By: 29 February 2024
Wrigleys’ impact investment team achieves record-breaking year

The impact investment team at Wrigleys Solicitors has advised on investments worth more than £429 million cumulatively in 2023. The firm continues to support financial institutions, impact investors, and charitable foundations seeking to invest their money in a way which delivers positive change.

Having supported 26 investments with an average value of more than £16.5 million, Wrigleys surpassed the number and value of transactions it advised on in 2022.

The firm’s impact investment team acts for several social impact investors, the impact investment arms of a number of charitable foundations, community development finance institutions (CDFIs), enterprise funds and credit unions. Throughout 2023, experts advised on matters involving debt, equity, revenue participation, grants and blended finance.

Speaking of the team’s success, partner at Wrigleys, Peter Parker, said: “The demand we continue to see demonstrates the growing appetite for investors to use their funds for good –  supporting communities and those causes that really matter and generating positive, measurable social and environmental impact alongside a financial return in the process.

“ESG is no longer just a buzzword; it sits at the heart of economic and societal prosperity, and the success we saw in 2023 is a testament to that. We’re already well underway with an active start to the year, which promises to continue healthily as investors pledge their commitment to making an impact in society.”

Wrigleys is a corporate member of the Global Alliance of Impact Lawyers (GAIL), a community of legal leaders who use the practice of law to positively impact people and the planet and accelerate the journey to a green and inclusive economy. The firm is also listed as a recognised advisor by Good Finance, a collaborative project to help improve access to information on social investment for charities and social enterprises.

Peter concluded: “Whether it’s a grant towards a research project, investment in community share or bond offers, or providing seed funding to an environmental start-up, impact investing allows people and institutions to put their money to good use – and in today’s society, that’s never been more important.”


Image: Peter Parker, Wrigleys Solicitors
Emma Cockings
Emma is the content editor for Yorkshire Legal News.