Big Society Capital welcomes new institute aiming to help investors achieve positive social impact | Big Society Capital

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Big Society Capital welcomes new institute aiming to help investors achieve positive social impact

Today (Monday) has seen the launch of The Impact Investing Institute. The organisation aims to make it easier for people to invest their money to benefit communities and society.

Sir Harvey McGrath, Chair of Big Society Capital, said:
 
The UK is well-placed with its long running history in impact investing and as a global financial hub to accelerate the next wave of growth and innovation in impact investing. Big Society Capital is pleased to show its support to the newly formed Institute and join as a founding member.
Bringing together the UK NAB and Implementation Taskforce is a good example of where collaboration can truly make a difference, creating a joined up group with an impressive convening power and world-class knowledge of both mainstream and social investment. The Institute will build on past successes through an ambitious and well supported organisation to stimulate the next phase of market growth and social impact.
Cliff Prior, CEO of Big Society Capital, commented:
 
We are delighted to see social investment fully included in the new Institute, helping grow the kind of finance which is so valuable to social enterprises and charities in their role to improve the lives of people in disadvantage in the UK. Big Society Capital will be fully engaged in the Institute and its vital work to open up impact investing.
 
The Impact Investing Institute plans to launch formally later in the year, and is currently recruiting a CEO.
 
 

-ENDS-

NOTES TO EDITORS

Further information about The Impact Investing Institute can be found on its website.

ABOUT BIG SOCIETY CAPITAL

Big Society Capital improves the lives of people in the UK by connecting social investment to social enterprises and charities.

We know that investment can help social enterprises and charities achieve more. We believe the greatest chance to improve lives comes when investors and enterprises are both motivated by social mission.

We engage with investors, fund managers, social enterprises and charities to make it easier to use social investment. With our co-investors, we have made over £1.7bn of new capital available to organisations with a social mission, through investments into fund managers and social banks. We have a special focus on: providing homes for people in need; supporting communities to improve lives; and early action to prevent problems.

PRESS CONTACT

Kathryn Mortimer, Press Officer, Big Society Capital

T: 020 7186 2537, E: kmortimer@bigsocietycapital.com  

Last updated | 
3 June 2019