Focusing on community benefit

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Country: 
UK

Sustainable Charlbury aim to ensure that the whole community benefits from their project, rather than just those individuals who are able to buy shares. They do this by encouraging groups such as the Charlbury School Association to pool their smaller individual sums to buy shares collectively. In addition, they focused the returns on benefiting the community by limiting the financial returns to shareholders to no more than 5%, which would enable them to generate a community benefit  of up to £100,000 a year. The community will be consulted on how this money should be used, and they are committed to spending the money to further Sustainable Charlbury’s mission of reducing carbon emissions.