Mobilising institutional capital to help build back better

The Good Economy, Impact Investing Institute and Pensions for Purpose have joined forces to produce a white paper on place-based impact investing (PBII) that can mobilise institutional capital to help build back better and level up the UK. Based on extensive consultations with market actors and stakeholders, this white paper offers a clear set of directions, models and practical guidance for investors to engage in PBII and report their impact across sectors and geographies. The Local Government Pension Scheme (LGPS), the empirical focus of this project, could itself become a pioneer of PBII in the UK, showing the way forward for the multi-trillion pound pensions industry.

This research project has been supported by the Department for Digital, Culture, Media & Sport, the City of London Corporation and Big Society Capital. Our approach to the project has been collaborative and consultative throughout, with LGPS funds, local authorities, fund managers and other stakeholders contributing advice, guidance and practical support throughout the project work.