2023 has seen a continuation of the challenging backdrop for charities
While inflation remains a universal concern and lower levels of returns are a widespread issue, charities are experiencing varying pressures as a result of the cost-of-living crisis.
Meanwhile, although charities are becoming more concerned about the threat of climate change, their views on environmental, social and governance issues in general are changing, with ethical exclusions becoming more commonplace, and approaches to net zero differing.
Some of the highlights
The vast majority of charities are still experiencing some form of pressure or negative impact from the cost-of-living crisis.
59% of charities have seen an increase in demand from last year, with 63% stating that demand is coming from both new and existing beneficiaries.
While the negative effects of the cost-of-living crisis are being felt widely, there is hope for the future within the sector, although uncertainty remains.
52% of charities do not think that the cost-of-living crisis will have a lasting impact on their investment policy, and a further 27% simply do not know.