Positive Investment

North Wales

Quakers

 

Crynwyr

Gogledd Cymru

An image of the Quakers' bi-lingual symbol.

Economic Justice Group

Positive Investment policies

 

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We are looking at how our money can be used to invest in a more equal and environmentally-aware society. The ‘Call to Equality’ and the ‘Canterbury Commitment’ challenged us to think about how we can engage with inequality and environmental issues, and how we can ‘make a difference’ by investing in projects with positive outcomes e.g. renewable energy, water and waste, social and infrastructure projects, community projects and credit unions.

We are building up a national picture of the availability of positive investments, and how different Quaker bodies are using them, in the context of the whole investment market. We attended a day conference 'Church Divestment and Investment for a Zero-Carbon Economy' at Friends House in November 2106 attended by Quakers and members of other churches, which was a helpful event.

A number of discussions with a number of Britain Yearly Meeting post holders have been held, and we are considering ways of promoting the concern. A list of ‘useful resources for positive investments’ has been collected and sent to Britain Yearly Meeting for consideration, which can be the basis of a published guide. North Wales Trustees are looking at the area meeting’s investment policy and encourage local meetings to do likewise. A useful resource: Blue&Green&BlueTomorrow

David Mellor (26.02.17)

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The importance of “investing in ‘the alternative”

Seeking to create “an economy in which our testimonies can flourish” became a priority for Quakers in Britain in 2011. At Yearly Meeting in 2012 it was further agreed that Quakers should be “putting our money and energies into places which support our testimonies; accounting for ‘peace’, ‘joy’ and ‘respect’ alongside financial values”. Investing in ‘the alternative’ is crucially important to the flourishing of a new economy, an economy that faces up to climate change and is based on principles of justice and peace. Transferring capital out of the fossil fuel economy and into sustainable and just organisations is a powerful step in our transition journey. The odds are stacked in favour of big business, and sustainable ventures need our financial support to prosper. (Earth and Economy, December 2016)

David Mellor (26.02.17

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We are looking at how our money can be used to invest in a more equal and environmentally-aware society. The ‘Call to Equality’ and the ‘Canterbury Commitment’ challenged us to think about how we can engage with inequality and environmental issues, and how we can ‘make a difference’ by investing in projects with positive outcomes.

The focus is on current and emerging investment options, building on QPSW work on ‘Your Faith Your Finance’. Some Quaker meetings still invest in mainstream companies, although some are considering how we can make connections between how we use our money, and the changes in the world that we hope for.

Some investment funds, trusts and companies, which claim to be ‘ethical’, ‘environmental’ or ‘sustainable’, still invest in sectors which may be ‘part of the problem’ e.g. banks/finance, IT, telecommunications, etc. However there is a growing range of opportunities to use our money to do good, by investing directly in sectors such as renewable energy, water and waste, social and infrastructure projects, community projects and credit unions.

We are looking at a range of perspectives, and network and engage with Quakers, Meetings and others, to take the implications forward. We have had an initial discussion with Britain Yearly Meeting and will develop that link.

David Mellor

 

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