Almost 60 per cent of charities now have a responsible investment policy, survey finds
The number of charities who manage their investments in line with their mission has substantially increased in the last five years, up to 59 per cent from 23 per cent of surveyed charities, according to research out today.
The report, Intentional Investment: The Principles, Practicalities and Pitfalls, which has been published by the Association of Charitable Foundations (ACF) and Cazenove Charities, says that “reflecting a charity’s mission, values, or wider social concerns in its investment strategy has become a mainstream practice”. The report aims to help charities assess whether they can, and how to, develop a charity’s investment strategy with its values and aims in mind.
The research, which centres round a survey of 286 charity investors, as well as a number of focus groups and individual interviews, looks at the main reasons for this shift and the type of investment policy most commonly adopted.