Annual Report 2020 the Church Commissioners the Church Annual 2020 Report the Church Commissioners Annual Report 2020

Total Page:16

File Type:pdf, Size:1020Kb

Annual Report 2020 the Church Commissioners the Church Annual 2020 Report the Church Commissioners Annual Report 2020 Supporting the work and mission of the The Church Commissioners for England Church of England Annual Report 2020 The Church Commissioners Annual Report 2020 Annual The Church Commissioners The Church Commissioners Annual Report 2020 Supporting the work and mission of the Church of England Presented to Parliament pursuant to section 12(2) of the Church Commissioners Measure 1947 Copyright © 2021 THE CHURCH COMMISSIONERS FOR ENGLAND Any enquiries about this report should be send to the Church Commissioners’ Secretariat at their registered office: Church House Great Smith Street London SW1P 3AZ [email protected] Registered Charity Number 1140097 This document is available for download at: cofe.io/CCAnnualReport2020 Overview Foreword by the Archbishop of Canterbury and the First Church Estates Commissioner 02 The Church Commissioners at a glance 03 Aims and objectives 04 Looking forward – letter from the Chief Executive 08 Supporting the Church of England Supporting dioceses and the local church 09 Bishops’, Archbishops’ and Cathedrals’ ministry 14 Parish reorganisation and Church property 16 Investing for the Future Investment policy and investment objectives 18 Social, environmental and ethical considerations in our Responsible Investment policy 22 List of larger holdings, property and equity 24 Financial Review A review of our 2020 financial activity 26 Long-term financial strategy 27 Going concern and carbon reporting 28 Risk Management Statement 30 Governance How the charity is constituted 36 Organisational structure and staffing 38 Board of Governors and Trustees 40 Trustees’ Responsibility Statement 44 Distribution Information Money available resolution and summary report from the independent actuaries 45 Financial Statements Independent Auditor’s Report 47 Consolidated statement of financial activities 49 Commissioners’ statement of financial activities 50 Balance sheets 51 Consolidated cash flow statement 52 Notes to the financial statements 53 Cover image: Portsmouth Cathedral. Church Commissioners Annual Report 2020 01 Foreword by the Archbishop of Canterbury and the First Church Estates Commissioner It is with real gratitude that we are able operational and governance frameworks In 2020 we moved towards our goal of a net to report on the work of the Church and bring cathedrals within the ambit of zero carbon portfolio by 2050 by engaging Commissioners at the end of 2020, Charity Commission legislation, ensuring with companies and policy makers and a year which challenged us all. The alignment with best practice elsewhere in through joining the Net-Zero Asset Owner Commissioners continued to show the third sector. Alliance. The Church Commissioners also leadership and support for dioceses, began to develop a framework with cathedrals and churches whilst upholding Providing support for the Church is only independent specialists, which we will use the good stewardship of the historic assets possible because of the positive financial to assess the ESG aspects of our real estate entrusted to them. returns we have achieved. The holdings. This ESG framework will underpin Commissioners’ investments beat their management of our development land and The Commissioners stepped in with 2020 target despite the volatility and ensure it is used in the most sustainable financial support as people looked to the uncertainty in the markets. Our longer-term way possible. Church during this time of tremendous results also remained strong, with spiritual and practical need. At the same performance over five, ten and 30 years all We extend our thanks to Bishop David time, the Church itself was challenged by ahead of our target returns. We extend our Walker for his excellent chairing of the the impact of the COVID-19 pandemic, not thanks to those in the Investment division Commissioners on Justin’s behalf, to