Year: 2022

Charity Bank Celebrates 20 Years

Stuart Mitchell

In October, Charity Bank marked 20 years since its incorporation with a special celebration held at LSO St Luke’s in London. Charity Bank was officially launched at 11 Downing Street by then Chancellor of the Exchequer, Gordon Brown, on 17 October 2002. Since then, Charity Bank has continued to be owned by and committed to supporting the social sector, making more than 1,100 loans totalling over £400m to housing, education, social care, community, and other social purpose organisations. During the evening, Charity Bank unveiled a new brand video “Where You…

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Big Issue Group launches campaign demanding long-term solutions to protect future generations and break the cycle of poverty 

Stuart Mitchell

The Big Issue Group (BIG) has launched the Big Futures campaign, which is calling on the Government to break the cycle of poverty and create long-term solutions for future generations. The campaign comes as part of the Big Issue Group’s wider strategy to deliver greater impact, which was laid out in the Group’s recent Impact Report earlier this year. The Big Issue Group supports the crucial emergency measures being called for to ease the current cost-of-living crisis. However, Big Futures wants new decision-makers to go further and put in place…

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Grosvenor Property UK Launches Social Impact Strategy

Stuart Mitchell

Expanding its sustainability ambitions, Grosvenor Property UK has launched its social impact strategy. Grounded in extensive research into societal as well as local needs in the communities GPUK plays a part in, People Positive advances how the business focusses and maximises its positive impact through its core activities. People Positive concentrates on three strategic priorities: Improving wellbeing in the places GPUK’s makes and manages Helping local economies thrive by championing inclusive growth and diversity Maximising the positive impact of our people and partners This strategy and its focus areas were informed…

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Orchard Street announces first close of £400 million Impact Fund focused on decarbonisation, community investment and wellness

Stuart Mitchell

Orchard Street Investment Management LLP, the UK focussed commercial property investment manager, announces the launch and first close of its inaugural Impact Fund, Orchard Street Social and Environmental Impact Partnership (‘SEIP’ or ‘The Fund’). Just under £90 million has been committed at first close, with Brunel Pension Partnership, one of the UK’s Local Government Pension Scheme pools, acting as the Fund’s cornerstone investor on behalf of eight of its ten underlying local authority partner funds. This capital also includes co-investment committed by Orchard Street’s partners and members of Orchard Street’s…

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ArcelorMittal breaks ground on first transformational low-carbon emissions steelmaking project

Stuart Mitchell

Transition to DRI-EAF steelmaking set to reduce carbon emissions at ArcelorMittal Dofasco in Canada by 3 million tonnes and remove coal from the Company’s North American flat steel franchise ArcelorMittal (the ‘Company’), in the presence of the governments of Canada and Ontario, has today broken ground on its CAD$1.8 billion investment decarbonisation project at the ArcelorMittal Dofasco plant in Hamilton, Ontario, Canada. The project, a partnership between ArcelorMittal and the governments of Canada and Ontario, which was first announced in July last year, will play an important role in ensuring…

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