Church in Wales investments can be a force for good, says Bishop of Swansea and Brecon
THE Church in Wales can exert influence for good through how it invests its money, the Bishop of Swansea and Brecon has said.
Speaking ahead of a conference on ethical investment in Cardiff this weekend, Bishop John Davies said investment was a very important part of the stewardship of the resources of the church but that investments had to be of the highest standards.
Bishop John said: "Investing ethically doesn't just mean avoiding companies we disapprove of. We can use the influence our investments give us to ask difficult and probing questions and to press companies to raise their standards.
"Just as we want our direct spending to do the most good possible, so we want our investments and the power they give us to reflect our Christian principles of care for the wellbeing of people and of the environment, at home and abroad."