least by its acute consequences on finances for their excellent management of the fund. Andrew Brown for his long and dedicated at the local, diocesan and national level. service as CEO until his retirement in January As signatories to the United Nations-backed and to Gareth Mostyn for a tremendous first In March, the Church Commissioners, in Principles for Responsible Investment, year as Andrew’s successor. partnership with the Archbishops’ Council, we are committed to integrating ESG announced liquidity measures to assist (environmental, social and governance) Our colleagues showed exceptional dioceses and cathedrals whose finances considerations into the stewardship of assets commitment in 2020, especially given the were adversely affected by the pandemic. across our portfolio. Being Responsible extraordinary circumstances and added The first package totalled £75m of liquidity Investors is essential to managing the pressures of working from home, caring support, and the second was a £35m Church’s assets and our efforts achieved duties and social isolation. We remain diocesan sustainability fund. Together with external recognition in 2020 with several grateful to them and appreciate the resilience the Cathedral Sustainability Fund, which industry awards. Our approach to they have demonstrated. was replenished during 2020 with an Responsible Investment (‘RI’) includes and additional £10m on top of the originally goes beyond ethical exclusions to It is our prayer for the future, as we emerge budgeted allocation, these were prioritised encompass stewardship of climate change from the COVID-19 pandemic, that we share to give short-term assistance to dioceses impacts, proactive company engagement the good news of Jesus Christ through the and cathedrals in 2020 and 2021. on other issues of concern, impact investing work of the Church with the support of the and collaboration with other asset owners. Church Commissioners. Aside from this emergency backing, supporting the work and mission of We and our National Investing Bodies Justin Welby England’s cathedrals has always been a colleagues restricted investment in nine Archbishop of Canterbury priority for the Church Commissioners. companies that fail to meet our climate Our thanks go especially to Eve Poole, the standards, while 12 companies made Loretta Minghella Third Church Estates Commissioner, who changes to stay off the restricted list. This First Church Estates Commissioner played a pivotal role in preparing the way for was the first time investment was restricted the safe passage and implementation of the in companies that fall short of specific Cathedrals Measure, which gained final carbon emissions standards, and approval from General Synod and is on demonstrated our commitment to delivering track for Royal Assent in 2021. The on our 2018 agreement with Synod. Cathedrals Measure is set to strengthen 02 Church Commissioners Annual Report 2020 The Church Commissioners at a glance 2020 2019 Overview £162 .5m £117. 5 m Total charitable expenditure Total charitable expenditure excluding clergy pensions obligation* excluding clergy pensions obligation* 10.4% 10.0% Total return 2020 Total return 2019 9.5% 8.5% Supporting the Church of England Total return (30 years) Total return (30 years) £99.1m £59.4m Supporting dioceses Supporting dioceses and the local church and the local church Investing for the Future Financial Review Financial £42.5m Governance Bishops’ and Archbishops’ ministry £37.9m Bishops’ and Archbishops’ ministry £20.0m Information Distribution Cathedrals’ ministry £10.5m Cathedrals’ ministry £5.5m £5.1m Other activities Other activities £118 . 