'Two fundamental moral principles guide our work in managing assets: the principle of human dignity and
the concept of stewardship.'
– Church of Sweden
FOR PEOPLE AND PLANET
FaithInvest is an international nonprofit organisation that assists faith groups to invest in line with their beliefs and values. Our aim is to support the rapidly developing movement of faiths actively using their investments to create a better world – for people and planet.
Connects the faiths. We build bridges between faiths; between religious leaders and investment leaders; and to the wider faith community
Provides a network for faith investment decision makers to share their experiences, best practice and investment challenges
Assists the faiths in developing faith-consistent investment policies and guidelines
Facilitates training, education and support to assist the faiths in developing their investment and technical skills and confidence
Engages the finance world about the investment needs of the faiths
Helps to create a pipeline of investable projects through faith networks through partnerships
FaithInvest was formed through the collaboration of significant religious investors, philanthropies, the United Nations, national governments, and investment firms with impact investment expertise. It was incubated by our founder organisation, the Alliance of Religions and Conservations (ARC), a UK-based international NGO founded by HRH Prince Philip in 1995.
The concept of FaithInvest originated at a landmark meeting of faith investors, investment specialists, the United Nations and NGOs in Zug, Switzerland in 2017.
However, its roots go much further back.
ARC, in partnership with Citigroup, began to explore with partners such as ICCR and people involved in faith finance, whether the investment power of the religions could be a major environmental force for good.
TIMELINE OF EVENTS
ARC published the ground-breaking paper, Faith in Finance, which was commissioned by OECD and UNDP to explore the role of faiths as investors, particularly in connection to the strategic development goals (SDGs) created last year by the United Nations.
These consultations and research led to the creation of a new independent foundation, 3iG – the International, Interfaith, Investment Group – to promote faith-consistent investing. 3iG undertook some important research but ultimately failed: it was ahead of its time.
The UN asked ARC to organise the only formal consultation of the faiths about the new Sustainable Development Goals (SDGs). The conference led to the Bristol Commitments – pledges of practical action by the faiths to support the SDGs. Included were significant aspirations around investing in line with their values.
ARC organised a landmark meeting of 50 faith traditions, investment houses, foundations and the UN in Zug, Switzerland. The meeting included the publication of the Zug Guidelines (see below) outlining the investment priorities and of different faith traditions. By unanimous agreement, it was agreed a new alliance was needed to accelerate faith-consistent investing.
Nov 2017-Sept 2019
Following the Zug meeting, a development committee was set up to work on the new alliance, and FaithInvest was launched in 2019 (see below).
2019: Launch of FaithInvest
FaithInvest was created out of the growing interest in faith-aligned investing, which had been accelerated by the launch of The Zug Guidelines at ARC's 2017 meeting and by the realisation that the faiths, in combination, represent a significant investment force.
Indeed, if connected, the faiths would be a significant investment bloc in the financial world. As a unified consortium, the faiths together, as shareholders and investors, could have important ownership and influence in public companies and private investments that could make our world a better place.
Our aim is to help ensure that the billions of dollars owned and managed by the faiths can be directed to faith-aligned and values-driven investments supporting environmental and sustainable development.
The Zug Guidelines to
They outline the investment priorities for dozens of traditions from eight of the world's major faiths – Buddhism, Christianity, Daoism, Hinduism, Islam,
Judaism, Sikhism and Shintoism –
alongside the ethical rationale behind
their investment decisions.
The Zug Guidelines focus on how faiths
can use their investments to support
environmental and sustainable
development for a better world.
They helped to fuel an unprecedented
interest in faith-aligned investing. Now
more than 40 such guidelines exist.
Helping the faiths engage with and inspire the investing world. Helping the investing world navigate and support the faiths.
Registered charity number: 1187015
Unit 2.1, Streamline
436-441 Paintworks, Arnos Vale,
Bristol, BS4 3AS, UK
Tel: +44 (0)117 214 1720