“We are looking to tackle an issue that is a major concern for charities” David Palmer, Chief Executive Officer
Epworth Investment Management Limited, the UK investment manager dedicated to serving the needs of churches and charities, today announces plans to hold a Beyond Fossil Fuels Seminar for charities in London on 19 September 2019. Its purpose is to consult about launching a new Epworth Fund that will meet the needs of those charities that no longer wish to invest in fossil fuels.
There has been a long running debate about whether it remains appropriate for charities to invest in fossil fuels. Epworth only invests in fossil fuel companies whose business models are compatible with the Paris Accord and we engage to drive positive change. We are aware that for some charities, this is not enough, and they wish to divest completely.
The Seminar will explore just what does divesting from fossil fuels mean? Is it simply about exiting oil majors? What about other carbon intensive industries? What does it mean for a charity’s investment portfolio, income and returns? What is the role of positive investing and which investments should replace those divested?
“We are looking to tackle an issue that is a major concern for charities. As stewards of our investors’ money, it is important that we fully reflect their requirements. This Seminar will allow us to explore the issue in depth, before delivering a high quality fossil free investment solution that meets the needs of those UK charities who wish to divest.”
If you are a charity and are interested in attending the seminar, please email:
email@example.com advising your role and charity number. Spaces will be limited and we will provide further information to all attendees ahead of the Seminar.