12th August 2021, words by Dominic Burke
We responded to the Charity Commission’s recent consultation on responsible investment guidance, making three key points:
- We support the shift away from “maximising financial returns” as the de facto goal of investment and call for the inclusion of System Value.
- Adherence with objects and standard investment criteria does not amount to a responsible approach.
- Laissez-faire guidance sets the charity sector up to be a laggard on responsible investment, when it should be leading.