Eco Quakers Ireland and the Ireland Yearly Meeting (IYM) Investment Committee has produced a booklet to promote an ethical investment policy for Quaker Meetings in Ireland and for IYM Funds.
The Quakers and Ethical Investment booklet, which arose out of a widespread concern among Friends in Ireland about the investment of funds under Friends’ care, is designed to give broad guidance on investment within the ethical framework which Friends have set.
In a letter accompanying the booklet, the Investment Committee and Eco Quakers Committee urges Friends responsible for the investments of Meetings and Funds to view afresh the strategy that is being pursued.
“Monies are only useful if they are used for a purpose which is well thought out,” the letter states. “If, as a result of a review exercise, you do plan to change some of your investments, do take into account that stock markets can be very volatile as we have seen in early 2020.
“We are investing for the long term and should not be over affected by short term movements. Advice is available, both from within the Society and from outside – do seek it and take it into consideration!”
The booklet is initially being launched in digital form but some hard copies will be printed and made available at Yearly Meeting 2021.