Investing to improve lives

2022 was a year with significant macroeconomic uncertainty, as well as the ongoing aftermath of the Covid-19 pandemic. These external conditions have exacerbated many of the social issues we seek to tackle and have resulted in increased demand on many of the organisations, including social enterprises and charities, that we support through our capital.

We want to build a housing investment ecosystem that increases the supply of social and affordable housing, so that there are more safe, secure and affordable homes for the people that need them

We aim to supply much-needed capital to impact-led social enterprises and charities, both to enable them to build resilience in the face of the current economic environment, and to access pathways to growth.

We are supporting the development of an ecosystem that nurtures and scales innovative ways of tackling social problems – through mission-driven enterprises that embed societal impact in their approaches. Tech-enabled business models can have a transformative impact on social issues, if they are deployed in the right context, with the right intent, and with a business model aligned to impact, particularly for subsets of social issues including health, mental health, education and financial inclusion.

Our objective in social outcomes is to build an ecosystem that supports the delivery of outcomes contracts at scale, in a broad range of policy areas supported with appropriate funding, delivery and management expertise. To achieve this we work with stakeholders across the market to convene and share learnings, while ensuring that there is enough socially motivated capital in the market to service these projects, including investing our own capital.