REG - Schroder BSC Social - Publication of Annual Impact Report

Schroder BSC Social Impact TrustAnnouncement

09/07/2024 07:00

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RNS Number : 5733V  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/
(https://publications.schroders.com/view/683128370/)

 

The full report can be downloaded at:

 

https://publications.schroders.com/view/683320694/
(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)                        020 7658 1961

 Natalia de Sousa/Sunny Chou                   020 7658 6000

 (Schroder Investment Management Limited,

 Company Secretary)

 Better Society Capital
 Ian Young, PR & Media Relations Officer,      iyoung@bettersocietycapital.com

 Better Society Capital

 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
(https://protect-eu.mimecast.com/s/KiDaC3QwvHLPPRfqceyJ?domain=schroders.com)
 

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 (http://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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