Co-operative and Community Benefit Societies (Environmentally Sustainable Investment) Bill

Part of the debate – in the House of Commons at 12:22 pm on 11th September 2020.

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Photo of Gareth Davies Gareth Davies Conservative, Grantham and Stamford 12:22 pm, 11th September 2020

I take issue with one point made by my hon. Friend. In my view, impact investment is in addition to financial return. It goes further than financial return and achieves something additional, whether environmental or social. Therefore, it can be beneficial to investors, which is why such investments are growing in the billions in our country. I just caution my hon. Friend on his description of the riskiness of impact investing, because more often than not they are not more risky; they are just different to receiving only a financial return.