About the GPC
The Green Purposes Company (GPC) is a not for profit company limited by guarantee. It has one primary function: to protect the green purposes of the Green Investment Bank (GIB), now trading as the Green Investment Group (GIG). It may also undertake supporting activities to promote the protection of the environment, should it choose to do so.
The GPC’s current focus is solely on safeguarding the green mission of the GIG through its power as special shareholder in the GIB, and in maintaining a constructive relationship with GIG and its stakeholders.
The GPC has public accountability and an implied responsibility to be open in its core functions. The GPC scrutinises the operation of the five green purposes. The GPC wishes the GIG business model to succeed, grow and act as an exemplar.
To deliver its role GPC takes account of:
- Public accountability;
- A wish to be seen to be transparent and competent; and
- A wish to contribute positively to the future development of GIG.
The GPC's strategy statement can be read here. It sets out the GPC's strategic aims, operating principles and expectations of the GIG.
The GPC operates on a continuous learning and improvement basis; monitoring, reviewing and updating the scope of its independent role when appropriate.