The Church of England’s Ethical Investment Advisory Group issues new guidance on Human Rights
The Church of England’s Ethical Investment Advisory Group (EIAG) has today published advice for the National Investing Bodies (NIBs) to ensure that international human rights norms are respected by the companies in which they invest. The National Investing Bodies have simultaneously published a new stand-alone Human Rights policy in line with this guidance.
The full report is available to read and download, here.
The EIAG provides timely, practical, and theologically grounded advice to the three NIBs to enable them to invest in a way that is distinctly Christian and Anglican. Its expert and independent membership includes leading Christian theologians, business-people, investors and other practitioners.
The NIBs’ policy was developed and agreed upon by all three National Investing Bodies. The NIBs have a long track record of engagement on human rights topics. Other policies have previously referenced Human Rights, but this new policy sets out a comprehensive and more detailed approach to stewardship on Human Rights.
Recent and ongoing engagement work carried out by the NIBs on this issue include:
Anna McDonald, Secretary to the Church of England’s Ethical Investment Advisory Group, said:
“This new guidance for the national investing bodies acknowledges that investors, like all business actors, have a responsibility to address the risks to people present in their investments and provides a reasoned and theological reflection detailing why a respect for international human rights norms is grounded in Christian tradition and teaching.
“Whilst the EIAG believes that a truly Christian conception of a just society needs more than a minimal legal framework established by rights, it believes that a minimum framework is helpful particularly with regard to the Church’s investments in businesses. The EIAG believes all human beings have an irremovable dignity as persons which must be respected and protected. It affirms the responsibility of all businesses to respect and protect this dignity and endorses the UN Guiding Principles on Business and Human Rights as the authoritative global framework for helping businesses assess their impacts on human rights.
“The EIAG has been pleased to see the NIBs adopt a robust and updated human rights policy based on our guidance, and will look forward to their continued work protecting human rights through their investments. We expect the publication of these documents to strengthen their hand in engagement, public policy dialogue, and in calling for change.