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News Releases
What the press have said about 3iG
There's more than money at stake by Simon Rocker,
Jewish Chronicle
Religions pray at the altar of pristine profit by Alan Beattie, Financial Times
Using God's wealth by Jason Nissé and
Cole Moreton, Independent on Sunday
How to do business for good by Paul Vallely,
Church Times
Spiritual capital across the divide (lead editorial) by Martin Wright, Green Futures Magazine
There's more than money at
stake
"Few of us own an ox these days, let alone one with a violent disposition.
So the verses in the Torah advising us what to do should we
possess a goring ox probably don't command a great deal of our attention
on an everyday basis. But this passage of the Torah contains
an important principle with much wider application. The principle is that we
are
all responsible for what we own — and thus we are liable
for making good any damage that might be caused by anything
under our
ownership. This crucial point is emphasised by Rabbi Dr Daniel
Sperber, who is a distinguished Torah scholar at Israel's Bar-Ilan
University."
From "There’s more than money at
stake" by
Simon Rocker. Jewish Chronicle, April 22 2005 Read full article
Religions pray at the altar of pristine profit
"The search for pristine profit is seeking a new and potentially colossal
convert: the world's religions… Their aim is to formalise
their current ad-hoc collection of socially responsible investment
policies
under the aegis of a new organisation, the International
Interfaith Investment Group, contracted to 3iG. The potential
shift is massive:
the plan envisages religions not only changing their own
investment behaviour but encouraging their followers to do
likewise."
From "Religions pray at the altar of pristine profit" by
Alan Beattie. Financial Times, June 19 2002
Using God's wealth
"A group of 23 religious organisations, with access to assets worth
$7,000 billion (£4,400bn) are joining forces to launch an
ethical investment strategy, putting their money where their consciences
are…The total sum available for ethical investment could
be $20,000 bn, more than the value of all companies listed on the
New
York Stock Exchange and Nasdaq combined."
From "Using God's Wealth" by Jason Nissé and
Cole Moreton. The Independent on Sunday, November 17 2002. Business
Section,
page 1
How to do business for good
"Was this pie in the sky – or in the heavens at any rate? The
big beasts of the commercial banking world didn't think so. "We
can tell you how many shares you'd need in any particular firm
before they'd be forced to take notice of you," said the man
from the biggest bank who could sense that here was something that
would be
good for his bank balance as well as his soul. This was a world
away from the old days when church activists simply boycotted companies
of which they didn't approve. When big money goes into a company,
it must take notice of the moral agenda of such a large shareholder.
In the United States, the Churches (through ICCR) are increasingly
urging firms to look to a "triple bottom line" in which "people,
planet, profit" is the slogan."
From "How to do business for good" by
Paul Vallely. Church Times, November 22 2002, page 1 Read full article
Spiritual capital across the divide
"For the believers, trashing God's creation is a sin; for the pragmatists
destroying the life-support system on which we all depend is criminally
unwise. Different spurs, same result. Blessed are the poor, and
blessed are the resources on which they depend. Ah yes, resources. The main
faiths control investments amounting to about 10 per cent of the
world's equities. That gives them a mighty lever for change, and
it's one which they are just beginning to wield. An "interfaith
investment group" is poised to shift $7 trillion into ethical
and environmental funds. Seven trillion dollars. It gives a whole
meaning to spiritual capital. Did somebody mention the bottom line?"
From the lead editorial article by Martin
Wright in Green Futures Magazine, March/April 2003 Read full article
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