Ethical Performance
inside intelligence for responsible business



June 1999

The Church of England has insisted that its investment policy has not changed, despite a decision to sell £31 million worth of shares in GEC. The church's ethical investment working group made the decision after British Aerospace bought Marconi Defence Systems, a defence arm of GEC, for £7 billion. 'It is the church's long standing ethical investment policy not to invest in companies whose main business is in armaments, so we have never held shares in British Aerospace,' it said.


3BL Media News
Sign up for Free e-news
Report Alerts
Job Vacancies
Events Updates
Best Practice Newsletter