Take part in Good Money Week

ECCR was a founder member of National Ethical Investment Week, which in 2014 was rebranded as Good Money Week, co-ordinated by the UK Sustainable Investment and Finance Association (UKSIF). Good Money Week brings together individuals, financial advisers, charities, faith, community and student groups and financial institutions to raise awareness of the importance of sustainable and ethical investment and finance.

There’s more on the UKSIF website – http://goodmoneyweek.com/ It says: ‘Ethical investment’, ‘socially responsible investment’, ‘sustainable finance’, ‘ethical banking’….. we are talking about all these things when we say ‘Good Money’. Whatever you want to call it, we simply mean thinking about the social and/or environmental impact of your money whether it’s in a bank account, investment, ISA, and/or pension fund.

They also offer suggestions on how you can take action:

Speak to a financial adviser about sustainable and ethical investment options

Become a sustainable investor – you can invest as little as £5 in a renewable energy project or think about opening a  sustainable and ethical ISA

Use your #PensionPower and ask your pension fund whether they allow members to meet them to talk about the issues that matter

Tweet your bank and ask them for information about how your money is being used in positive ways – socially, culturally and/or environmentally. Use the hashtag: #mymoneymatters

Email your MP and ask them to support Good Money Week

Churches can take part in Good Money Week by using resources from the “Your Faith, Your Finance” website for Home Groups – >http://www.yourfaithyourfinance.org/group-discussion//p>

You can also focus on the theme during Sunday worship. Worship materials used at ECCR’s 25 Anniversary Service are available at: https://eccr.org.uk/wp/wp-content/uploads/2016/03/ECCR-25th-Celebration-Programme-and-Order-of-Service.pdf

The Bishop of Oxford’s Case

The Bishop of Oxford’s case of 1991 effectively launched CEIG. It formed the basis of much of the original thinking behind ethical investment in the Church and has been developed extensively since. The Bishop of Oxford and CEIG members argued in the High Court that, in keeping with the Church’s mission, the Church Commissioners should not invest in ethically questionable activities such as businesses operating under the apartheid regime in South Africa. The case led to a clarification of Charity Commission guidance on ethical investment for charities.

The text of the High Court judgement is available here: Bishop_of_Oxford’s_case_1991

ECCR Bulletin: June 2013

This bulletin covered:

  • ECCR’s new strategy ‘Keeping Faith in Finance’
  • the background to ECCR’s work on Free, Prior and Informed Consent
  • the launch of the Ethical Money Churches project
  • ECCR’s action to protect vulnerable workers, including those affected by trafficking
  • an article by Christian Aid’s Joe Stead on the IF campaign, tax and transparency

Download the full bulletin in pdf: ECCR Bulletin June 2013

Charity Trustees and Investment Ethics

CEIG published these guidelines for charity trustees making ethical investment decisions in 1996 and they remain a helpfully comprehensive summary of key issues for charity trustees and others to consider.