The third sector has a ‘public good’ role in society, one that is informed by values and practices that are clearly distinct from the mainstream economy. For this fundamental reason, the sector needs a financial investment infrastructure suited to its culture, purposes and working landscape. Recent UK initiatives for social investment continue to generate concerns as to the values that underpin them, in particular, because of their tendency to focus on private investor returns rather than the fuller social, environmental and economic benefits of an organisation’s work and the health of the wider third sector and society as a whole.
Therefore the stated mission of the Scottish Community Re:Investment Trust is:
to establish a financial intermediary owned and controlled by the Scottish third sector that seeks to harness our sector’s collective assets and expertise and to provide a family of financial services and products relevant to our sector’s needs.