Ecodynamic Community Benefit Society
"The founding directors of Ecodynamic believe that the biodynamic, organic, low carbon, sustainable community can both invest profitably in renewable energy, pay member investors fair returns and generate a surplus for reinvestment in energy, food and grassroots projects for community benefit. Our community benefit society structure comes from the long established co-op tradition...
"Ecodynamic is constituted as a community benefit society (CBS). Formerly known as an industrial and provident society (IPS), the CBS is a traditional legal form for democratic social enterprises such as The Co-operative, agricultural co-ops and many of the 5,500+ co-operative and mutual enterprises in the UK which are owned by 12 million people with a combined annual turnover of over £33 billion.
"Recently, since the successful Fordhall Farm community buyout in 2006 by 8500 members investing over £800,000 there has been renewed interest in the use of the CBS legal form, because of both the growth of co-ops and the fact that community share offers enable communities to invest in themselves. " [1]
Team
Accessed May 2013: [2]
- Robin Evans (Biodynamic), BSc (BIF), Chair.
- Martin Large
- James Mansfield, MEng. Operations and development.
- Farimah Englefield BSc, Society Secretary and administrator
Contact
Resources and articles
Related Sourcewatch
References
