So, if money is as toxic as these quotes might suggest, what is “Good Money Week” all about? Many of us will have money in savings, pensions and ISAs. Taking ethical considerations into account when making investment and financial decisions, and encouraging individuals and organisations in our community to do so as well, are ways in which we can have a practical and positive effect.
Everyday decisions, such as the food we buy, the transport we take and the financial products we choose, have an environmental and social consequence. Not only how we spend our money, but also how we invest it, can positively support social and environmental causes.
Good Money Week (GMW), which takes place in October each year, aims to encourage everyone to consider ethical options for their savings, investments and other financial products.
The SRT drew together a very impressive array of contributors to the event that they organised to mark GMW. This free half day conference, which was generously sponsored by Ecclesiastical, took place on Saturday Oct. 4th in St George’s Tron Church in Glasgow. Speakers from across the spectrum of investment options helped participants to consider the issues around the subject. As Sally Foster- Fulton, Convener of the Church and Society Council, put it, “We need to realise that ethical investment isn’t just about the Rockefellers, who have millions to invest. We can all make a difference with our money.”
If your church is interested in getting involved in GMW, there are resources to download on their website: http://goodmoneyweek.com/resources. In addition, the Ecumenical Council for Corporate Responsibility (ECCR) is looking for churches to join their “Ethical Money Churches” initiative: for more information please see http://www.ethicalmoneychurches.org/