Posted on 02/07/2018 6:24:40 AM PST by Oldeconomybuyer
Slash CEO income, bring more women on board and go low carbon, Church Investors Group tells companies.
The Church Investors Group has warned some of Britain’s biggest companies it intends to take a hard line on executive pay, gender diversity and climate change over the forthcoming annual meeting season.
The group, which represents church organisations with combined investment assets of about £17bn, has told companies listed on the FTSE 350 index it will refuse to re-elect directors at firms failing to make sufficient progress in key areas.
“The best companies contribute to the common good through their products and services and the way they treat their employees,” said the Reverend Canon Edward Carter, chair of the CIG.
“Their directors understand that if they are not doing something about fairness and about the risks facing us today, they are part of the problem and risk losing the confidence of the public and ultimately their licence to operate.”
The group’s members have invested in companies including Tesco, Royal Dutch Shell, AstraZenca and HSBC. It backs investment policies based on Christian ethical principles and represents institutional investors from mainstream Christian church denominations and charities, including the main investment bodies of the Church of England and the Methodist Church.
(Excerpt) Read more at theguardian.com ...
The mainstream churches are nothing more than social justice warriors with a cross here and there.
Saddest part is that we are Episcopalian and people have rightfully pre-judged us because of that affiliation, and we have very few new members.
Our Diocese of Central Florida is quite conservative.
If you are ever in Winter Haven, FL., check out St. Paul's on Avenue L.
Thank God for free enterprise. Of course, this is Britain so it is questionable just how “free” it is these days.
I’m curious what their stance is on the charities they allow membership to supporting abortion.
Many have been poisoned
Does anyone want to place any bets as to whether any of these so called churches preaches the Gospel of Jesus Christ?
Used to be a time when the message was Jesus and the warnings revolved around what waited you if you did not accept Jesus as Lord and Savior....
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