Ethex, a not-for-profit investment platform, has invested more than £115m to push for social and environmental transformation over the last decade. The platform has sent this amount to ethical businesses across the UK, raised from around 25,000 everyday investors who contribute as little as £100. Ethex investors aim for a return of up to 6.5%, while also making a difference to planet-friendly projects.
CEO and founder of Ethex, Lisa Ashford, states that the company’s 10-year celebrations serve to encourage thousands of like-minded individuals to join them in creating an even bigger decade of impact. Ashford has launched a rallying cry to make direct impact investing accessible to everyone, no matter what their income.
The platform’s investors have backed five organisations that are working towards significant change. Solar for Schools is one such organisation, having added installations to 258 schools across the UK to teach the basics of energy and carbon to more than 115,000 students. Meanwhile, the Library of Things encourages people to borrow various items such as thermal imaging cameras to detect heat loss from their homes.
The funds raised on Ethex enabled snack company Scrapples to save over 260 tonnes of apples from going to waste that then became healthy crisps made from rescued apples. Common Ground Against Homelessness, which is based in Edinburgh, has already converted a former Victorian townhouse into a lifelong home for nine former street homeless men with the raised funds, and aims to launch its second raise this year
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