Can charities invest in a socially responsible way?
Yes, so long as the trustees take account of their responsibilities under trust law when making investment decisions. The current legal position in the UK may be helpful guidance and is outlined in the Charity Commission booklet CC14 – Investment of Charitable Funds. The UK’s Charities Aid Foundation (see SRI global links) may also be able to assist you. In 1999, they launched a specialist SRI Fund for Charities in the UK. If you want to know more about SRI strategies for charities and charitable foundations, look in our Library.