Over-ambitious return expectations? Inspiration for the rest of the world? Too London-focused? As the UK’s social investment wholesaler marks its tenth anniversary, we canvassed a range of views on its successes and failures so far.
Impact investing and COP26: GSG’s Cliff Prior warns of “substantial disruption”, while Impact Investing Institute’s Sarah Gordon says “siloing” social and environmental is still a big issue. Plus, an update from the G7 Impact Taskforce.
Impact investments globally are this year predicted to reach $1tn, delegates heard today at the annual GSG Global Impact Summit – just one of the big, set piece events in the impact calendar to be held virtually this year.
The CEO of Big Society Capital, Cliff Prior, is to move on from the UK’s impact investment giant after four years at the helm. Prior will be taking up an international remit to lead the Global Steering Group for Impact Investment.
Social investors are still too focused on internal battles – distracting them from the huge potential impact they could have by partnering up. Big Society Capital's CEO makes the case for the (sometimes) more difficult path of collaboration.