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JOIN US.. If you are interested in our work then there are two main ways to show your support. Organisations can take out free membership of SCRT. We now have a new Associate Membership category for organisations and individuals not eligible for Full Membership. All organisations and individuals working in the sector can, however, open an Anchor Deposit Account.

 
Welcome to SCRT's September 2015 Bulletin
 
Dear FNAME
SCRT's 'Social Finance: Social Investment: Social Banking-What makes them Social?' conference programme is now finalised.  We are delighted at the range of speakers who will be attending from Peter Quamby talking about Community Sector Banking in Australia to Eric Holterhues on Social Impact in the Nederlands and from Adrian Saches on social banking in Germany to Dan Gregory speaking about social investment in UK.  Our hope is delegates come away understanding social finance in a much deeper way. 

This month's bulletin features articles on understanding What is Social Investment: Community Shares on the Up: Social Enterprise in Scotland-Census Data 2015: SME charities are struggling amongst others.
 

Social Enterprise in Scotland Census 2015 data - Cause for optimism and concern

The recent  SE Census data shows real progress and optimism and is to be welcomed. SCRT's concern is the data showing a profitability ratio of 4.4% (excluding Housing Associations and Credit Unions). A sector that is only just covering its overheads does not suggest a sector able to provide the level of returns expected by social investors.  This has implications for the social investment landscape that is emerging and the extent to which it is appropriate for Scottish third sector organisations. This is the disparity that SCRT is trying to address...Read Report Here

Community Shares - On the Up

The Community Shares financing model is everywhere these days with articles on ITV; Reporting Scotland and the BBC on the back of the phenomenal success of the Portpatrick Harbour Community Share offer. This raise £89,500 since the 5th September. We really need to get our urban areas more engaged in this type of financing...Watch Community Shares animation

LLoyds Bank Foundation report finds 81% of Small & Medium sized charities struggling to Survive

The report also found that 50% of charities surveyed did not see public procurement as a solution with 49% finding the contract process 'difficult or impossible'.  These results highlight the mismatch between the apparent glut of social investment monies on the one hand and the lack of money for our smaller organisations on the other...Read Report Here
What's in a name - towards an understanding of social investment
 
In the last few years the third sector has very rapidly had to take onboard financial terminology and models that are very new and alien to the sector. Just one representation of this is the jargon around Impact Investment; Ethical Investment; Social Investment. What do they mean and do they all mean the same thing??...Read More
Report on Social Investment Market in UK
 
Despite a lot of talking up of the social investment market, up till now there has been very little evidence on what is actual happening in terms of the performance of the market.  This report draws upon 426 social investment deals and analyses the financial returns of the deals and what it means for the social investment market. Some see the report as evidence that charities and social enterprises are never going to give investors promised 7% returns with limited risk...Read More
'Mainstream banks and banking in disrepute'
 
It is always fascinating to see how people within the global financial system respond to the ongoing financial crisis that triggered austerity and financial collapse across the world. The Group of 30 economists, central bankers and regulators reviewed many financial companies across the world, in their July 15 report gave the banks an 'F' for their lack of ethical behaviour. SCRT has always argued that a values based third sector should bank with alternative banks such as the mutual Airdrie Savings Bank...Read Report Here
SCRT HAS MOVED.   
 
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