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By Gail Moss2021-05-05T08:00:00+01:00
The UK’s Charity Commission has launched a public consultation on revised guidance covering socially responsible investing (SRI) by charities.
The revisions are based on a listening exercise which the Commission carried out last year to help it understand the barriers deterring trustees from making responsible investments.
Some respondents to that exercise had identified the Commission’s investment guidance as one of those barriers.
Trustees generally have a legal duty to seek the best financial returns from investments within the level of risk considered acceptable, but they can also make financial investments in ways that align with their charity’s purpose and values.