Better Society Capital, formerly Big Society Capital, is a UK-based social impact investment organisation headquartered in London, England.56 It was established in 2012 as an independent financial institution intended to develop the UK social impact investment market and operate as a wholesale investor.24 The organisation was initially capitalised with funding from dormant bank accounts and shareholder banks, including an initial commitment of approximately £600 million.4
Its mission is to increase the amount of money invested in addressing social issues and inequalities across the United Kingdom.5 Better Society Capital invests its own capital and helps other investors—such as pension funds, trusts, foundations, family offices and mainstream financial institutions—invest in organisations and funds with social objectives.510 It also works with government on policies and programmes that use social impact investment to improve public services, address social and environmental challenges, and support growth.
The organisation’s investment interests include housing and homelessness, economic opportunity, health, climate and energy, mental health, fuel poverty and other areas affecting disadvantaged communities.512 Its activities include backing investment funds, supporting social enterprises and charities, and mobilising co-investment from other sources.411 In 2025, it reported that it had invested £1 billion in social enterprises and charities since 2012, alongside £2.9 billion from co-investors, making nearly £4 billion available to more than 3,750 impact-led organisations across the UK.11
Better Society Capital changed its name from Big Society Capital in April 2024; the organisation said the new name more clearly expressed its mission while retaining its established track record.5 Stephen Muers is Chief Executive Officer and Robin Hindle Fisher is Chair.513 Its geographic scope is national, with activities focused on the United...