Question

To ask the Member for South West Bedfordshire, representing the Church Commissioners, what steps the Church is taking to ensure that the Church's investments align with its values.

The Ethical Investment Advisory Group (EIAG) supports the Church Commissioners, the Church of England Pensions Board and the CBF Church of England Funds (which are managed by CCLA). It provides timely and practical advice to the three National Investing Bodies (NIBs) to enable them to invest in a way that is distinctly Christian and Anglican.

In particular, the advice of the EIAG relates to:

• Assets, sectors or markets in which it would not be appropriate for the NIBs to invest
• Stewardship of the NIBs' investments (including voting and engagement)
• Relationships with managers and other investors
• Policy issues.

The most recent annual review by the Ethical Investment Advisory Group can be viewed here: eiag_annual_review_2021-22.pdf (churchofengland.org)