Public Affairs Statement
Octopus is investing in the people, ideas and industries that will change the world. We strongly believe there is no trade-off between âdoing goodâ and âmaking moneyâ. Indeed, we believe that companies that understand what it means to make the world a better place, will deliver better financial returns for their investors over the coming decades.
We passionately believe in making the UK the best place in the world to set up, scale up and list a company. Our policy engagement work is supporting UK businesses to unlock investment into solutions tackling humanity’s greatest challenges. We are revitalising our healthcare system, empowering people and communities, and building a sustainable planet to accelerate the journey to net-zero.
Policy Engagement
We contribute to public policy debates on issues relevant to our business and customers. We do this individually via correspondence, meetings, and consultations and through other bodies listed below.
Our public affairs and policy engagement work is overseen by founder and board member Chris Hulatt to ensure that it aligns with our values and mission as well as the principles set out in our responsible investment policy.
We are Members of the Following Groups
Consultations
Over the last year we have fed into the following consultations and inquiries:
- May 2020 Department for Business Energy and Industrial Strategy Consultation regarding Contracts for Difference: proposed amendments to the scheme.Â
- June 2020Â Business Energy and Industrial Strategy Select Committee Post-Pandemic Growth Super-InquiryÂ
- June 2020 HMT Consultation into Enterprise Management Incentives
- June 2020 Department of Health Consultation into Womenâs Health Strategy
- July 2020Â International Agreements Committee, House of Lords inquiry UK-Australia Trade NegotiationsÂ
- July 2020Â Business Energy and Industrial Strategy Select Committee Post-Pandemic Growth, Industrial StrategyÂ
- July 2020 Treasury Select Committee inquiry, Tax after CoronavirusÂ
- August 2020Â Department of Work and Pensions Review of the Default Fund Charge Cap and Standardised Cost Disclosure
- August 2020 Economic Affairs Committee, Lords Select Committee inquiry â Employment and CovidÂ
- August 2020Â Treasury Select Committee inquiry, Decarbonisation and Green FinanceÂ
- September 2020 Department of Work and Pensions consultation: Improving Outcomes for Members of Defined Contribution Pension SchemesÂ
- January 2021Â HMT Budget representationÂ
- March 2021 Department of Business, Energy, and Industrial Strategy – call for evidence: Enabling a High Renewable, Net Zero Electricity SystemÂ
- May 2021 Treasury Select Committee Inquiry into Jobs, growth and productivity after coronavirus
For further information contact: Justine Duggan, Senior Public Affairs Manager