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opportunity with integrity

The CFB is committed to seeking both superior returns and improving ethical standards.

Positive approach

We seek to improve the ethical profile of our portfolios by avoiding investments in particular businesses and encouraging better practices in others.

Company engagement

We view our investments as long term partnerships with company managements. We engage in constructive dialogue and practise active voting to challenge social, environmental and ethical considerations.

Integrated process

Ethical research integrated with financial analysis is key to our investment process. Fund managers are responsible for both financial and ethical analysis.

Clear policy

Comprehensive policy statements and position papers offer a reference for clients and a clear focus for fund managers.

Theological grounding

The Joint Advisory Committee on the Ethics of Investment provides a unique and robust mechanism for testing ethical investment decisions against theological principles.

Quarterly review
December 2021

Climate Emergency

COP26, the United Nations Climate Change conference was held in Glasgow in October 2021. A new global agreement, the Glasgow Climate Pact, was reached at the summit, which sets the agenda for climate change over the next decade. Included in the pact was an agreement by countries to “phase out” the use of coal, and further emissions reduction targets. Rev Dr Andrew Harper, our Head of Ethics, was at COP26 and represented the CFB/Epworth at a panel discussion on what the Methodist Church is doing on the climate emergency.

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Modern Slavery

As part of the Find it, Fix it, Prevent it initiative on modern slavery, we attended a roundtable hosted by CCLA and the Home Office. The event facilitated investment organisation to feed into the UK Government’s review of their 2014 Modern Slavery Strategy. Later in the quarter, we met with Intercontinental Hotels Group to discuss recent work it has been doing to strengthen its human rights due diligence in its recruitment practices, including implementing a checklist to help drive responsible recruitment practices.

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Fair Tax Mark

Tax transparency remains an important piece of engagement work we are undertaking, and in the quarter, we contacted two additional companies to encourage them to become Fair Tax Mark accredited. During the quarter, the Fair Tax Foundation launched the Global Multinational Business Standard, which means the Fair Tax Mark can be achieved by companies headquartered outside the UK.

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More quarterly reviews



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Voting policy →

the Methodist Church

The Joint Advisory Committee on the Ethics of Investment (JACEI) provides CFB with advice on ethical issues and reports to the Methodist Conference on CFB compliance with the aims and objectives of the Church.

JACEI Report

The JACEI Report is produced for the Methodist Conference outlining its activities each year. An abbreviated version is also produced. Together they provide a comprehensive survey of the issues that we have addressed.

Joint Advisory Committee on the Ethics of Investment Report 2021 Joint Advisory Committee on the Ethics of Investment Report 2020 Joint Advisory Committee on the Ethics of Investment Report 2019

The Climate emergency

Evidence continues to mount that the Earth is warming and yet greenhouse gas emissions continue to rise.

Read the CFB and JACEI's response →

PRI Assessment Report 2020

As a PRI Signatory (Principles for Responsible Investment), we are pleased to announce that we attained the highest rating of A+ for our overall Strategy and Governance in the 2020 PRI Assessment Report. In fact, we scored above the median rating in all categories and are proud to share our latest report.

Read the report →

in partnership

Carbon Disclosure Project Church Investors Group IIGCC, Institutional Investors Group on Climate Change Access to Medicines Index Access to Nutrition Index FAIRR ECCR, The Ecumenical Council for Corporate Responsibility EITI< The Extractive Industries Transparency Initiative Institutional Shareholder Services Sustainalytics TRUCOST UNPRI UKSIF Business Benchmark on Farm Animal Welfare, BBFAW

Active membership of global networks and partnerships provide a powerful united voice when dealing with multinational corporations and assist us and our clients to make informed ethical investment decisions.

The Stewardship Code

The CFB supports investor engagement with companies and is a signatory to the Financial Reporting Council's Stewardship Code

Montréal Pledge

The CFB is a signatory of the Montréal Carbon Pledge and is committed to a voluntary disclosure of the results. Read the CFB's Montréal Pledge Disclosure.

Have your say...

Our ethics are based on Methodist Church principles. We welcome feedback on an ethical issue. If you would like to discuss these please contact the Chair of JACEI Stephen Wigley on 020 7467 5245.