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News Archives
16 November 2006
Roderick
Munsters, CIO of ABP, has joins the Advisory Board
Roderick Munsters, Chief Investment Officer of ABP, has joined the Advisory
Board of 3iG. ABP is one of the world's largest pension funds, providing
services for employers and employees of the Dutch government and the
educational sector.
The members
of 3iG share with pension funds and foundations a long-term perspective
on investments. We are, therefore, committed to developing
close relationships with large pension funds and greatly welcome Roderick's
participation on the Advisory Board of 3iG.
Roderick Munsters is an internationally
renowned financial expert, who will assist the Board of Directors
of 3iG and its Secretary General in their efforts to forge new global
alliances and develop new products and services.
21 December 2005
Oikocredit hosts ecumenical seminar on church investments
The international development cooperative Oikocredit this month
hosted an ecumenical seminar in the Netherlands on the ethical
identity
of church investments, concluding that existing networks like 3iG
are the most efficient way of implementing necessary changes. At
the Soesterberg meeting, financial experts from the ecumenical
world agreed that transparency about church investment policies
was critical.
They also stated that there is a growing need to develop SRI guidelines
for churches of all denominations across the globe.
"Faith and economy can never be separated
from each other. Transparency is an expression of trust, honesty,
responsibility and accountability," said
Christoph Stückelberger, Director Institute for Theology and
Ethics, Zürich, Switzerland. "If pension funds disclose
their policies, should one not expect churches to do it?" asked
Ben Simmes, Oikocredit Director Membership and Investments. In
a press release from Oikocredit it was concluded that changes should
be implemented via existing networks like ICCR and 3iG instead
of
establishing new structures. Oikocredit is one of the founding
members of 3iG.
19 December 2005
3iG members to meet in Rome
The next board meeting for 3iG will take place in Rome, from March
28-30. The delegates will be guests of the Missionary
Oblates of Mary Immaculate, and in the spirit of 3iG they will also be
spending
part of the meeting as guests of other faith groups in Rome.
A full schedule and further details will be posted on this website
later.
7 October 2005
3iG members offered big discount on major ethical investment
conference
All of 3iG's faith and foundation members have been offered
a substantial discount on the cost of attending a major conference
on ethical
investment being held in Frankfurt from November 2-4.
The Triple Bottom Line Investing (TBLI) conference is offering
3iG's Faith and Foundation members enrolment for half the usual
price -
ie 647.50 Euros for the three days instead of E1295, or E297.50
instead of E595 for one day.
For the full programme, including a workshop on the subjects
of faith and investing on November 3, go to the TBLI
website.
To book
online
go to http://www.tbli.org/buynow.html.
And for your 3iG discount contact Robert Rubinstein on +31
2 042 86752 email: robert@tbli.org
19 April 2005
3iG launches with 27 founder members and partners
Twenty-seven organizations representing
members of seven world religions and an array of banks, philanthropies
and SRI organizations,
became
the founding members of 3iG. Full
story>>
24 June 2004
3iG to be launched in April 2005
The International Interfaith Investment Group (3iG), will
be launched as an independent organisation at a conference
to
take place in
April 2005, it was agreed at a meeting in London this
week.
This builds from a meeting in Istanbul in October 2003
hosted by His All Holiness Bartholomeos, the Ecumenical
Patriarch
of Constantinople,
when faith representatives put the finishing touches
to plans for launching 3iG.
The Interim Steering Group includes representatives of
Buddhist, Christian, Hindu, Islamic, Jain, Jewish, Muslim,
Sikh and
Zoroastrian investment and development funds as well
as observers from
the World Bank, Citigroup, Rabobank and several major
foundations from the
US and Europe. It has held regular meetings over the
past three years to prepare the groundwork for the launch
of
3iG.
Details of the event will be circulated soon.
19 June 2004
Church of Sweden to invest in sustainable forests in
Mozambique
Mozambique government representative Dr Elias Sotomane
holds a box made of FSC certified wood from 5 continents
and containing
a fragment
of the Basilica. The box, blessed by the Pope, has
been used around
the world to symbolise of the alliance between religions
and conservation.
The Church of Sweden is launching a major
new forestry investment project in Mozambique. The Diocese of
Västerås has already
committed US$1.3 million to the commercial ventures
of the innovative Global Solidarity Fund (GSF) in
Mozambique.
Over the next 20 years
(GSF) plans to reforest and responsibly manage 46,000
hectares in the Niassa province in Northern Mozambique – as
well as a further 45,000 hectares, which will be
set up as a
conservation area.
The project is a joint venture between the Diocese
of Västerås
(Church of Sweden) and its twin Diocese of Niassa
(Church of the Province of South Africa) in Mozambique,
supported
by the Alliance
of Religions and Conservation (ARC), the Government
of Mozambique, the Swedish
International Development Agency SIDA, and the Ford
Foundation.
An estimated US $32 million is required
in investment capital for the first ten years. A five per cent
annual return
will be expected
after year five, expanding to 20 per cent after year
18, when mature teak and eucalyptus wood will begin
to be available.
Find out more>>
24 October 2003

The Interim Steering Group
3iG steering group as guests of His All Holiness Bartholomeos, the Ecumenical
Patriarch of Constantinople
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Religions should teach about money too: Patriarch
urges
The Ecumenical Patriarch
urges us all to use all our resources as forces
for good... and that
includes
our
money: "After
all we are stewards too, of our financial resources." Full
story>>
17 October 2003
International Interfaith Investment in Istanbul
Investors from eight religions will meet
in Istanbul next week to give new meaning to the term "good
investment". Full
story>>
25 November 2002
Religions to challenge the definition
of "good" investments
At a unique meeting held in New York, representatives
of 22 major international religious funds
agree to move towards
creating
an organisation to mobilise a proportion
of the enormous financial resources of some
of the major faiths, in a way that is consistent
with their core
values. Full story>>
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