PLY: After the post Easter excitement, just one story today but it combines the opposite ends of the QANTAS network with input from the excellent offices of Emma Tomkinson.
Nevertheless, around our neck of the woods we would prefer a bit more action and a little less conversation as that fine Analyst of the human condition Mr Elvis Presley once remarked… (or welcome a grant to help alleviate my paying for the daily read on the topic of course!).
Implications Of UK Report On Social Investment
Pro Bono Australia
A landmark report by the Alternative Commission on Social Investment, launched in London has wide ranging implications for the Australian social investment market, according to social impact investor and analyst, Emma Tomkinson (as reported here).
After the Gold Rush, the final report of the Alternative Commission on Social Investment, contains 50 recommendations for improving the social investment market.
Australian analyst Emma Tomkinson said the Commission report is a response to growing recognition in the UK that the social investment market is not meeting the needs of the organisations and individuals it seeks to serve.
“It was established to take stock, investigate what’s wrong with the UK social investment market and to make some practical suggestions for how the market can be made relevant and useful to a wider range of charities, social enterprises and citizens working to bring about positive social change.”
The commission was funded with a grant from the Esmée Fairbairn Foundation and was led by David Floyd, managing director of social enterprise Social Spider. It was established to assess whether the social investment market in the UK was meeting the access to finance needs of social sector organisations.
Commission Secretariat and MD of Social Spider CIC, David Floyd said: “We often hear from Ministers, champions of social investment and the G8 that the UK is a world leader in social investment. Yet for charities and social entrepreneurs here in the UK, it doesn’t feel like that.
“The Alternative Commission on Social Investment was set up to ask why and to make some practical suggestions as to how things could be improved.”
The report recommends that Social investment in the UK should produce less social investment hype that might inflate expectations, deliver more transparency from lenders and more focus on the needs of charities and social enterprises if it is going to succeed.