Benefit and Common Interest Companies (SBIC)
SBIC
Benefit and Common Interest Companies (SBIC) have been recognised in the Spanish legal structure following the publication of Law 18/2022 of 28 September on company creation and growth, known as the Create and Grow Law.
SBIC´s remain subject to specific state regulations to verify performance through specific validation methodologies.
“ALAS is Spain’s first SBIC constituted in the housing sector”
Greater levels of transparency
We explicitly generate a positive social and environmental impact through our activities; and we voluntarily adhere to higher levels of transparency and accountability in the performance of our social and environmental objectives, and when considering the relevant stakeholders in our decision-making process.
“An SBIC has a three-fold objective: to generate economic, social and environmental value”