9 m £120.1m Statements Financial * Total cash paid on * Total cash paid on clergy pensions in 2020 clergy pensions in 2019 Investment fund: £9.2bn Investment fund: £8.7bn Church Commissioners Annual Report 2020 03 Aims and objectives Our strategic priorities The Church Commissioners’ strategic focus is to support the Church of England’s ministry, particularly in areas of need and opportunity. Aims Strategic objectives 2020 achievements 2021 priorities 1. Supporting Church’s Help to ensure the Commissioners’ funding — New governance arrangements established — Work in partnership with the Archbishops’ is intentionally used for mission and growth for fund distribution, including new grant Council to ensure diocesan funding streams ministry through funding streams. continue to be deployed in line with agreed effective use of — Contributed substantial emergency COVID-19 criteria and in accordance with need, Commissioner liquidity and funding support to Church. reflecting ongoing impact of COVID-19. funding — Helped Archbishops’ Council establish — Manage replenished Cathedral Sustainability new social impact investment portfolio. Fund to address strategic priorities and — Completed Lambeth Palace Library COVID-19-related support. construction within budget. — Complete the move into and open the new Lambeth Palace Library, realising the vision to collect, preserve and make accessible the collections so they can be explored and enjoyed by all. 2. Supporting Support different parts of the Church to — Cathedrals Measure received final approval — Implement new Cathedrals Measure and Church’s ministry enhance their use of resources to advance at General Synod. establish co-regulation function with the mission and growth — Maintained effective operation of adjudicatory Charity Commission. through practical functions, providing additional support to — Ensure continued fairness in adjudicatory guidance and diocesan teams during lockdown period. functions under the Mission and Pastoral effective processes — Issued guidance
Recommended publications
  • GENERAL SYNOD February 2021 QUESTIONS & WRITTEN ANSWERS
    GENERAL SYNOD February 2021 QUESTIONS & WRITTEN ANSWERS This paper lists written answers to questions submitted under Standing Orders 112-114 & 117. The Business Committee agreed on this occasion to exercise the provision under S.O. 117 to allow members the opportunity to give notice of questions for written answers between Groups of Sessions. The next Question Time also including a provision for supplementary questions will be at the next scheduled Group of Sessions (not, for the avoidance of doubt, at the webinar for Synod members on 27 February 2021). INDEX QUESTION 1 ARCHBISHOPS’ COUNCIL Safeguarding core groups & confidentiality Q1 QUESTIONS 2 – 23 HOUSE OF BISHOPS Vision & Strategy: learnings from local views Q2 Vision & Strategy and Setting God’s People Free Q3 Mission & effective use of church buildings Q4 Optimum level for administrative functions Q5 Climate change: reduction in emissions Q6 Abortion: view about pills by post Q7 Abortion: response to Government consultation Q8 Holy Communion: individual cups Q9 Holy Communion: legal opinion Q10 Holy Communion: distribution in both kinds Q11 LLF: conversion therapy Q12 Transgender and same sex marriage Q13 Selection & same sex marriage: policy Q14 Selection & views on same sex marriage Q15 The Culture of Clericalism Q16 Bullying of clergy by laity Q17 IDG Report: publication & follow up Q18 Safeguarding: scheme for support of survivors Q19 Withdrawn PTOs: guidelines Q20 Safeguarding: costs re Smyth case Q21 Safeguarding: publication of Makin Review Q22 Safeguarding: protocols
    [Show full text]
  • The Cathedral Church of St Peter in Exeter
    The Cathedral Church of St Peter in Exeter Financial statements For the year ended 31 December 2019 Exeter Cathedral Contents Page Annual report 1 – 13 Statement of the Responsibilities of the Chapter 14 Independent auditors’ report 15-16 Consolidated statement of financial activities 17 Consolidated balance sheet 18 Cathedral balance sheet 19 Consolidated cash flow statement 20 Notes 21 – 41 Exeter Cathedral Annual Report For the year ended 31 December 2019 REFERENCE AND ADMINISTRATIVE INFORMATION Governing statute The Cathedral’s Constitution and Statutes were implemented on 24 November 2001 under the Cathedrals’ Measure 1999, and amended on 18 May 2007, 12 March 2014 and 14 January 2016, under the provisions of the Measure. The Chapter The administrative body is the Chapter. The members of the Chapter during the period 1 January 2019 to the