Oct. '22 Launch for 'Bold Plans and Faith-consistent Investing'
Press release: Faith leaders and asset managers will come together in London in October at a high-profile event organised by FaithInvest, a global non-for-profit network for religious investors and faith-based institutional investors.
The title – 'Bold Plans and Faith-Consistent Investing' – is drawn from the Multi-Faith Statement issued by over 40 faith representatives from many different religions, led by Pope Francis and issued at the Vatican on 4 October 2021 in response to the Glasgow COP26 climate conference.
'The summit will bring together faith-based asset owners, values-driven investment organisations, philanthropies, and NGOs,’ said FaithInvest CEO Martin Palmer.
'Our aim is to consider how best to mobilise faith-owned assets and investments for people and planet – including what has developed out of the Multi-faith Statement signed in October 2021.'
The London event, occurring one year after the Multi-faith Statement and five years after the publication of the Zug Guidelines to Faith-Consistent Investing, will also bring together leaders of other networks and groups playing a leading role in action for people and planet. The event will:
celebrate the many advances that have been achieved to date
acknowledge the structural barriers that remain
make significant announcements on major faith-based asset initiatives
contribute to the faith action plans for the next climate conference, COP27
It will also include participation by several groups and organisations including:
British Foreign, Commonwealth and Development Office
Vatican Dicastery for Promoting Integral Human Development
The Prince of Wales's Accounting for Sustainability initiative, 'A4S'
World Bank's Climate Investment Fund.
The findings will be taken forward by the British Foreign Office when it hands over its presidency of the climate negotiations process to Egypt at COP27 in November.