Impact Investing

As champions of better business, investing for positive impact has been close to our hearts for over two decades.

If you’re investing for positive social and/or environmental impact - whether in the UK or in the Global South - or if you’re a civil society organisation or mission-driven business raising finance, we can help.

We have a deep understanding of the issues faced by those seeking to make – or raise – investments which not only provide a sustainable financial return, but create positive value for society and/or the environment as well.

Most impact investing transactions call for a tailor-made approach, to honour the integrity and purpose of the organisation receiving investment. Our advice centres around this.

We don’t just advise on the law in this field, we shape policy and the most significant developments around it. We made the argument for the creation of the statutory social investment power for charities, created the Community Interest Company, worked with Government on the design of social investment tax relief (SITR), and structured key institutions such as Big Society Capital, Social Finance and Charity Bank.

As a B Corp, we’re also motivated by our values-driven commitment to positive impact. Impact investing has a key role to play in delivering on the UN Sustainable Development goals. We’re here to help organisations like yours to work towards eliminating poverty, improving health and education, reducing inequality, and building a sustainable, more prosperous future. 

You might be an impact investor looking to achieve real social change. Maybe you’re an ambitious business or start-up looking to embed purpose in your business, or a charity seeking innovative ways of raising investment to further your charitable purposes.

How we help
  • If you’re an investor, an intermediary or a civil society organisation looking for advice on your investment activities – whether in the UK or in the Global South – we can give practical, bespoke advice.
  • We can support you in structuring and documenting the whole spectrum of social finance and impact investing transactions and activities. This includes investments in the form of equity, quasi-equity (including revenue participation and royalties), loans (secured and unsecured, senior or subordinated), investment funds, crowdfunding and others.  We can also assist with navigation through the complex legal and regulatory issues that often arise, including related constitutional and governance issues.
  • We can support you in navigating through the legal and regulatory issues that may arise from your investment, including charity law and charity tax issues, FCA regulatory considerations and related constitutional and governance issues.
  • Our team also has significant experience in advising impact investment funds, development finance institutions, foundations and other development organisations on complex cross-border impact transactions (both equity and debt) throughout the Global South.
Explore

Purpose & Impact: your roundup

Welcome to your roundup – a monthly selection of news hand-picked to keep you up to date with what’s going …
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Event | Shaping a sustainable business: ESG lessons from B Corp leaders | 27 March 2025

B Corp Month is the perfect time to explore how businesses can strengthen their ESG impact.  Join us on the …
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New company guide empowers UK company directors to embed sustainability information in financial reporting

Bates Wells has contributed to a new guide, issued by the True & Fair Project, to support UK company directors …
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What’s next for UK environmental protection?

On 24 January, the Climate and Nature (CAN) Bill was ‘adjourned’ to 11 July after politicians were denied the opportunity …
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“Yes we CAN”: The new Climate and Nature Bill

The Climate and Nature Bill has its second reading in Parliament on 24 January and we’re one of hundreds of …
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