Big Issue unveils targets under five-year strategy

(Photo by Mike Kemp/Getty)
(Photo by Mike Kemp/Getty)

The Big Issue is aiming to improve the lives of one million people through its lobbying and influencing work over the next five years.

The target is included in the social enterprise’s new strategy, which coincides with its rebranding as The Big Issue Group.

The strategy report says the group’s charitable arm, the Big Issue Foundation, helped 230 homeless vendors secure their own safe accommodation in 2020/21, and provided debt and other financial advice to more than 500 people.

It also hopes to attract 60,000 supporters for its campaigning on social justice and create 1.5 million customers for products created through its social investment arm, Big Issue Invest.

BII, which manages social investment worth £39.7m, will open “multiple new funds” between now and 2027, the strategy document says. This will expand BII’s investment in businesses and charities that work with people living in poverty, the most vulnerable young people, people who are unemployed or homeless, and those experiencing mental health crises.

Danyal Sattar, chief executive of BII, said: “This ambitious new five-year strategy is an important next step for Big Issue Group. With greater challenges on the horizon, we have made sure we are adapting to support as many people as possible through this difficult time.

“Our Group impact report shows the huge impact we have already had, across all parts of the organisation, including at BII, where we have supported more than 500 social enterprises since 2005.”

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