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LONDON - Schroder BSC Social Impact Trust plc (SBSI) has reached more than 422,000 people through its social impact investments since inception, with 98% of those being underserved or disadvantaged populations, according to its fourth annual Impact Report released Thursday.
The investment trust, which focuses on addressing UK social challenges, reported providing education, training and employment support to over 30,000 people and generating more than £230 million in savings and income for the government.
The report details the trust’s work across key impact areas including specialist accommodation for people with learning disabilities, family therapy services, community energy projects, and homelessness initiatives.
"The UK faces significant social challenges that cannot be addressed by government funding alone," said Hermina Popa, SBSI Portfolio Manager and Managing Director at Better Society Capital. "The Social Impact Trust investors are providing vital capital to enterprises aiming to reduce poverty and homelessness and helping to prevent long-term health conditions for those most at risk."
This marks the first Impact Report since SBSI adopted the Financial Conduct Authority’s Sustainability Impact label. Susannah Nicklin, Chair of Schroder BSC Social Impact Trust plc, noted that the trust "is designed to deliver both financial returns and measurable, meaningful social change across the UK."
The report includes several case studies demonstrating the impact of the trust’s investments on frontline organizations and the communities they serve, according to the company’s press release statement.
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