Big Society Capital Impact Report

Impact Report 2023 | Schroder BSC Social Impact Trust plc

Schroder BSC Social Impact Trust plc | Impact Report 2023

Diversity of Fund Managers’ Boards

Progress update on EDI action plan

Board Disabled/Long-term health

1-25% 26-50% 51-75% 76=100% Prefer not to say 1-25% 26-50% 51-75% 76=100% Prefer not to say 1-25% 26-50% 51-75% 76=100% Prefer not to say 1-25% 26-50% 51-75% 76=100% Prefer not to say

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Priority areas

Goals and progress to date

0

People and culture: Embedding Equality, Diversity and Inclusion into our culture, policies and practices. We want to ensure we live our values, demonstrating this through our behaviours and how we respect and value each other and the partners and organisations we work with

2022: – Signatory to the Diversity Forum manifesto 27 – Targeting reductions in gender and ethnicity pay gaps. – Ongoing engagement with market leading EDI programmes. – Rolled out Reverse Mentoring programme and preparing Female Development Programme. – Launched Asking for a Friend sessions 2022: – Collected diversity and gender pay gap data from fund managers and published results in Dec 2022. – Developing EDI assessment framework for due diligence – Contributed to Equality Impact Investing Taskforce, Diversity Forum and DiversityVC 2022: – Hosted Addressing Imbalance programme – Launched Investment Committees of the Future – Developing user voice training

1

3

Female

1

4

1

0 0

Non-white

3

Investment and portfolio: There is no such thing as an equality “neutral” investor or investment. In our investment strategy we want to embed equality, diversity, and inclusion considerations intentionally, reflecting these in how we articulate our impact approach where it is meaningful wherever possible. Engagement and market building: We will work with partners to build our shared capacity and understanding on how to improve equality, diversity, and inclusion in the wider sector. Focusing on breaking down barriers, we will develop shared tools and resources with users at the heart of design to support this and collaborate share and amplify the best practice of others.

2

0 0

1

Under 45

2

1

0

2

1

4

5

0

3

2

27 The Diversity Forum Manifesto includes seven clear commitments to building more inclusive organisations and systems. Signatories must set specific goals aligned these commitments, report on these annually, and work collaboratively with Forum peers. https://www.diversityforum.org.uk/manifesto

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