Charities: Investment

(asked on 20th March 2019) - View Source

Question to the Department for Digital, Culture, Media & Sport:

To ask the Secretary of State for Digital, Culture, Media and Sport, what assessment he has made of the appropriateness of charities investing in industries that contribute to climate change.


Answered by
Mims Davies Portrait
Mims Davies
Parliamentary Under-Secretary (Department for Work and Pensions)
This question was answered on 25th March 2019

Charities can invest in a number of ways to achieve their charitable aims. Most often this involves investments that seek to achieve a financial return for the charity to spend on its aims. However increasingly, charities are adopting an ethical approach to investment, as well as making social investments which directly further their charitable aims.

It is for a charity’s trustees to decide on their charity’s investment strategy, which can include adopting an ethical investment approach.

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