Bridges’ co-CEO Michele Giddens has long played an active role in driving a more supportive policy environment for sustainable and impact investing, previously as head of the UK National Advisory Board on Impact Investing and now as a member of the Advisory Council of its successor organisation, the Impact Investing Institute. She has been involved in policy discussions at all levels of Government – up to and including the Prime Minister’s office – while also speaking widely on the imperative and the opportunity to build a more inclusive and sustainable economy. In the last year, her speaking engagements have ranged from the Chatham House Conference in June, to the BVCA Summit in October, to the Impact Investing Summit for Asia-Pacific. She has been supported in this market development work by Bridges partner Maggie Loo, who sits on the BVCA’s Responsible Investing Committee – which works to promote this area within private equity and venture capital broadly, including working with policymakers.
Bridges has also played a key role in building the market for social outcomes contracts, a form of payment-by results commissioning for the public sector. Bridges has supported more of these contracts than anyone else in the world - working in partnership with 64 central and local Government commissioners - and has been actively working with legislators and policy-makers to promote the benefits of this approach. We are about to publish a policy paper provisionally entitled ‘More Flexible, More Collaborative, More Accountable’, which picks out ten key lessons from our projects that we believe could have broad applicability across public service contracting.