Plater Trust’s Ethical Investment Policy

The Trust’s Ethical Policy

The Trustees agreed to the following revised policy at their meeting on 18th January 2018:

The Trustees’ investment objectives are:

  • to maintain and enhance the real value of the Fund over the medium and long term,
  • to produce an annual income to fund its activities, primarily in awarding grants in line with the Trust’s overall purpose,
  • for the portfolio to be managed so that they become shareholders only of companies which uphold ethical standards consistent with the Trust,
  • to be an active shareholder, engaging with companies on issues of ethical concern,
  • to avoid any investments which may damage the reputation of the Plater Trust or the Catholic Church.

The Trustees require their investment manager(s) to avoid companies which are significantly involved in:

  • the production of armaments,
  • the production of tobacco products,
  • the production of abortion and birth control products,
  • gambling (particularly involving high stakes machines)
  • Pornography

The Trustees will join other Christian bodies to engage on matters such as environmental impact, modern day slavery and the living wage which may affect the long-term value of its shareholding and/or impact on the values of the Trust.

The Trustees will require their investment managers to manage the Trust’s portfolio in line with this ethical policy.

 

 

 

 

 

 

 

Finance/Ethical Investment Policy/2018-01-18 Plater Trust refreshed ethical policy