OUR IMPACT
InBC is investing for the future by supporting opportunities that will deliver meaningful and measurable impact for British Columbia.
Through our direct and indirect investments, InBC is supporting and accelerating social, climate and financial outcomes for British Columbia.
Impact Highlights
*Based on the latest available reporting data.
Portfolio Impacts
InBC’s portfolio is supporting the following impacts:
24
B.C. companies invested in directly and via portfolio funds
1,026
B.C. employees supported*
$65.3M
R&D spending by B.C. companies*
$479M
Total investment raised by B.C. companies*
Investments
InBC has invested in companies and venture funds aligned with our impact objectives and with strong connections to B.C.
$109M
Capital committed
7
investments innovating for the future
5
investments driving climate action
1
investment advancing reconciliation
3
investments elevating inclusive communities
Team Diversity
The teams in InBC’s portfolio are comprised of employees self-identifying as:
19%
RACIALIZED*
2%
INDIGENOUS*
38%
WOMEN OR NON-BINARY*
InBC Investment
Themes
InBC has defined investment themes that align to each impact objective. This will be reviewed periodically and updated as necessary based on changing market needs and conditions.
Driving climate action
Investing in solutions towards net-zero emissions and a climate resilient economy.
Investment areas
- Affordable and clean energy
- Decarbonization technologies
- Sustainable food and agriculture
- Circular economy
primary un sdgs
Innovating for the future
Investing in innovations and industries for future economic growth in B.C.
Investment areas
- Future of work readiness
- Industry digitization and innovation
- Biotechnology and life sciences
- Sustainable and resilient supply chains
primary un sdgs
Advancing reconciliation
Investing in solutions that strengthen partnerships & generate economic opportunities for Indigenous Peoples in B.C.
Investment areas
- Advancing economic opportunities
- Financial access and inclusion
- Indigenous health and well-being
- Indigenous innovation
primary un sdgs
Elevating inclusive communities
Investing in solutions to improve outcomes for under-represented people and communities in B.C.
Investment areas
- Health and well-being for diverse communities
- Care economy
- Inclusive and accessible products / solutions
- Equitable access to quality education
primary un sdgs
To guide our assessment of impact and ESG risks, InBC aligns with global frameworks and standards, including the Impact Management Project, UN Principles for Responsible Investing, UN Sustainable Development Goals and Targets, UN Declaration on the Rights of Indigenous Peoples, Global Impact Investing Network (GIIN), Reconciliation and Responsible Investment Initiative and International Finance Corporation’s (IFC) Operating Principles for Impact Management.
For more details on our approach and how we are creating impact, see our Investment Policy Statement.
Our Approach – Theory of Change
InBC’s vision is to catalyze a more prosperous, sustainable and inclusive future for British Columbia. This impact will be achieved by deploying capital to drive innovation in B.C. using a triple bottom line approach, guided by four impact objectives – advance reconciliation, drive climate action, elevate inclusive communities and innovate for the future.
InBC’s work will build upon and add to existing efforts of the provincial government and organizations across the province to advance the economy in three main areas:
Increasing availability of local capital based in B.C.
Actively supporting companies and venture funds with a strong connection to B.C.
Investing with long-term timelines aligned to big visions and triple bottom line objectives
