Schroder BSC Social Impact Trust plc

(the "Company", the "Social Impact Trust")

Adoption of Sustainability Impact Label

The Company is pleased to confirm that it has today adopted the "Sustainability Impact" label and will continue to be considered an "impact fund" under the FCA's Sustainability Disclosure Requirements and investment labelling regime. The "Sustainability Impact" label identifies investment products that aim to achieve a pre-defined positive measurable impact in relation to an environmental and/or social outcome.

Susannah Nicklin, Chair of the Board said:

"On behalf of the Social Impact Trust Board, I am delighted to announce that today the Company is adopting the 'Sustainability Impact' label introduced as part of the FCA's Sustainability Disclosure Requirements. We believe that we are one of the first investment trusts to adopt this label since its introduction. By applying the label, we aim to demonstrate to investors both the rigour of our impact practice and our commitment to transparency."

 Portfolio Manager, Hermina Popa, Manager Director, Better Society Capital said:

"The Social Impact Trust remains deeply committed to making investments targeting the reduction of poverty and inequality. We are proud to have helped positively impact thousands of people while delivering over £200 million in benefits for the public through savings to government and households since inception. We look forward to continuing our work delivering measurable social impact for disadvantaged people across the UK."

Anna O'Donoghue, Global Head of Product Development, Schroders said:

"We firmly believe in the integrity and robustness of our wider sustainable and impact investment approach and are pleased that Schroder BSC Social Impact Trust PLC will be adopting the Sustainability Impact" label.  This development will add clarity for our clients, ensuring they understand the positive impact of their investments and help them meet their sustainable investment objectives."

About Schroder BSC Social Impact Trust plc 

The Company was launched in December 2020, to enable access to high social impact investment opportunities in private markets - tackling social challenges across the UK. The Company manages a diversified portfolio across asset classes, targeting sustainable returns, demonstrable social impact, and low correlation to traditional public markets. 

About Better Society Capital

Better Society Capital is the UK's leading social impact investor. Our mission is to grow the amount of money invested in tackling social issues and inequalities in the UK. We do this by investing our own capital and helping others invest for impact too.  

Since 2012, we have helped build a market that has directed more than £10 billion into social purpose organisations tackling issues from homelessness and mental health, to childhood obesity and fuel poverty, a more than ten-fold increase. 

Further information about Better Society Capital can be found at www.bettersocietycapital.com 

About Schroders plc 

Schroders is a global investment manager which provides active asset management, wealth management and investment solutions, with £773.7 billion (€912.6 billion; $978.1 billion) of assets under management at 30 June 2024. As a UK listed FTSE100 company, Schroders has a market capitalisation of circa £6 billion and over 6,000 employees across 38 locations.

Established in 1804, Schroders remains true to its roots as a family-founded business. The Schroder family continues to be a significant shareholder, holding approximately 44% of the issued share capital.

Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies. The company offers innovative products and solutions through four core business divisions: Public Markets, Solutions, Wealth Management, and Schroders Capital, which focuses on private markets, including private equity, renewable infrastructure investing, private debt & credit alternatives, and real estate.

Schroders aims to provide excellent investment performance to clients through active management. This means directing capital towards resilient businesses with sustainable business models, consistently with the investment goals of its clients. Schroders serves a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.