads groundbreaking research and innovation to tackle environmental challenges, climate resilience, and food security worldwide. With a career spanning academia, the private sector, and the non-profit and international development sectors, she started as a scientific director in the biotechnology sector working in molecular diagnostics at Warnex, later pivoting to focus on sustainable development as well as improving the lives of women and smallholder farmers in emerging countries. Her expertise in integrating scientific research with policymaking has positioned her as a key figure in shaping sustainable solutions for pressing global challenges.
Alan Vallance
Chief Executive, Institute of Chartered Accountants in England and Wales (ICAEW)
Alan Vallance
Chief Executive, Institute of Chartered Accountants in England and Wales (ICAEW)
Alan Vallance was appointed as Chief Executive in April 2024 at the Institute of Chartered Accountants in England and Wales (ICAEW). Prior to this, Alan was Chief Executive of the Chartered Insurance Institute. Based in the City of London, he was responsible for running the leading chartered professional body for insurance and financial planning professionals, with 125,000 members in 150 countries. Alan is an experienced leader of professional bodies and was previously Chief Executive of the Royal Institute of British Architects from 2016 – 2022 and Group Chief Operating Officer at the Law Society from 2012 – 2015.
Alan qualified as a chartered accountant with Ernst & Whinney (now EY) in their London office. He is a Fellow of three Institutes – the Institute of Chartered Accountants in England and Wales, Chartered Accountants Australia and New Zealand, and the Australian Institute of Company Directors – and an Honorary Fellow of the Korean Institute of Architects. Alan obtained a bachelor’s degree in economics from the University of York in the UK.
Alan is married and lives in Hertfordshire. When time permits, he enjoys playing guitar and has recently stepped out of his comfort zone by learning to dance the Argentine tango.
Weiguo Zhang
Former Board Member, International Accounting Standards Board (IASB)
Weiguo Zhang
Former Board Member, International Accounting Standards Board (IASB)
Prof. Weiguo Zhang is Professor in Practice at the Dishui Lake Advanced Finance Institute, Shanghai University of Finance and Economics (SUFE). He serves as Independent Director and Chairman of the Auditing Committee of China Construction Bank, and Chairman of the Accounting Expert Advisory Committee of the Shenzhen Stock Exchange. He is also a member of the Supervisory Board of the Capitals Coalition.
Prof. Zhang received his PhD in Economics from SUFE. He previously served as Head of SUFE’s Department of Accounting and as a PhD supervisor at both SUFE and Tsinghua University’s School of Economics and Management. From 1997 to 2007, he was Chief Accountant and International Director of the China Securities Regulatory Commission. From 2007 to 2017, he was a Board Member of the International Accounting Standards Board, the first from China.
He has published extensively in Chinese and English and has received multiple national recognitions, including the Special Government Award of the State Council in 2005.
Ambassadors
The Management Board invites Ambassadors based on individual merit. They contribute voluntarily, supporting the Coalition through meetings, events, and other activities as appropriate. They act in a personal capacity, hold no formal management or governance responsibilities, and provide strategic insight on the central questions shaping the Coalition’s mission and the future of value creation through impact accounting.
The Coalition seeks a diverse group of Ambassadors, and invitations are reviewed at least every two years, and Ambassadors may step down at any time.
Eric Archambeau
Founder and Managing Partner, Astanor Ventures
Eric Archambeau
Founder and Managing Partner, Astanor Ventures
Eric Archambeau is Founder and Managing Partner at Astanor, a global impact investing firm in the agrifood space. Astanor, which has grown to circa €1B AUM, invests in technology companies that support the planet and people’s health and accelerate the shift to a resilient economy. Astanor’s flagship investments include ProducePay and Plantible in North America, as well as Aphea.bio, Source.ag, and Standing Ovation in Europe and Tractor Junction in India.
Eric has been a pioneer in the impact investing space for over a-two decades. He has served as Global Chairman of the Jamie Oliver Food Foundation, and lectured at the graduate business school INSEAD, where he founded the Social Entrepreneurship Department and co‐founded Social Impact International, supporting livelihood development and regenerative agriculture programs in India. Eric was a board member of the Harvard Business School initiative, the International Foundation for Valuing Impacts (IFVI) in Boston, and now an embassador of Capitals Coalition as well as a past chairman of the impact investment arm of the UK Government’s NESTA program. He published a book in 2022, Costing the Earth: How to Fix Finance to Save the Planet, outlining how to overhaul finance to achieve net zero.
