Community Benefit Fund

Low Carbon Gordano Ltd. (LCG) is registered as a community benefit society. One tangible expression of this commitment is the Community Benefit Fund.

LCG has a Community Benefit Fund Policy which requires the Board to recommend an amount of money to its membership at each Annual General Meeting. Once approved, the Board top-slice a sum to be given as a grant to a carbon-saving project in the developing world, usually 10%. The remainder is used to grant aid to local carbon-saving projects.

Since 2019, LCG has contracted with Quartet Community Foundation, a charitable body in Bristol, which advertises, administers and then follows up the grant aiding process in return for a fee. That same year, LCG combined its fund with that of Bristol Energy Co-Operative to form The Megawatt Fund and the two organisations now share the responsibility for selecting the local projects.

In the last round, 2020, LCG donated £1,500 to Mend the Gap, a North Somerset charity that sponsors education projects in the Masai Mara region of Kenya.

The combined fund available for local projects totalled £49,717. It was heavily oversubscribed but culminated in fourteen local projects receiving grants covering a range of carbon saving initiatives e.g. climate change education, tree planting, community allotments, double glazing, LED lighting etc.

Summary of Community Benefit Fund Payments to date

YEAR GRANT PAID LCG FUND CONTRIBUTION £ DEVELOPING WORLD GRANTS £ LOCAL PROJECTS GRANTS TOTAL £ No. OF LOCAL PROJECTS GRANT AIDED
2016 27,500 2,500 25,000 7
2017 25,000 2,500 22,500 6
2018 15,000 1,500 13,500 4
2019 20,000 1,500 18,500 14
2020 15,500 1,500 49,717 14
TOTALS 103,000 9,500 129,217 45

Examples of Beneficiaries

Pretoria Road Allotments

For the installation of water harvesting units to reduce the use of mains fed water to the site and reduce the sites carbon footprint.

Community Trees Wick

Toward planting fruit trees in Brockwell Park Community Orchard to provide a source of local produce and increase carbon sequestration.

Southmead Development Trust

To reestablish walking groups in the Southmead area and produce a walking map that will contain information about energy saving and climate change issues.