Promoting a stronger ethical investment policy in the Christian Churches

Executive Committee Report
for 2002

Review of the Year

www.ceig.org
is all you need!

During Autumn 2002 our website expanded considerably with on-line free registration and access to Ethical Investment Advisory Group publications! Keep in touch here!
This report and our accounts for 2002 can be found in the history part of the Web-site. (*)

Our Website provides members with:

  • up-to-date information on Group activities,
  • a library of reference material specifically aimed at ethical investment in Christian organisations and by Christians,
  • resumes of meetings shortly after they have taken place,
  • a quick response to queries on ethical investment, and
  • links to sites sponsored by our Corporate Members.

Please let us know what you think about the web-site and how we might improve it. Just e-mail us at info@ceig.org

* Note: We appreciate that not everyone has easy access to the Internet. If you would like copies of materials mentioned on the Internet through the post please contact :
The Secretary, 1, St. George's Close, LEIGHTON BUZZARD, Bedfordshire LU7 1ZX.

Annual Meeting 18th March 2002
'Where's God in Ethical Investment?' Held on a weekday evening, the annual meeting was less well attended than in 2001. Richard Burridge, Dean of King's College London addressed this central theme which he has also spoken to at General Synod. He drew a clear distinction - and shared concerns - for us between Christian and NGO action. Anthony Bolton, Fidelity's leading UK fund manager, responded from the commercial investment perspective, explaining the issues that influence investment management.

York Synod: Members attended the EIAG fringe meeting 'Progress through Engagement', where there was a vigorous discussion on voting policy involving the 1st Estates Commissioner. However the Synod was overshadowed for us by the news of Mike Tyrrell's death just 3 weeks later.

On behalf of the Executive Committee

Gavin Oldham

Acting Chair
15th February 2003

 

 

Mike Tyrrell (1948-2002) It is hard to over-estimate the contribution that Mike made to CEIG over the past 10 years. His death on a cycling holiday in July was a great shock for us all, and many members attended his funeral in Leamington Spa. His widow Sidney wrote: "Mike was perhaps most proud of his work in and with CEIG ..... I am so glad Bishop Simon gave it a 'proper' mention ....at the funeral."

Our meeting at the November General Synod was on the FTSE4Good Index. Will Oulton, Deputy Chief Executive of the FTSE Group, had prepared a slide presentation (contact us for details). There was a good question session, and we were encouraged to hear the progress already made.

Our accounts for the year show an excess of receipts over payments of £1,719 principally due to strong subscription growth and donations. The Executive Committee intends to spend up to £1,000 advertising for free web membership and build the number of (paid-up) Corporate accounts.

The Committee met four times in the year. Those who served during the year were Jane Addison (Treasurer), David Allen (appointed September 2002), Darryll Candy, Stephen Dunham (Webmaster and now Secretary), Ian Gascoigne, Alistair Hanton, Eaver McMahon, Gavin Oldham (Acting Chair), Patricia Raikes, and Mike Tyrrell.

"Jesus, our Light and Lord, who preached in terms financiers use and taught we should give to this world's powers their due, you drove traders from your Father's house and revealed how hard Heaven's access is for those who prosper; give us eyes to see the human faces of worldly wealth and poverty, and make yours our management of their complexities so that those among us who buy and sell, labour and invest, may do so only in your just and loving name and always to your Father's glory and the welfare of all." (The closing prayer at our 2002 AGM)


2003 plans and prospects
Our Annual Meeting Event is at 10 am on 22nd March 2003 at Wesley's Chapel, 49 City Rd., London. The subject will be 'Ethical Risk'
For details of other meetings see www.ceig.org (*)



click button to download this document as an Acrobat (.pdf) file -
in Windows, right-click and choose 'save target as'.