Around £1billion of Methodist money is invested in stocks,
shares, bonds and other schemes. This money comes from individual
churches and circuits, as well as national funds. All the money is
invested in line with ethical principles.
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The Central Finance Board of the Methodist Church
Methodists have their own investment agency, the CFB. It is the
job of the CFB to manage the funds and get good returns on their
investments whilst making sure that the investments are in line
with the moral and ethical teaching of the Church - such as not
investing in companies that profit from alcohol, gambling,
pornography or the arms trade.
From their base in the City of London, the CFB is a Christian
witness in the investment community. By acting as shareholders of
major companies, including some listed on the FTSE-100, they can
influence decisions and vote in shareholder meetings. This provides
Methodists with a powerful voice at the heart of economic life in
one of the world's most important financial centres.
Recently the CFB have been working with BP, Coca-Cola and Rio
Tinto about environment and human rights issues, and with Vodafone
and the supply of pornography via mobile phones.
Joint Advisory Committee on the Ethics of Investment
To make sure that the CFB are working to the highest ethical
standards, the Methodist Conference has set up JACEI, which is made
up of five people nominated by the CFB and five by the Methodist
Council. The Revd John Howard - Chair of the Wolverhampton and
Shrewsbury District - is the Chair of JACEI.
You can read more about the work of JACEI in its annual report to
the Methodist Conference. At Conference there is also an informal
event where ethical investment can be discussed and leaflet is
published that looks at some of the issues that JACEI has dealt
with over the last year.
One of the most controversial and widely publicised
recommendations that JACEI made was about Nestlé in
2015 JACEI Report
2015 JACEI leaflet - Ecumenical Reflections on
2014 JACEI leaflet - Fossil Fuels and the
2013 JACEI leaflet - Banking on the Banks
JACEI Annual Report
2010 JACEI Annual
Report - Climate Change, The Challenge for Ethical
Read the 2009 JACEI leaflet
- Ethical Investment in a Digital Age
Read the 2009 JACEI Annual Report
Ethical Investment in Israel
9 Bonhill Street, London EC2A 4PE
020 7496 3630 email@example.com
Contact the Joint Advisory Committee on the Ethics of
The Revd John Howard, JACEI Chair
Methodist Church House, 25 Marylebone Road, London NW1 5JR
020 7467 5245 firstname.lastname@example.org
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