The Co-operative and Community Benefit Societies (Environmentally Sustainable Investment) Bill 2019-20 was introduced by Anna McMorrin MP following the Private Members' Bills Ballot on 9 January 2020. First reading took place on 5 February 2020 and the Bill's second reading is due on 2 July 2020.
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A Bill to enable co-operative and community benefit societies to raise external share capital for the purpose of making environmentally sustainable investment; to make associated provisions about restricting conversion to company status and the distribution of capital on winding-up; and for connected purposes.
The second reading paper may be updated as the Bill goes through Parliament; alternatively additional papers will be added to this page to reflect the Bill’s progress.
MP tables bill to help co-ops raise private investment for green projects, Coop News, 6 February 2020
New Co-ops Bill in Parliament: for people and planet, Co-ops UK, 5 February 2020
Green Share Bill: MP pushes for law to help cooperatives to raise green investment, Business Green, 5 February 2020
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