DIP is our own, internally managed portfolio.
It specifically targets investments with a local, economic or ESG (environmental, social, governance) impact - though investment returns are its first priority.
We created DIP in 2009 with an initial £5m investment and a capacity of £300m.
DIP now has:
DIP has a wide remit and is opportunistic.
To date, DIP investments have been in:
We publish a quarterly schedule of all DIP investments.
DIP has achieved the following measurable impacts through its investments to date:
Clean Energy Generated
Carbon Reduction (tonnes p.a.)
Sufficient to Power (homes p.a.)
636 GWh p.a.
PRI - Investment manager signatories
The DIP investment strategy is reviewed every 3 years.
Following the most recent review in 2021 DIP remains open for new investments with the following characteristics: