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Monday 15 November 2010

New guide urges church members to invest ethically

A new ‘Action Guide for Churches’ has been launched to encourage Christians to apply their principles through their savings and investment decisions. The guide was produced for National Ethical Investment Week (NEIW) in conjunction with the Ecumenical Council for Corporate Responsibility (ECCR).

The guide, available at http://www.neiw.org/, provides practical information on how to raise awareness of green and ethical options. Rev. Raymond Singh, Vice Chair of ECCR, said: “Many churches now celebrate Fairtrade Fortnight. I hope this Guide will help church members think about where we invest our money and what it is used for. It includes excellent resources for worship and ideas for meetings and displays. Our aim is for ethical investment to become as widespread as fair trade among churches and their members.”

Penny Shepherd, UKSIF Chief Executive, said: “By choosing a green or ethical option, savers and
investors can make a positive difference to society and the environment. Green and ethical investments can promote transparency and encourage corporate social responsibility, help fund solutions to global problems, and may contribute to more sustainable profits in the longer term.

“Ethical investing in the UK is rooted in the faith community. Churches, charities, and people of faith were the first to take account of ethical criteria when making investment decisions. Throughout the twentieth century, faith groups used their power as investors to address such issues as unfair labour practices, apartheid in South Africa, and arms trading. Since then, the number of ways to invest ethically has grown, as have the issues that green and ethical investments address.”

The ‘Action Guide for Churches’ is sponsored by CCLA Investment Management as part of NEIW 2010 which was sponsored by The Co-operative Financial Services and Ecclesiastical Investment Management.

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