BAFG 2019 Winner – Ecosofft

ECOSOFFT. Sam Al-Schamma (TIEMBA ‘13 ), a board member and investor in ECOSOFTT accepted the award on behalf of Marcus Lim (TIEMBA’13) and Stanley Samuel (TIEMBA’13). This social enterprise aims to address the global challenge of water shortage, scarcity and quality. ECOSOFTT has delivered more than 50 projects, providing safe drinking water to thousands of people; reduced fresh water intake by almost five-million litres per day; and reclaimed millions of litres of dirty water for re-use.

Congratulations to ECOSOFTT for winning the ‘Business as a Force for Good Award Singapore 2019 Edition’.

Nominations for the award included firms from a variety of industries and ECOSOFTT, a social enterprise that aims to address the global challenge of water shortage, scarcity and quality, emerged as the winner.

ECOSOFTT was founded by two graduates of the INSEAD TIEMBA programme, Stanley Samuel and Marcus Lim, both TIEMBA’13J. Their work has helped enable numerous communities to be self-reliant, water secure and sustainable.

At the moment the company’s projects reduce fresh water intake by almost five-million litres per day. It has also transformed the lives of thousands of women and girls who have returned to school or learnt economically-useful skills, because they no longer spend hours each day collecting water.

It is wonderful to see that many INSEAD alumni are enabling ‘Business as a Force for Good’ and the National Alumni Association in Singapore is looking forward to recognising such initiatives by making this award an annual tradition

 

ECOSOFTT is a social enterprise that aims to address the global challenge of water shortage, scarcity and quality by providing modular, water-management solutions. These enable communities to be self-reliant, water secure and sustainable.

They reduce fresh water intake and footprint by over 50%; reclaim, recycle and reuse over 80% of used water and discharge the surplus in an environmentally-friendly way to replenish sources or give to others.

So far ECOSOFTT has delivered more than 50 projects, providing safe drinking water to thousands of people; reduced fresh water intake by almost five-million litres per day; and reclaimed millions of litres of dirty water for re-use.

They’ve also transformed the lives of more than a thousand women and girls who have returned to school or learnt economically-useful skills, because they no longer spend hours each day collecting water.

ECOSOFTT’s vision is by 2050 to treat over one-trillion litres of water per day; enable 10,000 communities to become water smart; and protect, clean and restore a thousand water bodies.