For Alvin Li, impact investing means taxing dad and becoming a vegan

Singapore

IMPACT investing shouldn't be easy, said Alvin Li, a 28-year old serial social entrepreneur and DBS private bank client.

Companies should have robust measures and take ownership of efforts to ensure their business activities are not harming the environment, said Mr Li on Friday at a DBS media briefing on millennial philanthropy in Asia.

The process of cleaning up "should be difficult," said Mr Li, who is from Hong Kong.

Families who have made their fortunes in fishing and palm oil do face "huge conflicts" with their next generation who are trying to go into the business and making sur…