By Kate McPhersonPublished November 21, 2017 09:57:30Barclays Capital has invested in companies that have a strong social and community impact, a new report reveals.
In a report published on Friday, Barclays said it would invest in companies and individuals with a “commitment to social, environmental, and economic sustainability” in the next year.
Barclay Capital is investing in companies with a social and environmental focus, which means it will also invest in organisations that have strong community engagement.
The report, titled ‘Investing for Your Success’ (ABSTRACT), says that Barclays has invested more than £1.2 billion in companies to date.
Its investments in social enterprise, technology and innovation companies have helped it “build a new model for global growth,” it said.
In the UK, Barclays Capital is also the largest institutional investor in tech and innovation in the country, with an investment of more than $7.4 billion.
Barcas Capital also recently announced a new social enterprise investment, ‘Barclassy’ in which it is also investing more than a million pounds.
The investment aims to “build the social enterprise community to become a leading provider of digital and social solutions for the UK”, according to Barclays.
Barcelona Capital has a commitment to social and economic justice, as part of its commitment to sustainability.
The bank said the investment would be “a new model of social enterprise growth”.