date of approval of the annual report and financial statements were as follows: The Very Reverend Jonathan Greener Dean The Reverend Canon Dr Mike Williams Canon Treasurer The Reverend Canon Becky Totterdell Residentiary Canon (until October 2019) The Reverend Canon James Mustard Canon Precentor The Reverend Canon Dr Chris Palmer Canon Chancellor John Endacott FCA Chapter Canon The Venerable Dr Trevor Jones Chapter Canon Jenny Ellis CB Chapter Canon The Reverend Canon Cate Edmond Canon Steward (from October 2019) Address Cathedral Office 1 The Cloisters EXETER, EX1 1HS Staff with Management Responsibilities Administrator Catherine Escott Clerk of Works Christopher Sampson Director of Music Timothy
    [Show full text]
  • Winchester Cathedral Record 2020 Number 89
    Winchester Cathedral Record 2020 Number 89 Friends of Winchester Cathedral 2 The Close, Winchester, Hampshire SO23 9LS 01962 857 245 [email protected] www.winchester-cathedral.org.uk Registered Charity No. 220218 Friends of Winchester Cathedral 2020 Royal Patron Her Majesty the Queen Patron The Right Reverend Tim Dakin, Bishop of Winchester President The Very Reverend Catherine Ogle, Dean of Winchester Ex Officio Vice-Presidents Nigel Atkinson Esq, HM Lord Lieutenant of Hampshire Cllr Patrick Cunningham, The Right Worshipful, the Mayor of Winchester Ms Jean Ritchie QC, Cathedral Council Chairman Honorary Vice-President Mo Hearn BOARD OF TRUSTEES Bruce Parker, Chairman Tom Watson, Vice-Chairman David Fellowes, Treasurer Jenny Hilton, Natalie Shaw Nigel Spicer, Cindy Wood Ex Officio Chapter Trustees The Very Reverend Catherine Ogle, Dean of Winchester The Reverend Canon Andy Trenier, Precentor and Sacrist STAFF Lucy Hutchin, Director Lesley Mead Leisl Porter Friends’ Prayer Most glorious Lord of life, Who gave to your disciples the precious name of friends: accept our thanks for this Cathedral Church, built and adorned to your glory and alive with prayer and grant that its company of Friends may so serve and honour you in this life that they come to enjoy the fullness of your promises within the eternal fellowship of your grace; and this we ask for your name’s sake. Amen. Welcome What we have all missed most during this dreadfully long pandemic is human contact with others. Our own organisation is what it says in the official title it was given in 1931, an Association of Friends.
    [Show full text]
  • Wells Cathedral Library and Archives
    GB 1100 Archives Wells Cathedral Library and Archives This catalogue was digitised by The National Archives as part of the National Register of Archives digitisation project NR A 43650 The National Archives Stack 02(R) Library (East Cloister) WELLS CATHEDRAL LIBRARY READERS' HANDLIST to the ARCHIVES of WELLS CATHEDRAL comprising Archives of CHAPTER Archives of the VICARS CHORAL Archives of the WELLS ALMSHOUSES Library PICTURES & RE ALIA 1 Stack 02(R) Library (East Cloister) Stack 02(R) Library (East Cloister) CONTENTS Page Abbreviations Archives of CHAPTER 1-46 Archives of the VICARS CHORAL 47-57 Archives of the WELLS ALMSHOUSES 58-64 Library PICTURES 65-72 Library RE ALIA 73-81 2 Stack 02(R) Library (East Cloister) Stack 02(R) Library (East Cloister) ABBREVIATIONS etc. HM C Wells Historical Manuscripts Commission, Calendar ofManuscripts ofthe Dean and Chapter of Wells, vols i, ii (1907), (1914) LSC Linzee S.Colchester, Asst. Librarian and Archivist 1976-89 RSB R.S.Bate, who worked in Wells Cathedral Library 1935-40 SRO Somerset Record Office 3 Stack 02(R) Library (East Cloister) Stack 02(R) Library (East Cloister) ARCHIVES of CHAPTER Pages Catalogues & Indexes 3 Cartularies 4 Charters 5 Statutes &c. 6 Chapter Act Books 7 Chapter Minute Books 9 Chapter Clerk's Office 9 Chapter Administration 10 Appointments, resignations, stall lists etc. 12 Services 12 Liturgical procedure 13 Registers 14 Chapter and Vicars Choral 14 Fabric 14 Architect's Reports 16 Plans and drawings 16 Accounts: Communar, Fabric, Escheator 17 Account Books, Private 24 Accounts Department (Modern) 25 Estates: Surveys, Commonwealth Survey 26 Ledger Books, Record Books 26 Manorial Court records etc.
