Ethical investment policy

The JMECA trustees, through their investment managers CCLA Investment Management Limited, follow the policies of the Church of England Ethical Investment Advisory Group (EIAG) unless there are exceptional reasons for not so doing.

EIAG is made up of representatives of:

  • the investing bodies of the Church of England

  • members of the Archbishop’s Council

  • the General Synod

  • the Mission and Public Affairs Council.

It is sensitive to the views of Church people generally and reports annually to the General Synod.

The funds in which CCLA invest JMECA funds do not include many companies with interests in the alcohol, gambling, animal testing, human rights, tobacco, pornography, human embryonic cloning, weekly collected home credit  and military sectors. 

The ethical investment policies recommended by the EIAG are the basis for a distinctly Christian approach to investment embracing negative screening, positive alignment with the Church's teaching and values, and active stewardship.

 

The JMECA treasurer writes:

We invest your generous donations so that income is generated to help our Dioceses address the issues that the Chairman has highlighted above. It is important to us that the companies in whom we invest follow ethical principles in their business dealings around the world. This we achieve by only investing in Funds managed by CCLA whose investment decisions are guided by the policies of the Church of England Ethical Investment Advisory Group (EIAG). Ethical investment restrictions apply to companies involved in military products and services, pornography, alcoholic drinks, gambling, tobacco, human embryonic cloning and weekly collected home credit. 

In the United Kingdom many churches have recently taken part in National Ethical Investment Week (http://www.neiw.org). This is a cooperative campaign to encourage people to consider green and ethical options for their savings and investments. 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. For much of 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 types of ways to invest ethically have grown, as have the issues that green and ethical investments address.

JMECA may not a large investor in investment market terms but we take our ethical responsibilities very seriously.

Profile picture of John PringleMr John Pringle