The democratisation of capital is the key to creating a positive impact through social investing, according to Nigel Kershaw OBE, chair of The Big Issue Group.
Giving a keynote speech yesterday (14 June) at the Sustainable Investment Festival, Kershaw shared how his solution for addressing homelessness bucked traditional intervention approaches. "Everybody thought the solution was charity and a never-ending cycle of philanthropy," he said. "I am not against philanthropy, but it is centred around alleviation, and that was not providing the solution. We had to talk about prevention." Kershaw believes this preventative thinking is vital to design solutions capable of addressing the most pressing social issues. "We want solutions that solve...
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