Prior to Astanor, Eric was a Silicon Valley entrepreneur and later a technology venture capitalist, investing in the likes of Spotify (IPO), Onfido, XING (IPO), PriceMinister (now Rakuten Europe), Betfair (IPO), Maven Clinic, Peakon (now part of Workday), and Freenow (now part of Lyft). Eric holds graduate degrees from UC Berkeley, Stanford University, and Santa Clara University.
Ibukun Awosika
Former Chairperson, First Bank of Nigeria
Ibukun Awosika
Former Chairperson, First Bank of Nigeria
Ibukun Awosika is a trailblazing African entrepreneur, author and global leader renowned for her impact in business, governance, and advocacy. As Founder of The Chair Centre Group and Ibukun Awosika Leadership Academy, she has driven entrepreneurial excellence and leadership development for decades. She has Chaired and served on corporate and non-profit boards across sectors like Education, Energy, IT, Retail, Manufacturing and Financial Services, including as the first Female Chairperson of First Bank of Nigeria and first Chairperson of the Nigerian National Advisory Board for Impact Investing. She also leads/serves several global initiatives, including the UK G7 Impact Taskforce, the Global Steering Group for Impact Investing (GSGI), 2X Global and IFVI (International Foundation for Valuing Impact.
A passionate advocate for women’s leadership, she co-founded Women in Management, Business, and Public Service (WIMBIZ) and is the Convener of The International Woman Leadership Conference in Dubai.
Her accolades include the IWEC Award, the International Friendship Award from the Queen of Spain, and the Forbes Woman Africa Chairperson Award. A fellow of the Aspen Global Leadership Network, she holds 4 Honorary Doctorates and continues to inspire through her Governance, Advocacy, and Leadership.
Dr. Helen Crowley
Global Business & Biodiversity Expert
Dr. Helen Crowley
Global Business & Biodiversity Expert
Dr. Crowley has a 30+ year career underpinning her global expertise in biodiversity across public and private sectors designing and implementing nature based and natural climate solutions, nature/biodiversity business strategy, investment and financing opportunities for impact.
Her professional work spanned over a decade on conservation strategy and programs with the Wildlife Conservation Society in Africa and Madagascar, a decade building corporate sustainability leadership with the luxury group, Kering, and most recently leading the nature focus across all sectors as Managing Director and now Senior Advisor at the advisory and investment firm, Pollination. Beyond that she focuses her efforts globally as an advisor to companies and investors guiding the development and implementation of their strategies and initiatives to align with the transition to Nature Positive and Net Zero.
Dr. Crowley also dedicates time to teaching, writing and presenting to build awareness on ways of integrating nature into design and business. To this end she presents often in global fora, podcasts and online courses, co-produced a short documentary film and was noted as one of the top 52 ‘newsmakers’ in Australia in 2022. She is a non-executive Director on the Board of NatureHelm, and also contributes to the Advisory Boards of Alante Capital and the non-profits, Wildlife Friendly Enterprise Network, Textile Exchange, Capitals Coalition and Savory Foundation and is a mentor to several ‘Nature tech’ and ‘fashion’ start-ups and innovators including through Superorganism and Sustainabelle Advisory.
She has a PhD on Ecology from the Australian National University, has led research expeditions with the Australian Antarctic Expeditions to the Sub-Antarctic and the National Geographic Society in Madagascar. She was awarded Chevalier de l’Ordre National from the President of Madagascar for services to the country.
Rosie Dunscombe
Founder and Director, Blue Crane Consulting Ltd
Rosie Dunscombe
Founder and Director, Blue Crane Consulting Ltd
Joanne Henstock
Independent Consultant to corporate entities on sustainable business models
Joanne Henstock
Independent Consultant to corporate entities on sustainable business models
Nick Hurd
Chair, G7 Impact Taskforce
Nick Hurd
Chair, G7 Impact Taskforce
Nick Hurd is the Chair of GSG Impact, which is working through national partners in 49 countries to promote impact transparency and investment.
