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 27 March 2020.
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 Library will produce a briefing or material for the second reading debate and this page will be updated when it is made available.
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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Commons Briefing papers CBP-8814
Author: Steven Browning