Appendix 1 - Community Wealth Building Charter
Argyll and Bute Council · 26 November 2025
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Appendix 1 Argyll and Bute Community Planning Partnership Community Wealth Building Charter Our Commitment We, the members of the Argyll and Bute Community Planning Partnership (CPP), affirm our commitment to embedding the principles of Community Wealth Building (CWB) across our region. As anchor institutions rooted in place, we recognise our collective power to shape a fairer, more inclusive, and resilient local economy where wealth is created, retained, and shared more equitably across our diverse communities. Our Vision To build an economy that works for people, place and planet - where wellbeing, sustainability, and equity are core outcomes of economic activity. We will support and work towards an inclusive model of development that maximises local opportunity and minimises the extraction of wealth from our communities. Our Shared Principles We will advance the five pillars of Community Wealth Building: 1. Spending: Maximise community benefit through procurement, grow inclusive supply chains, and support local enterprises to access public contracts. 2. Workforce: Promote Fair Work, support the real Living Wage, and develop inclusive employment and training pathways in collaboration with local employers and partners. 3. Inclusive Ownership: Support diverse and democratic business models, including social enterprises, co-operatives, and employee-owned businesses, that root wealth in local communities. 4. Finance: Use our financial power to support local investment, explore ethical and social finance opportunities, and ensure community benefits are reinvested locally. 5. Land and Property: Make socially productive use of land and assets, support community ownership, and collaborate to unlock affordable workspace and housing. Our Role as Anchor Institutions We acknowledge our responsibility as major employers, landowners, procurers, and investors. We will: • Embed CWB into our strategic plans and operational decisions. • Act collaboratively through the CPP and local area groups to develop shared strategies, joint investments, and coordinated actions. • Build capacity in the third, social enterprise and community sectors to participate in and shape our local economy. • Engage and consult citizens in key decisions that affect their economic future. Our Next Steps • Support progress towards implementation of CWB ahead of legislation with reference to the Argyll and Bute CWB Action Plan and the two Models of Opportunity on employee ownership and energy. • Prioritise actions that align with our Local Outcomes Improvement Plan, Economic Strategy 2024–2034, and Climate Action priorities. • Monitor our progress at a local level and share learning to accelerate transformation across Argyll and Bute. Signed on behalf of the Argyll and Bute Community Planning Partnership,
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November 2025