He also chairs the Access Foundation for Social Investment in the UK, and the i(x) private equity impact investment company. In 2021, he was asked to chair the Impact Taskforce, set up by GSG Impact with the support of the G7 Presidency.
He has a background in the capital markets, having been a UK pension fund manager and having set up an investment banking business for Flemings in Brazil.
Nick served as a Member of Parliament in the UK for fourteen years. During that time, he served three different Prime Ministers as a UK Government Minister for nine years. As one of the longest serving Minister for Civil Society, he led the Government work that helped establish the UK as a world leader in developing the impact investment market. That included the setting up of Better Society Capital as the first impact investment wholesaler and the establishment of the first social outcome funds to support Social Impact Bonds. In other roles, Nick also served as UK Minister for International Development, Minister for Climate Change and Industry, and Minister for Police.
Myung-soo Kang
Chairman and CEO, Korean Standards Association
Myung-soo Kang
Chairman and CEO, Korean Standards Association
Myung-soo Kang is the Leader of the Global Trade Solution Center at Samil PwC and a Distinguished Professor at Seoul National University of Science and Technology. He previously served as Chairman and CEO of the Korean Standards Association (KSA) and as Deputy Minister and Standing Commissioner of the Korea Trade Commission at the Ministry of Trade, Industry, and Energy of the Republic of Korea.
He has held senior policy and diplomatic roles within MOTIE, including Director General of multiple trade and industry bureaus and Minister Counselor at the Korean Embassy in Japan. Internationally, he has contributed to global standards and sustainability initiatives as a Board Member of the International Foundation for Valuing Impacts (IFVI), a member of ISO Project Committee 343 developing ISO/UNDP 53001 for the UN Sustainable Development Goals, and a Steering Committee Member of the G7 Impact Task Force.
Mr. Kang holds a Ph.D. in Economics from the University of Missouri and degrees from Seoul National University. His public service has been recognized with the Korean Government Merit Medal and the Merit Medal for International Trade, both awarded by the President of the Republic of Korea.
Allison Herren Lee
Adjunct Professor and Senior Research Fellow, NYU Law
Allison Herren Lee
Adjunct Professor and Senior Research Fellow, NYU Law
Former SEC Acting Chair and Commissioner Allison Herren Leeserved as Commissioner from June 2019 through July 2022. She served as Acting Chair of the Commission from January 21, 2021, to April 17, 2021. During her tenure, Commissioner Lee focused on bringing transparency and accountability to markets on issues related to climate change and other ESG-related information.
Commissioner Lee has been a securities law practitioner for 25 years. She is a member of the American College of Governance Counsel, and has written, lectured, and taught courses internationally in Spain and Italy on financial regulation and corporate law. Commissioner Lee served for over a decade in various roles at the SEC, including as counsel to Commissioner Kara Stein and as Senior Counsel in the Division of Enforcement’s Complex Financial Instruments Unit. In addition, she has served as a Special Assistant U.S. Attorney, was a member of the American Bar Association’s former Committee on Public Company Disclosure, and participated on a USAID project in Armenia assisting in the drafting of periodic reporting and disclosure provisions for a comprehensive law of the Republic of Armenia on Securities Market Regulation.
Prior to government service, Commissioner Lee was a partner at Sherman & Howard LLC, focusing on securities, antitrust, and commercial litigation. A member of the Colorado bar, she holds a bachelor’s degree in business from the University of Colorado and a JD from the University of Denver College of Law, where she was salutatorian and a Chancellor’s Scholar, and served on the Law Review.
HSH Prince Max von und zu Liechtenstein
CEO, LGT Group
HSH Prince Max von und zu Liechtenstein
CEO, LGT Group
H.S.H. Prince Max von und zu Liechtenstein has been the CEO of LGT Group since 2006 and was appointed to the role of Chairman of LGT Group in 2021. Since the beginning of his tenure at LGT in 2006, the international Private Banking and Asset Management Group has increased its assets under management from USD 57 billion to more than USD 300 billion. LGT is fully controlled by the Liechtenstein Princely Family and employs over 5000 people in more than 20 locations worldwide.
