Social Stock Exchange Quarterly update

As 2016 draws to a close, it must surely have found its way into history as the year when populism won out over the establishment. From Jeremy Corbyn to votes for Brexit and Donald Trump, the electorate are now sufficiently mobilised to reject the status quo and demand a new way ahead – something that sits at the very heart of impact investing. This is no longer a niche investment genre, a shift which has been qualified both by the growth of our own membership and also by the steady stream of new managed impact funds that are coming to the market. Investors – like the broader population – are demanding an alternative.  Impact Investing offers an invaluable route ahead.

New Members

Over the last three months we’ve seen nine new members join the Social Stock Exchange, taking the total count to 48 firms:

3SC is a consortium that manages public sector contracts on behalf of third sector organisations.

First Carbon Solutions advances sustainable practices around the world and helps organizations responsibly grow and operate their businesses.

International Housing Solutions is a real estate investment manager focused on the development and management of green homes, affordable to the fast-growing low to middle income market in Africa.

Seastar Ocean has a new water treatment system that leverages nature’s water cycle to convert unsafe, undrinkable water as found in estuaries, swamps, stagnant pools, polluted rivers and even oceans into clean, safe drinking water for people.

Scarba Holdings is an investment company providing attractive intermediate term investment opportunities designed to address the needs of transition stage asset companies in the life sciences sector.

Stevia Life grows premium stevia leaf in East Africa utilizing only sustainable and no-till agriculture systems. With intense respect for the environment it strives for low land impact while creating jobs for our surrounding communities, improving quality of life and agriculture education.

SurePure is a world-leading developer of liquid photo-purification technology solutions.

Symbiotics is a leading investment boutique specialized in emerging, sustainable and inclusive finance.

Thrive Renewables provides an efficient and rewarding financial connection with sustainable energy, uniting shareholders and bondholders in direct investment in a cleaner, smarter energy system.

Award wins

The Social Stock Exchange has been on the receiving end of industry plaudits again this quarter. Investment Week’s sustainable investment awards judged the Social Stock Exchange as the best non-fund innovation in the sector this year. In addition, our Chief Executive Tomás Carruthers was recognised as part of Financial News’ Extra Mile list for 2016, highlighting those people working in the City of London who are going the extra mile to make society a better place.

Fund raising

We are currently undertaking a pan-European fund raising campaign to further the growth of the Social Stock Exchange right across the continent. We have already held a series of investor events in London, Ghent, Berlin and Amsterdam with further presentations planned for Liverpool and Edinburgh.  We were delighted to receive approval from the FSMA last week for the offer period to be extended to 31st January 2017 to enable us to carry on some important investor discussions. The response has been hugely positive with over £1m committed to date. More details can be found at https://www.mymicroinvest.com/en/financings/2426-social-stock-exchange

Events program

The autumn calendar kicked off with an impact investor club on September 21st looking at Investment Readiness where Cliff Prior, CEO of Big Society Capital provided a comprehensive keynote address. This was followed by an event at the London Stock Exchange on September 28th, highlighting Impact Investment opportunities for the adviser community. In early November we teamed up with Philanthropy Impact once again to discuss the rise in interest from family offices for Impact Investing, an evening that was kindly hosted by C. Hoare & Co in their historic offices on Fleet Street. The event was oversubscribed and the calibre of the audience was testament to the fact that impact is now such a recognised investment genre.

In total we have welcomed over 500 attendees to our presentations over the last three months.

We are now concentrating on our Investor Conference which will take place on the 1st February 2017, again at the Dutch Hall in the City of London.  We are delighted to announce that Nigel Wilson, CEO of Legal & General will be providing a keynote address and many more experts in the fields of business and sustainability including Blackrock, JP Morgan Private Bank and Generation Investment Management will be joining him.  Watch out for further announcements in early 2017.

Research Compendium – 2017

As part of our commitment to increasing the profile and raising awareness of the Social Stock Exchange and its members we have again partnered with All Street (www.allstreet.org) to prepare the Social Stock Exchange Annual Research Book for 2017, which will be the biggest yet.  We will launch the new compendium on the 1st February at our Investor Conference.

Finally, we will be introducing a new programme dedicated to supporting the specific development needs of private company members in the New Year – watch this space.

We wish you a very merry festive season and look forward to continuing our progress with you in 2017.

For more information please contact:

Tony Cross
Director of Communications
Social Stock Exchange
T: +44 7973 284 749
E: t.cross@socialstockexchange.com

Sara-Louise Porter
Membership & Events
Social Stock Exchange
T: +44 (0) 203 608 8841
E: s.porter@socialstockexchange.com

Tomás Carruthers
Chief Executive Officer
Social Stock Exchange
T: +44 (0) 203 608 8056
E: t.carruthers@socialstockexchange.com