Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 


Conference of Churches Aotearoa AGM

PRESS STATEMENT – 30 Sept 2001

The Conference of Churches Aotearoa New Zealand at its annual meeting in Hamilton has adopted the Principles of Global Corporate Responsibility, and has recommended to its member churches to use these to help in the ethical dimensions of its investment decisions.

The Principles are those used by the churches and faith communities in the USA, Britain, Ireland and Canada, and are a very useful guide for New Zealand Churches to add to their existing criteria for investment, said Dr Robert Howell, convenor of the CCANZ Working Party.

The CCANZ is the ecumenical association for 13 Protestant and Orthodox Churches in New Zealand. The Working Party, with representatives from its members with significant investment funds, found that New Zealand Churches have not kept up to date with the more sophisticated techniques used by a number of overseas churches.

The Principles are used in the USA by an association of 275 Protestant, Roman Catholic and Jewish institutional investors with an estimated US$90 billion in funds. A rough estimate of New Zealand Protestant Church investments would be in the order of NZ$1 billion. While we are small in comparison, said Dr Howell, there is still a moral and religious imperative to invest wisely and responsibly.

The Working Party however expressed concern that a number of existing opportunities for ethical investment in New Zealand use inadequate methodology and measures that have not been validated. The CCANZ adopted the Working Party’s recommendation to encourage wider debate and education about what is ethical or socially responsible investment and corporate behaviour.

Issued by Michael Earle, General Secretary


Contact: Dr Howell Tel 09 416 5170 025 242 6515

A full list of the Members of the CCANZ can be found at www.ccanz.godzone.net.nz

A copy of the Working Party report can be obtained from Dr Howell at r.howell@martech.co.nz

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Politics
Search Scoop  
 
 
Powered by Vodafone
NZ independent news