Scottish churches and aid groups want 'just banking'

By staff writers
March 4, 2010

Church and fair finance groups are due to meet in Edinburgh to look at what ethical and socially responsible banking and investment can mean for churches and the wider community.

The Church of Scotland's Church and Society Council and the Ecumenical Council for Corporate Responsibility (ECCR) are jointly organising the 'Banking on Justice' conference on Thursday 18 March 2010, at St George’s West Church in the Scottish capital.

Christian Aid Scotland, the Co-operative Bank, Triodos Bank, the Ethical Property Company and ethical investment specialists EIRIS will also be involved in the gathering.

The conference aims to tackle issues of justice in global finance and how churches and organisations can invest for a fairer future using ethically socially responsible models of finance and investment.

The Rev Ian Galloway, Convener of the Kirk’s Church and Society Council, commented: “Communities of faith need to consider the social and environmental impacts of our financial system. The Banking on Justice Conference has been set up because all too often the operation of global finance harms the poorest people and the poorest countries."

"We need to develop forms of banking and investment that lead to fairer and more sustainable outcomes," said Galloway.

Miles Litvinoff, Ecumenical Council for Corporate Responsibility co-ordinator, added: “Socially responsible investment and ethical banking can help raise standards of corporate responsibility. This conference will bring together experts on the practicalities of making money work for good to help churches and others make the change.”

'Banking on Justice: Churches investing for a fairer future' takes place on Thursday 18 March 2010, from 10.00 - 14.30, at St George’s West Church, Shandwick Place, Edinburgh, Scotland.

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