UKSIF has welcomed the updated guidance on “Charities and Investment Matters” (CC14) published by the Charity Commission today.
Penny Shepherd MBE, UKSIF Chief Executive, said:
“The Charity Commission has clearly taken into account the comments and concerns expressed by responsible investment specialists at the consultation stage.
We welcome the strong focus given to effective management of environmental, social and governance (ESG) risk within the guidance on financial investments. We welcome also the Commission’s recognition that ‘mixed motive’ investment is a significant and developing area.
Responsible investment, including social impact investment, is a rapidly evolving field and it is great that the Charity Commission guidance now reflect this.”
Read the full press release.