A073 (Encouraging Faithful, Ethical, and Responsible Investing)

House of Deputies Message #194

The House of Deputies informs the House of Bishops that on Jul 10, 2022 it considered resolution A073 (Encouraging Faithful, Ethical, and Responsible Investing). The house acted to:

Concur


Resolved, the House of Deputies concurring,

<Amended text as it would appear if adopted and concurred. Scroll below the line of asterisks (******) to see the version showing all deleted and added text.> 

That the 80th General Convention affirm to all institutional investors across the Church the value and importance of faithful and ethical investing (defined as investing institutional assets consistently with the Church’s faith and teachings and the Church’s mission) and responsible investing (defined as addressing, ethical concerns for social, environmental and governance matters, including climate change and human rights); and be it further 

Resolved, that all institutional investors across The Episcopal Church be encouraged to adopt faithful and ethically responsible investing for their investment programs and portfolios and to manage their investment assets using the following elements of ethically responsible investing: ethical and theological guidelines for investment selection and management; shareholder engagement, including voting proxies; and investing for responsible social and environmental outcomes as well as for financial return. 

***** 

<Proposed amended resolution text showing exact changes being made:> 

That the 80th General Convention affirm to all institutional investors across in the Church the value and importance of faithful and ethical investing (defined as investing institutional assets consistently with the Church’s faith and teachings and the Church’s mission) and responsible investing (defined as addressing, ethical concerns for social, environmental and governance matters, including climate change and human rights); and be it further 

Resolved, that all institutional investors across in The Episcopal Church be encouraged to adopt faithful and ethical investing and ethically responsible investing for their investment programs and portfolios and to manage their investment assets using the following elements of ethically responsible investing: ethical and theological guidelines for investment selection and management; shareholder engagement, including voting proxies; and investing for responsible social and environmental outcomes as well as for financial return.