H.S.H. Prince Max is the founder of Lightrock and LGT Venture Philanthropy as well as Chairman of Lightrock and a member of the Foundation Board of LGT Venture Philanthropy. Lightrock is a leading impact investing firm with over USD 3 billion in client assets under management. LGT Venture Philanthropy focuses on education, healthcare and ecosystem conservation and has invested over USD 100 million in selected organizations in its strategic target areas. H.S.H. Prince Max started his professional career in the private equity industry in 1993 as an investment analyst at JP Morgan Partners in New York. After five years in the United States, he returned to Europe in 1998 to work for the private equity group Industri Kapital as an Associate and Associate Director in London and Hamburg. In 2000, he rejoined JP Morgan Partners as a Director in London before becoming the head of JP Morgan Partners’ German office in 2003.
H.S.H. Prince Max holds an MBA from Harvard Business School and a degree in Business Economics from the European Business School.
Bianca Nijhof
Nature, Biodiversity and Water Expert
Bianca Nijhof
Nature, Biodiversity and Water Expert
Jeremy Nicholls
Assurance Framework Lead for SDG Impact Standards at UNDP
Jeremy Nicholls
Assurance Framework Lead for SDG Impact Standards at UNDP
Jeremy Nicholls is a director and one of the founders of Social Value International, a membership organisation for individuals and organisations supporting principles and standards in accounting for social and environmental value. He works part time with the Impact Management Project, is an ambassador for the Capitals Coalition and a visiting Professor of Social Value at Staffordshire University.
He is also a non-executive director of the FRC Group (a social business based in Liverpool), Keystone Accountability (a non-profit working to improve effectiveness of social purpose organisations) and the Social Investment Business (a social investor). He chairs the British Standards Institute’s Social Value committee and is a member of Accounting for Sustainability’s Expert Panel.
He originally qualified as a chartered accountant, including time as the Finance Director for Tanzania Railways.
“If we are to have a real chance at solving our global challenges – not least climate change and inequality – we urgently need to become more accountable to the people whose lives we affect. The only way to do this is to systemically account for the value that we create and depend on, beyond financial, in our decision making. This is why I am honoured to support and promote the mission of the Capitals Coalition as their Ambassador.”
Armin Peter
Leader in Sustainable Banking and Capital Markets Transformation
Armin Peter
Leader in Sustainable Banking and Capital Markets Transformation
Armin Peter is a leader in sustainable banking and capital markets transformation, with over 25 years of experience. He has driven advancements in infrastructure and governance to promote sustainable finance and decarbonization. As the former Global Head of Debt Syndicate and Head of Sustainable Banking EMEA at UBS Investment Bank, he established UBS’s Sustainable Finance business and developed its Green Bond Funding Framework. Armin’s leadership facilitated significant initiatives, including the HKMA multi-currency Digital Green Bond issuance. Additionally, he served on the GFMA Board and chaired the ICMA FinTech Advisory Committee, shaping industry standards and practices in sustainable finance.
“Contributing to the ambition of integrating the externalities into everything we do and being engaged at the centre of discussion redefining value in economic and financial market thinking must be a passion for any capital markets expert. It’s for that reason, that I like to lend my capital markets expertise to this important discussion. A journey of redefining value and help this way reshaping the capital markets of tomorrow.”
Tracy Palandjian
CEO and Co-Founder, Social Finance
Tracy Palandjian
CEO and Co-Founder, Social Finance
Tracy Palandjian is CEO and Co-Founder of Social Finance, a national nonprofit and registered investment advisor. Social Finance has mobilized over $500 million in new investments designed to achieve improved outcomes across a range of issue areas, including economic mobility, health, and housing. In 2024, the organization launched the Social Finance Institute to advance the field through actionable research and educational outreach.
Previously, Tracy established and led the Nonprofit Practice at The Parthenon Group. She is a co-founder of the U.S. Impact Investing Alliance, where she serves as Vice Chair, and a member of the Harvard Corporation. Tracy also serves on the boards of The Barr Foundation, The International Foundation for Valuing Impacts, and The Boston Foundation.
Tracy is a graduate of Harvard College and Harvard Business School. A native of Hong Kong, Tracy is fluent in Cantonese and Mandarin.
Kathy Seabrook
CEO, Global Solutions, Inc.
Kathy Seabrook
CEO, Global Solutions, Inc.
