Stroud Brewery has launched a bond offering with sustainable bank Triodos to develop a new brewery and bar opening this autumn, showing a diversity of what sustainable finance can mean.
The brewery has been running for 12 years with a focus on producing beer locally and sustainably. It uses short supply chains and lightweight packaging as well as re-using waste grains and hops for cattle feed and compost. The bond will fund expansion and further improve the green credentials of the company with heat reclamation, rainwater harvesting and solar powered electricity.
The bond offer will use Triodos’ crowdfunding platform that has already raised £18.2 million across 7 deals. The site (www.triodoscrowdfunding.co.uk) exclusively focuses on raising money for ethical businesses and charities that deliver a positive environmental, social or cultural impact.
It also chimed with the rise in financial interest in organic food and drink, with the 2018 Organic Market Report revealing a 6 per cent overall growth of organic food and drink in the UK, and organic beers, wines and spirits seeing an 8.2 per cent increase.
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