Espresso Martinis and Impact
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Corporate Engagement, Finance, Good Business

UK Social Stock Exchange Expansion


Wednesday, 24th September 2014 at 10:21 am
Lina Caneva
The UK’s Social Stock Exchange has announced plans to become a fully-fledged venue for impact businesses to directly raise funds.

Wednesday, 24th September 2014
at 10:21 am
Lina Caneva


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
UK Social Stock Exchange Expansion
Wednesday, 24th September 2014 at 10:21 am

The UK’s Social Stock Exchange has announced plans to become a fully-fledged venue for impact businesses to directly raise funds.

The Social Stock Exchange said it would launch the only venture of its kind to both unlock access to capital for impact businesses regardless of their size and also offer a secondary market for these investments.

It described the venture as “a pioneering funding platform for impact businesses” – those that have the potential to deliver a measurable social or environmental benefit alongside a traditional financial return.

“Investing for impact is increasingly seen as the way to make financial markets serve the needs of the public, rather than prey upon them. However until now retail investors have been reluctant to get involved as there has been no secondary market in many of these  investments, making these investments unsuitable for many,” Tomas Carruthers, Chief Executive of the Social Stock Exchange said.

“The ability to readily buy and sell these holdings ensures investing for impact is no longer just the preserve of the wealthy.”

The Social Stock Exchange flagged its intention to accommodate many different sizes of enterprise and to meet the legitimate demands of investors for regular liquidity events and trading.

It said the principal focus would be on how to make financial markets serve the needs of the public, whilst potentially achieving returns in a socially responsible way. 

Launched in 2013 by the UK Government the Social Stock Exchange is designed to connect publicly listed social impact businesses with investors seeking to generate positive impact alongside a financial return.

Its aim is to bridge the information gap between values-based investors and growth businesses that are delivering positive social and environmental impact through their core activities.

By doing this the SSE provides investors with the knowledge they need to identify and compare those organisations that deliver demonstrable value to society and the environment. This will allow the social investment market to grow to scale, leading to the creation of more impact.

The move follows the recent publication of the G8 Social Impact Investment Taskforce report, which recommended a number of initiatives to develop the market for impact investing.


Lina Caneva  |  Editor  |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years. She was the editor of Pro Bono Australia News from when it was founded in 2000 until 2018.


Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Democratising impact investing

Daniel Madhavan

Monday, 8th April 2019 at 1:27 pm

Uncertainty reigns as UK disability minister is nowhere to be seen

Luke Michael

Friday, 29th March 2019 at 3:49 pm

giveOUTday comes to Australia

Wendy Williams

Monday, 25th March 2019 at 4:51 pm

POPULAR

‘They don't see eye-to-eye’: Leadership turmoil engulfs the ACNC

Luke Michael

Tuesday, 16th April 2019 at 8:24 am

Disability groups call for conflicting commissioners to step down

Maggie Coggan

Monday, 8th April 2019 at 4:47 pm

NFPs struggling to measure their impact

Luke Michael

Thursday, 11th April 2019 at 4:33 pm

Is fashion ethical yet? Report reveals the best and worst of Australian clothing

Maggie Coggan

Wednesday, 10th April 2019 at 8:11 am

Salary Survey 2019
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!