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Gareth Davies MP: Increase social investment by putting profit and purpose together

Times Red Box

Gareth Davies MP writes for Times Red Box about how to scale social investment in the UK, following his paper for Onward on the same subject. He writes:

“Put simply, in order to truly mobilise private investment, the [social investment] sector needs to be defined as much by its potential to generate returns as its social outcomes. Until now, the focus within the sector has been too skewed towards a potential investment’s social mission, rather than profitability.

This has precluded the biggest institutional and mainstream investors that require a certain level of return from participating, no matter how worthwhile the social outcomes achieved.”

Read the full piece here.

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