Renewable energy investment company, Thrive Renewables plc, has formed a strategic joint venture with the UK’s leading social impact investor, Better Society Capital, to mobilise £40 million for community-owned wind and solar projects across the UK. The new initiative, Community Energy Catalyst, will support local communities to build their own clean energy infrastructure or secure stakes in larger regional renewable energy schemes. Fair Play Clean Energy, Thrive’s existing joint venture with Top Cashback Sustainability Ltd, will provide £20 million of the investment, with Better Society Capital providing matched funding. Community…
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Investors put £10 billion into a better society as Treasury considers budget cuts
The UK’s social impact investment market continued to demonstrate stability despite economic uncertainties, growing to £10 billion at the end of 2023, according to the annual assessment by the UK’s leading social impact investor, Better Society Capital (BSC). This represents a 7% increase from £9.4 billion in 2022 and shows stable investor support for initiatives focused on tackling social issues such as reducing child poverty, combatting homelessness and preventing long term health conditions, even in challenging macro and micro economic conditions. This increase comes in the same month as the…
Read MoreInvestors put £10 billion into a better society as Treasury considers budget cuts
The UK’s social impact investment market continued to demonstrate stability despite economic uncertainties, growing to £10 billion at the end of 2023, according to the annual assessment by the UK’s leading social impact investor, Better Society Capital (BSC). This represents a 7% increase from £9.4 billion in 2022 and shows stable investor support for initiatives focused on tackling social issues such as reducing child poverty, combatting homelessness and preventing long term health conditions, even in challenging macro and micro economic conditions. This increase comes in the same month as the…
Read MoreInvestors put £10 billion into a better society as Treasury considers budget cuts
The impact market has grown 12x over the last 12 years, driven by an increasingly diverse group of investors Better Society Capital’s investments represent 5% of the market – with a typical investment bringing £3 of co-investment in for every £1 invested originally Ahead of the Budget at the end of the month, Better Society Capital is calling for active partnership from government to unlock more social impact investment in communities across UK The UK’s social impact investment market continued to demonstrate stability despite economic uncertainties, growing to £10 billion…
Read MoreNew research shows how outcomes contracts can save the NHS
New research released recently shows the unrivalled value that outcomes-based commissioning has in keeping UK citizens healthy and reducing strain on the National Health Service (NHS). The independent report, produced by ATQ Consultants for Better Society Capital, demonstrates that social outcomes contracts – a method of public service delivery which enables prevention – have created nearly £9 of public value for every £1 spent – saving the taxpayer £507 million in fiscal value alone. At a time where NHS resources are stretched and funding is stagnating, the UK’s leading social…
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