    [Show full text]
  • Lambeth Palace Library Research Guide Sources for Church Property
    Lambeth Palace Library Research Guide Sources for Church Property 1. Why did the Church Hold Property?............................................................................... 2 2. The Various Kinds of Church Property ........................................................................... 2 2.1. Introduction ................................................................................................................ 2 2.2. Benefice Property ...................................................................................................... 2 2.3. Preferment Estates .................................................................................................... 3 2.4. Church Commissioners ............................................................................................. 4 2.5. Tithes......................................................................................................................... 5 2.6. Church Trusts ............................................................................................................ 5 2.7. Diocesan Boards of Finance ...................................................................................... 6 2.8. Commonwealth Ecclesiastical Estate Administration ................................................. 6 2.9. National Enquiries into Church Property .................................................................... 6 3. Research Value ............................................................................................................. 7 4. Other
    [Show full text]
  • Anglicans and Old Catholics Serving in Europe 2019 Report
    Anglicans and Old Catholics Serving in Europe A Report of the Anglican–Old Catholic International Coordinating Council 2013–2019 to the Anglican Consultative Council 17 Hong Kong April/ May 2019 and the International Bishops’ Conference, Lublin June 2019 AOCICC Amersfoort 2013 Kilkenny 2014 Contents Preface by the Co-Chairs 5 Executive Summary 7 Members of the Council 2013–2019 8 1 Introduction 9 a Bonn 1931: Belonging together 9 b The context of Europe: Walking together in an evolving Europe 10 c The context of the ecumenical movement 11 2 The significance of the Bonn Agreement today 13 a An Anglican Communion perspective 13 b An Old Catholic perspective 14 3 The AOCICC’s story 1998–2019 16 4 Outworking of the AOCICC mandate 19 a The AOCICC’s work achieved 2013–2019 19 b. Mandate i: ‘To continue to explore the nature and meaning of our communion’ 20 Mandate ii: ‘To promote knowledge of our churches and their relationship’ 22 Mandate iii: ‘To assist the annual meeting of Old Catholic and Anglican bishops’ 27 Mandate iv: ‘To explore the possibility of establishing a representative body’ 30 Mandate v: ‘To advise on the establishment of appropriate instruments’ 32 Mandate vi: ‘To review the consistency of ecumenical agreements’ 34 5 Proposals for the next AOCICC mandate 36 For submission to ACC-17, 2019 36 Anglican–Old Catholic Relations 36 Appendix 1 – Communiqués 37 Appendix 2 45 Willibrord Declaration 2017 45 Endnotes 47 3 Zurich 2015 Ghent 2016 Preface by the Co-Chairs To the Anglican Consultative Council (ACC) and the International Bishops’ Conference of Old Catholic Churches (IBC).
    [Show full text]
  • Time for Reflection
    All-Party Parliamentary Humanist Group TIME FOR REFLECTION A REPORT OF THE ALL-PARTY PARLIAMENTARY HUMANIST GROUP ON RELIGION OR BELIEF IN THE UK PARLIAMENT The All-Party Parliamentary Humanist Group acts to bring together non-religious MPs and peers to discuss matters of shared interests. More details of the group can be found at https://publications.parliament.uk/pa/cm/cmallparty/190508/humanist.htm. This report was written by Cordelia Tucker O’Sullivan with assistance from Richy Thompson and David Pollock, both of Humanists UK. Layout and design by Laura Reid. This is not an official publication of the House of Commons or the House of Lords. It has not been approved by either House or its committees. All-Party Groups are informal groups of Members of both Houses with a common interest in particular issues. The views expressed in this report are those of the Group. © All-Party Parliamentary Humanist Group, 2019-20. TIME FOR REFLECTION CONTENTS FOREWORD 4 INTRODUCTION 6 Recommendations 7 THE CHAPLAIN TO THE SPEAKER OF THE HOUSE OF COMMONS 8 BISHOPS IN THE HOUSE OF LORDS 10 Cost of the Lords Spiritual 12 Retired Lords Spiritual 12 Other religious leaders in the Lords 12 Influence of the bishops on the outcome of votes 13 Arguments made for retaining the Lords Spiritual 14 Arguments against retaining the Lords Spiritual 15 House of Lords reform proposals 15 PRAYERS IN PARLIAMENT 18 PARLIAMENT’S ROLE IN GOVERNING THE CHURCH OF ENGLAND 20 Parliamentary oversight of the Church Commissioners 21 ANNEX 1: FORMER LORDS SPIRITUAL IN THE HOUSE OF LORDS 22 ANNEX 2: THE INFLUENCE OF LORDS SPIRITUAL ON THE OUTCOME OF VOTES IN THE HOUSE OF LORDS 24 Votes decided by the Lords Spiritual 24 Votes decided by current and former bishops 28 3 All-Party Parliamentary Humanist Group FOREWORD The UK is more diverse than ever before.
