[Anglican Community News Service] The national investing bodies of the Church of England have announced a new ethical investment policy for the extractive industries. The policy was adopted by three bodies – the Church Commissioners, the Church of England Pensions Board and the CBF Church of England Funds – after two years of work. The policy follows advice from the Church of England’s Ethical Investment Advisory Group. The EIAG prepares ethical investment advice, but, under English trust law, it is for the trustees of the separate investing bodies to decide whether to adopt the policies pit.
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