The Church of England has threatened to use its influence as a multimillion-pound investor in companies such as Meta, Google and Amazon to challenge them if they fail to protect children from harmful content.
Investing in big technology firms and social media sites “may not be consistent with Christian values”, the Church said. It has issued a list of demands to the companies it invests in, including a call for “enhanced protections” for children.
It has £10.1 billion in assets and investments across a range of sectors, and already uses its clout as a big-money investor in oil firms to lobby them to step up their efforts to tackle climate change.
Among its 20 biggest equity holdings are Amazon, Microsoft, Alibaba, Meta and Alphabet, parent companyt of Google. It does not disclose how much it invests in each.
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The Church of England has threatened to use its influence as a multimillion-pound investor in companies such as Meta, Google and Amazon to challenge them if they fail to protect children from harmful contenthttps://t.co/bkFGnef57K
— Ann Mroz (@AnnMroz) October 3, 2022