Kathy is a futurist and influencer, working with companies across industry sector, who are focused on their people and leveraging the value of workplace safety and health impacts on operational, commercial and safety/health excellence, creating value and sustainable, resilient corporate performance. She is an advisor to the Capitals Coalition, the former chair of the Center for Safety and Health Sustainability, published author on global environmental, safety and health management and sustainability, global leader in ISO 45001, past president and fellow of the American Society of Safety Professionals, fellow of the British Institution of Occupational Safety and Health, member of the GRI 403:2018 Occupational Safety and Health standard project working group and the US National Academy of Science, Gulf Research Program Risk Committee. She holds a BSc in Chemistry and certifications in the US, UK and Europe. She is the founder and CEO of Global Solutions, Inc.
“People are at the core of Capitals thinking. People are the innovators, policy and decision makers. The Capitals Coalition work is groundbreaking, shifting the way in which business value their interdependence with natural, human and social capital, creating true value in all decisions, for all stakeholders. ”
Dr. Marta Santamaria
Founder, Integrating Capitals
Dr. Marta Santamaria
Founder, Integrating Capitals
Dr Marta Santamaria has 20+ years of experience in assessing the value provided by nature, people, and society to inform and transform decision-making. Marta has worked extensively in the transformation of several economic sectors, including the energy, food, built environment, and finance sectors.
Previously, she was Senior Director at the Capitals Coalition, where she was leading and advancing approaches to measure and value impacts and dependencies on nature, people and society.
She has been advising several leading organizations, including the Taskforce on Nature-related financial Disclosures (TNFD), Science-based Targets Network (SBTN), Food and Agriculture Organization of the United Nations (FAO), the Impact Management Platform (IMP), the G7 Impact Taskforce, the International Organization for Standardization (ISO), the Value Accounting Network (VAN) and the International Foundation for Valuing Impacts. She is currently Ambassador of the Capitals Coalition.
Robyn Seetal
Leader in Nature Finance and Valuation
Robyn Seetal
Leader in Nature Finance and Valuation
Stefano Zambon
Professor of Accounting and Business Economics, University of Ferrara
Stefano Zambon
Professor of Accounting and Business Economics, University of Ferrara
Prof. Stefano Zambon (PhD, LSE) is Full Professor of Accounting and Business Economics at the University of Ferrara, Italy, with teaching and visiting appointments across four continents, including NYU, LBS, HEC Paris, Waseda, Melbourne, and Canterbury. He has published over 120 works in four languages in books and international journals and is a frequent keynote speaker on intangibles at OECD, UN, European Parliament, European Commission, and government events worldwide.
From 2014 to 2018, he served as President of the French Government’s Expert Group on Intangibles. A founding member of the World Intangible Capital Initiative (WICI), he was its Global Chair (2015–2019) and currently serves on the WICI Global and Europe Governance Groups. Since November 2024, he coordinates the WICI-convened “Strategic Intangibles Initiative,” uniting 18 leading international organizations, including EFFAS, CFA Institute, WIPO, WBCSD, and key standard setters from Germany, Korea, Australia, and Japan.
He has been Secretary General of the Italian Foundation for Business Reporting (O.I.B.R.) since 2019, a member of the IFRS Foundation’s Integrated Reporting and Connectivity Council (IRCC) since 2022, and a Board Member of the International Foundation for Valuing Impacts (IFVI, 2023–2025). He also contributes to EFFAS, ESMA, and EFRAG sustainability and reporting initiatives.
The Advisory Panel
Each year 40 leading organizations are invited to join the Coalition’s Advisory Panel.
The Advisory Panel provides input and guidance that feeds into the Coalition’s strategic development, lead and advocate for a capitals approach in their sectors, and develop and lead collaborative projects on behalf of the Coalition.
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International protocolsThe Coalition Team
The Coalition team provide an overview of work within the community, highlight connections, engage in outreach and facilitate expert advice. They act as matchmakers to ensure that different parts of the system are connected to one another, and that leading organizations and experts are working collaboratively to achieve our shared ambition.
Join the Coalition
Become part of a dynamic global collaboration of leaders and leading organizations who have united around a purpose-driven ambition.
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Collaborate and connect through our new LinkedIn Community Group Valuing what matters. Build relationships within the community, collaborate with peers, explore challenges and opportunities and co-create solutions in a pre-competitive forum.




