- Social investor reports supporting 138 social enterprises in past year
- In turn, investees supported over 2 million people across the UK
- 92% of investments contribute to core solutions to poverty
Today (Wednesday, 2nd November) Big Issue Invest (BII) has launched its 2021-2022 Impact Report.
The report revealed that the social investment arm of The Big Issue supported 138 social enterprises across the UK and had £37.5 million Assets Under Management (AUM) as of March 2022*.
The report detailed how, in turn, those 138 social enterprises were able to support over 2 million customers across the UK in the same period. 92% of investments made by BII contribute to core solutions to poverty.
Investees supported by BII have an average turnover of £5.59m and employ on average 72 employees.
The organisation also reported that, of BII’s total investment portfolio, almost 60% of investees are based in the areas of highest deprivation, according to the UK Index of Multiple Deprivation.
23% of BII’s total portfolio is invested into organisations directly tackling inequality in the UK in order to improve health, education and job outcomes in deprived areas.