Jul 20, 2026 · 21 min · 10 segments
The Social Enterprise Education Lab (SEED.Lab) was set up in 2020 by Petronas and Tata Consultancy Services (TCS) to build foundational skills for social entrepreneurship in Malaysia. We discuss the…
Mahendran BalakrishnanGuestNazrul Hanif Ahmad NazirGuest
Shazana MokhtarHost
Good morning, you're listening to People Planet Profit, the show where we explore developments and debate in the ESG space.

Can social good be the driving force of business? That's what social entrepreneurship aims to achieve by prioritizing impact to the community over financial returns on investment.

However, while the intentions are noble, the unfortunate reality is that social enterprises still need to make economic sense, which can be difficult to balance in a capitalist society that prizes profit.

So is there a recipe for a thriving social enterprise in Malaysia? We're going to be exploring this today with Mahendran Balakrishnan, Senior Manager at SeedLab, a social enterprise incubator program set up by Petronas and Tata Consultancy, as well as Nazrul Hanif Ahmad Nazir, co-founder of SMUT, a social enterprise which provides accessible digital solutions for micro SMEs.
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Good morning, you're listening to People Planet Profit, the show where we explore developments and debate in the ESG space.

Can social good be the driving force of business? That's what social entrepreneurship aims to achieve by prioritizing impact to the community over financial returns on investment.

However, while the intentions are noble, the unfortunate reality is that social enterprises still need to make economic sense, which can be difficult to balance in a capitalist society that prizes profit.

So is there a recipe for a thriving social enterprise in Malaysia? We're going to be exploring this today with Mahendran Balakrishnan, Senior Manager at SeedLab, a social enterprise incubator program set up by Petronas and Tata Consultancy, as well as Nazrul Hanif Ahmad Nazir, co-founder of SMUT, a social enterprise which provides accessible digital solutions for micro SMEs.