Government Opens Consultation on Responsible Investment Guidance for Charities
The majority of almshouse charities hold investments and must review these periodically to ensure they are offering the best returns for the charity.
Trustees can also consider whether their investments align with their purposes and values and take a more ethical/responsible approach. The Charity Commission offers guidance to trustees on investment matters in their guidance ‘Charities and investment matters: a guide for trustees (CC14)’.
The Government has recently opened a consultation on the guidance provided to charities regarding responsible investments. The consultation:
“seeks views on the clarity of draft revised guidance for charity trustees about adopting a responsible (or ‘ethical’) approach to investing their charity’s funds.”
Our members may be interested in contributing to the consultation as any changes are likely to impact on your internal policies.
You can access all information on the consultation here.
Posted 12 April 21