I travelled to London this week to take part in the launch of Worthstone – an organisation established to promote investing for social impact. The event took place in the House of St. Barnabas. The House of St. Barnabas is fascinating and operates a not-for-profit private member’s club in Soho which funds the Employment Academy which aims to get the homeless into full time employment. The building has an amazing chapel in which the Worthstone launch took place. We have clients who are interested in how to give more. Often this is done by charitable donation but increasingly we are seeing an appetite to give money for a social need in return for a tax break and the return of capital in a few years’ time. There might not necessarily be any growth and there is risk attached but there is certainly a lot of potential to use one’s money for good. This is a relatively new field and Worthstone are at the cutting edge and we are delighted to be involved in the journey. If you are interested in investing for social impact or ethical / sustainable investing please do get in touch.
By David Gibson