Episode #42 - Put your money where your mouth is


 

The Better Business Show, in association with Triodos

 
 
 

Show notes

To Mark Good Money Week, Triodos has carried out a new survey into ethical and social investment. And the good news is that more than 60% of UK investors would like their money to make a positive contribution to society and the environment.

However, according to the survey, many people struggle to find options for socially responsible investments (SRI).

  • 62% say they would like their money to support companies which are both profitable and make a positive contribution to society and the environment.
  • More than half (58%) think that people should invest their money where it can support companies that make a positive contribution to the planet and society.
  • 47% believe that companies trying to make a positive contribution to society and the environment are likely to succeed in the long term.

But here’s the rub. 51% have never been offered the option of investing in SRI funds.

The SRI retail market is now worth over £15 billion in the UK – up from £12.2 billion three years ago; the demand for more responsible and impactful investments is clearly there.

But most investors have not been offered sustainable and ethical investment opportunities, and 46% would not know where to go to find out more about them.

The survey findings also challenge a perception that ethical funds are less profitable than mainstream investments, as survey respondents see investing in sustainable and ethical funds as ‘smart investment’ and nearly half (47%) believe that companies trying to make a positive contribution to society and the environment are more likely to succeed in the long term.

Indeed, over the last three and five years, the FTSE All World (which excludes fossil fuel companies) has outperformed the FTSE All World index. And this year, the MSCI SRI index has outperformed the MSCI World index (YTD).

It's a point we made during Episode #7 of the Better Business Show when we spoke to Ian Monroe at Etho Capital. And it's clearly a trend that shows not sign of slowing down.

The purpose of Good Money Week (which kicked off yesterday and runs until 5 November) is to raise awareness of sustainable, responsible and ethical finance – and to point people in the right direction.

This week, I caught up with Simon Howard – the chief executive of the UK Sustainable Investment and Finance Association (UKSIF), the organisation behind Good Money Week – to find out more.

Enjoy the show.

You can find out more about Good Money Week here: www.goodmoneyweek.com. And the website for UKSIF is here.

 


 
 

As part of Good Money Week, Triodos is really demonstrating the positive impact of socially responsible investing. There are plenty of options for you to put your money where your mouth is. If you like the idea of your cash playing a truly positive role in society and in supporting environmental change, then take a look at the Triodos offering – go to the website triodos.co.uk/goodinvestments for more information.


Episode #41 - The East London start-up space with a difference


 

The Better Business Show, in association with Triodos

 
 
 

Show notes

If you’ve been to the East End of London lately, you’ll know what has become of the place.

Many blocks east of Old Street station have been utterly transformed over the last 15 years – much like places like Brooklyn, in New York - with a new, gentrified community of hipsters, marketing agencies, tech start-ups and entrepreneurs having moved in, renting out converted houses, warehouses and old office blocks. It has become a really buzzing place, and whenever I’m in the area for meetings, I love just wandering around and soaking up the unique atmosphere of this little pocket of London.

Auro Foxcroft, owner of Village Underground, sitting in one of the venue's train carriage start-up spaces.

Auro Foxcroft, owner of Village Underground, sitting in one of the venue's train carriage start-up spaces.

Well, if you wander along Great Eastern Street, you'll get an even more unique experience. For on top of the row of buildings, almost jutting out into the street, are a series of graffiti-ed tube carriages and a bunch of shipping containers.

And this is the home of Village Underground, a cultural and creative hub in the heart of East London. Part creative community, part arts venue, Village Underground is housed in a renovated turn-of-the-century warehouse primed for everything from concerts and club nights to exhibitions, theatre, live art and other performances. And it’s also a place where start-ups can rent space to work from.

But there’s more to it than that – from the way it was developed, to the way it is run. This week, the owner of the venue, Auro Foxcroft, gives us the inside story.

Check out the VU website for more details.

Oh, and the Better World Podcast Collective I mention in this week's show is here.