    [Show full text]
  • Rt Hon Boris Johnson MP 10 Downing Street London SW1A 2AA 1 June
    Rt Hon Boris Johnson MP 10 Downing Street London SW1A 2AA 1 June 2020 Dear Prime Minister, Please accept our support during these unprecedented times. As with all UK businesses, we are committed to ensuring that all possible efforts are made to save lives and tackle the current health crisis and resulting economic downturn. With the UK facing major economic and social concerns including the risk of high unemployment and rising regional inequality, we believe that an ambitious low carbon growth and environmental improvement agenda can do a lot to address these concerns, as well as make the UK economy better prepared to deal with future shocks such as those related to climate change. We are therefore writing to ask that the economic recovery plans you are developing align with the UK’s wider goals and deliver a clean, just recovery, that creates quality employment and builds a more sustainable, inclusive and resilient UK economy for the future. A wide range of input, from academic experts to city leaders to official advice, has shown measures that cut greenhouse gas emissions and stimulate the economy have the potential to be more effective in supporting jobs and economic growth whilst also supporting our long term climate goals and delivering better outcomes in other key areas of public interest, such as public health and wellbeing. In addition, investments in industries and projects such as building renovation, offshore wind, electric vehicles, environmental improvements and low carbon industrial clusters have the potential to bring investment and job creation across multiple regions of the UK. As businesses and business groups operating in the UK, we reaffirm our commitment to action on climate change and our determination to create a cleaner, competitive and inclusive UK economy.
    [Show full text]
  • By the Rev Dr Liz Hoare Thespiritualdirector
    THE CHURCHOF ENGLAND JJohn: Man Newspaper 16.10.15 with a £1.50 No: 6301 mission,p9 AVAILABLE ON NEWSSTAND AFTERArcLAUNCHINGhbisachoampaignp crteationarofganeew marketts sectorp.IrfyiouceThecArchbishopomsaidpthatartherieissaorenquirementsweandbregulatorssitbreeathings against payday lenders, the Archbishop legislate, you can’t get around effective place for short-term, easily accessible heavily down their neck. “This is much of Canterburythis week turned his competition.” loans, but on morereasonable terms. moreselective, intelligent regulation, not attention to price comparison websites. The Archbishop said his Wonga com- “Regulation doesn’t solve anything,” just blanket regulation.” Although theyclaim to save con- ment was influential, not because of his he argued but said thereisacase for fair The Archbishop’s active role in help- sumers moneythe Most Rev Justin background in financial acumen, ‘but an business based on a‘carrotand stick’ ing consumer finance culminates in the Welby said it was time that they were accidental comment that pushed the method. winding down of his local credit union ‘genuinely fair’. right button at the right moment’. “The carrothas to be that better cul- finance task group, chaired by Sir Hector Concerns have grown because the “It’s had quite abig effect,” he said. tureand behaviour should lead to less Sants this December. deals offered on the sites aresuspected The Archbishop referredtoaninter- onerous regulation and capital require- The Archbishop describes local com- of being influenced by the providers. The view he gave as the Bishop of Durham, ment, because if you’rebehaving better munity as the biggest loss in the last half Archbishop said that if they werenot wherehecriticised payday lending, you should be considered lower risk.
