Guidance is due to published in the Spring on how charities can improve their investment strategy to ensure it is ethical and in line with their mission.
The draft guidance on responsible investments is to be published by the Charity Commission in Spring.
The final guidance is set to be published this summer following a consultation.
“It is not for the Commission to instruct charities on how to invest their assets,” said Charity Commission director of communications and policy Paul Latham.
“But it is part of our role to ensure our guidance keeps pace with wider changes in society, so that charities feel confident to invest and use their resources effectively in line with their purpose and be accountable to the public and donors.
“We are grateful to all those who took part in last year’s listening exercise, and we hope that charities, investment managers and others will take the opportunity to offer feedback when we publish draft guidance in the Spring.”
The regulator’s guidance on responsible investments is part of wider advice on investments, which was published a decade ago and last updated in 2016.
In December last year the Big Issue founded investment platform The Big Exchange launched a savings account aimed at young people looking to invest ethically and to protect the environment.
Also last year the Association of Charitable Foundations called on charity foundations to do more to ensure their investments are promoting charity objectives.
Recent Stories