Two new ethical investment policies have been adopted by the Church of England national investing bodies following advice from the Church’s Ethical Investment Advisory Group (EIAG).
The national investing bodies’ new policy maintains the toughest possible exclusion of companies involved in the production or distribution of pornography that their ethical investment research provider is able to implement….
The new policy on high interest rate lending builds on the previous policy under which companies involved in weekly collected home credit (‘doorstep lending’) were excluded from investment.
The new policy extends the investment exclusion to cover other forms of specialised high interest rate lending, in particular payday and pawnbroker loans.