Fast Foreword: Our Impact 2018-19 Report

5 November 2019

As we launch our 2018-19 Impact Report, our CEO Nick Temple reflects on our impact journey to date, and what the future holds for SIB.

 

SIB has long had a unique role in the social investment landscape and infrastructure: as pioneering investor, support provider, wholesaler, partner and co-investor, and increasingly in sharing our knowledge and influence.

The launch of our 2018-2019 impact report marks our first attempt to measure and articulate the difference we are making as an organisation, and to collect information and data that can help us make better decisions in future. We want to be as open about our impact as possible – what we know (and what we don’t), what we have contributed to (without overclaiming), and how we are thinking about it: this is the start of our impact journey - we have a way to go to ensure that it is embedded in our work, and that it drives our decision-making about how we use our resources most effectively.

We also know that impact comes not just from what we do, but how we do it – so we are reporting openly on our pay, our diversity, our environmental impact, and our internal spend. We have much to improve and build on here as well, and hope to be reporting on progress next year and in years to come.

We hope the report provides not only a snapshot of SIB’s current work, but also a sense of both our track record and our future plans. This report provides an initial insight into the data from that track record: information which we hope to share more of in future.

We are ambitious about our future, and the impact we can have through our direct investments, our partnership programmes and our influencing work.

So, please have a read of our report via the link below - we would welcome any feedback or questions you might have. After all, as this report makes clear, we can only truly achieve our ambitions for impact working for - and with - the organisations we are set up to serve.

>> Our 2018-19 Impact Report is available to read here.>>

Nick Temple

Chief Executive Officer

Nick joined Social Investment Business (SIB) in January 2018. SIB helps charities and social enterprises get the money and support they need to improve people’s lives. Since 2002, SIB has provided over £400m worth of loans and grants to charities and social enterprises, and enabled 700 organisations to become more resilient through business support programmes.

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The Social Investment Business is the trading name for the Social Investment Business Foundation, Registered Company No. 05777484 (England), Registered Charity No. 1117185 (England & Wales), The Social Investment Business Limited, Registered in England No. 06490609, VAT No. 927456693, Futurebuilders-England Limited, Registered in England No. 05066676 and Forward Enterprise FM Ltd, Registered in England No.11238102. Registered Office: CAN Mezzanine, Borough, 7-14 Great Dover Street, London, SE1 4YR.

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