    [Show full text]
  • An Address by Rt Revd Roger Morris Bishop of Colchester
    Colchester Deanery Synod: Address by Rt Revd Roger Morris, Bishop of Colchester 1st December 2020 James Lovell, Fred Haise and Jack Swigert may be names that ring a bell with some of you But you will all have heard Jack Swigert’s chilling communication to Mission Control Houston – we’ve had a problem On board Apollo 13, things were not looking good An explosion in one of the oxygen tanks had ripped off one whole side of the space craft –they were losing oxygen fast and they had no power. They could not fulfil their mission They could barely communicate with the people on earth They had very little with which to sustain life It looked as though they were going to perish. Houston – we’ve had a problem I guess – if I am being really honest that is what we have been saying for about the last 5 years or so Now I say that – not to do us down but to recognise some of the factors at work Basically – it has pretty much always cost more to be the Church of England in Essex and East London than we get in We have always been subsidised. And part of that reflects our history There simply have not been the numbers of churchgoers in Essex to properly sustain a large Christian enterprise I know our Christian heritage goes a long way back we have a church by the Police Station that is 1700 years old and my predecessor as Bishop of Colchester (Bishop Adelphius of Camulodunum) was at the Council of Arles in 314 We have St Cedd and his great missionary endeavour but Essex has remained – on the whole pretty indifferent to the church So we have needed help
    [Show full text]
  • What Can I Find in the Church of England Record Centre? I
    What can I find in the Church of England Record Centre? i. Overview The Church of England Record Centre (CERC) came into operation in 1989, and consists of the former archives of the Church Commissioners, the General Synod and its predecessors, the National Society for Promoting Religious Education, and a few smaller collections relating to the administration of the Church of England. Its main function is to support the central administration of the Church of England by providing a records management and deeds registry service to the National Church Institutions, including the Archbishops' Council, the Church Commissioners, the General Synod and the National Society. An additional purpose of this service is to provide public access to these segments of the Church’s history, to act as an advisory point for general enquires and to assist with church history. However, the collections available are not exhaustive and should be studied in conjunction with the collections held by Lambeth Palace Library, London Metropolitan Archives and other local archives. ii. Contact Details Address 15 Galleywall Road Bermondsey London SE16 3PB Telephone: (020) 78981030 Fax: (020) 7394 7014 Email: [email protected] Website: www.cofe.anglican.org Open: CERC is not open to the general public. You will need to order material in advance to be sent to Lambeth Palace Library (see ‘Access’ for more details). Map from http://getamap.ordancesurvey.co.uk iii. Access Access to collections is usually through the Reading Room at Lambeth Palace Library. The records, including files and deeds, can be made available for public viewing at Lambeth Palace Library between 10am and 5pm, Monday to Friday.
    [Show full text]
  • Our Approach to Engagement with Companies
    Our approach to engagement with companies Applying our Ethical Investment Policies and Stewardship Responsibilities Supporting Ethical Investment The Church Commissioners and Pensions Board aim to Stewardship is matched be at the forefront of responsible and ethical investment. The timeline below outlines key by ethical and responsible dates and interventions by the Our coordinated approach to The Church of England offers Both funds operate within their respective charitable and pension fund legal Church of England National frameworks. They owe certain fiduciary and other duties to their beneficiaries and investment practices Investing Bodies on the issue seek to meet these through a distinctly Christian and Anglican approach to investment. which reflect and support of climate change, including policy, engagement, voting “a Christian presence in every policies, associated investments, The Ethical Investment Advisory Group (EIAG) supports this approach, providing the Church’s wider interventions/engagement and and screening, as well as our community”, and this includes the advice to the Trustee Committees of the Commissioners and Pensions Board. responsibilities to society other significant events. The Church Commissioners and Pensions Board are also signatories to the United and the common good. willingness to partner with others investment community. The Pensions Nations Principles for Responsible Investment, and the UK Stewardship Code – which encourages institutional investors to act as good stewards of their equity Justin Welby, Church activities to achieve positive change, helps Board is pleased to not only adopt investments through active ownership, including monitoring, engaging and voting. Archbishop of Canterbury and interventions us realise our ambition to be robust ethical investment policies, Key Third Party activities at the forefront of ethical and but also to see real action through Key events related to responsible investment.
    [Show full text]