A matter of conscience
Kate Hand provides an update on the CFDG/EIRIS ethical investment survey
As the public becomes increasingly interested in the impact of financial investment, charities increasingly have to consider the relationship between their investments and their mission. CFDG is working on best practice guidance in this area, and as a first step we undertook a survey of our members, alongside the Ethical Investment Research Service (EIRIS) [1]. The survey examined the internal and external barriers, drivers and assistance to adopting an ethical investment policy. There were 164 responses from charities with incomes from under £100,000 to over £10m, and a relatively even spread of investments from under £100,000 to over £50m. Only 46 per cent of respondents had an ethical investment policy, but this rose to 60 per cent for charities investing over £1m.
Author: Kate Hand
Kate Hand is the policy and campaigns officer at CFDG. She comes from a background in environmental policy and campaigning, and is working on web-based policy engagement and regional membership
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