C of E Investments on the Up

The Church of England (CofE) has said its biggest investment fund has grown by £500 million over the past year after a strong performance.

Investments grew 15.2% in 2010 with the value of the fund rising from £4.8 billion to £5.3 billion, said the Church Commissioners.

The closed fund is used to pay clergy pensions for those in service before 1998 and to support cathedrals, bishops, mission activity and parishes in the most needy areas of the country.

Catholic Foundation offers Investing Tips

The desire for profit sometimes trumps ethics in the business world, but one local faith organization wants to show that the two can go hand in hand.

The Orange Catholic Foundation, which is affiliated with the Roman Catholic Diocese of Orange, will hold its ninth annual Conference on Business and Ethics on Thursday morning at the Orange County/Costa Mesa Hilton hotel.

The half-day event will feature conservative radio talk show host Dennis Prager and Father Seamus Finn, a board member at the New York-based Interfaith Center on Corporate Responsibility.

Christians call for BP Ethics

Last week came the news that UK and US faith investors, primarily Christian churches, had found common cause in relation to BP, the oil giant that held its annual general meeting last Thursday.
As described on these pages, they want BP to improve its safety.

The UK churches persuaded their US brethren not to add a shareholder resolution to the meeting’s agenda calling explicitly for an improvement, but to continue making their presence felt through less formal channels.

Don't fall into the Energy Trap

With the UK's plans for more nuclear power looking increasingly precarious as a result of the economic fallout from the stricken Fukushima plant in Japan, the interchurch group Christian Ecology Link, is urging the Government not to return to burning coal, but to turn to renewable energy, and invest in insulating Britain's notoriously inefficient homes.

Anger at Church Divestment

Anglicans have placed the 'ash of repentance' on the HQ of the Church of England today, in protest against the way low income families have been treated.

The symbolic action, religiously associated with Holy Week, took place at Church House, Great Smith Street, SW1 in a Service of Repentance at 3pm on 19 April 2011.

Ashes are a traditional symbol of penitence associated with the season of Lent - on the journey towards remembrance of the death of Jesus on Good Friday, and the celebration of new life at Easter.