Tuesday, 12 October 2004

Ethical Investments

The Daily Telegraph reports that the Church of England may review its policy on ethical investments. Currently, the Church Commissioners are unable to invest in companies involved in pornography, arms, tobacco, gambling and alcohol.

The Church Commissioners, who manage assets worth £3.9 billion, are reviewing their ethical investment policy to ensure that they are maximising their returns. Clerical insiders admitted that any significant changes could prove controversial among the General Synod, who are sensitive about the size and use of the Church’s holdings.

A copy of this Telegraph article also appears here.

Posted by Simon Kershaw on Tuesday, 12 October 2004 at 12:51pm BST | TrackBack
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Categorised as: News