Publication of Annual Impact Report

Schroder BSC Social Impact Trust

09 July 2024

 

Schroder BSC Social Impact Trust plc

Publication of Annual Impact Report

The Board of Schroder BSC Social Impact Trust plc (the "Company" or "SBSI"), which provides a unique investment opportunity to address UK social challenges, today announces the publication of the Company's third annual Impact Report.

The report demonstrates that the portfolio has:

·    Positively impacted 400,000 people since inception;

·    Provided decent, affordable homes for 35,000 disadvantaged, vulnerable and lower-income people; and

·    Delivered £217 million in benefits for the public, through savings to government and households.

The report includes a variety of case studies of investments and their impact spanning nature conservation, the prevention of long-term health conditions and support for women negatively affected by the justice system.

A summary report is available at:

https://publications.schroders.com/view/683128370/

The full report can be downloaded at:  

https://publications.schroders.com/view/683320694/

Hermina Popa, SBSI Portfolio Manager and Managing Director at Better Society Capital, said:

"SBSI targets deep, scalable positive impact for disadvantaged and vulnerable people in the UK. This is how we achieve strong financial performance, and good, transparent impact measurement is fundamental to us. This third Impact Report outlines the difference SBSI's portfolio is making across some of the biggest challenges faced in the UK."

Susannah Nicklin, Chair of Schroder BSC Social Impact Trust plc, also said:

"The trust exists to provide sustainable returns and build portfolio resilience for investors, through the vital financing of UK organisations dedicated to addressing serious social problems. This report measures the impact of the trust's activities, providing what we hope is useful transparency for investors. SBSI offers a dual benefit of profit and purpose and offers access to high impact investments across the length and breadth of the UK. The Board is keen for new investors to see the difference that the trust's capital and support can make at the heart of our communities, and we welcome engagement with anyone interested to learn more."

For further information, please contact: 

Schroders
Kirsty Preston (press) Natalia de Sousa/Sunny Chou (Schroder Investment Management Limited, Company Secretary)	020 7658 1961  020 7658 6000
Better Society Capital
Ian Young, PR & Media Relations Officer, Better Society Capital	[e-mail]
Winterflood Securities Limited
Neil Langford	020 3100 0000

About Schroder BSC Social Impact Trust plc 

The Company was launched in December 2020, with the objective to enable access to high social impact investment opportunities in private markets and to tackle social challenges across the UK. The Company aims to build a diversified portfolio across asset classes, targeting sustainable returns, demonstrable social impact, and low correlation to traditional public markets.

Further information about the Company can be found on its website at www.schroders.com/SBSI 

About Better Society Capital

Better Society Capital is the UK's leading social impact investor. Our mission is to grow the amount of money invested in tackling social issues and inequalities in the UK. We do this by investing our own capital and helping others invest for impact too.

Since 2012, we have helped build a market that has directed over £9 billion into social purpose organisations tackling issues from homelessness and mental health, to childhood obesity and fuel poverty, a more than ten-fold increase.

As of April 2024 Better Society Capital changed its name, having previously been known as Big Society Capital. The Company name remains the Schroder BSC Social Impact Trust and there is no change to the share register, portfolio or investment thesis.

Further information about Better Society Capital can be found at www.bettersocietycapital.com

About Schroders plc 

Schroders is a global investment management firm with £760.4 billion assets under management, as at 31 March 2024. Schroders continues to deliver strong financial results in ever challenging market conditions, with a market capitalisation of circa £7 billion and over 6,100 employees across 38 locations. Established in 1804, the founding family remains a core shareholder, holding approximately 44% of Schroders' shares.

Schroders has benefited from a diverse business model by geography, asset class and client type. It offers innovative products and solutions across four core growing business areas: asset management, solutions, Schroders Capital (private markets) and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, high net worth individuals and foundations. Schroders also manages assets for end clients as part of its relationships with distributors, financial advisers and online platforms.

Schroders aims to provide excellent investment performance to clients through active management. It also channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders' business philosophy is based on the belief that if we deliver for clients, we will deliver for our shareholders and other stakeholders.

 

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