Ethical Finance 2019 | Archbishop of Canterbury – Video Address

Can money be morally neutral? Archbishop of Canterbury Justin Welby, head of the Church of England, says that it cannot be, as he offers his support for Ethical Finance 2019 in this video address to the conference. He argues that the investment community must do more to fight the climate emergency, and discusses the successes the Church of England has had in engaging with its portfolio on these issues, concluding that “passive stewardship is the answer for no-one” and calling on attendees to use their seat at the table to vote determinedly in support of the Paris Agreement.

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Ethical Finance 2019 (EF2019) was organised by the Global Ethical Finance Initiative (GEFI) which oversees, organises and coordinates a series of programmes to promote finance for positive change.

With the Bank of England recognising climate change as a core financial risk, the proliferation of the UN SDGs and the ongoing dichotomy for asset managers wrestling with the social impact versus economic return conundrum; the financial system is undergoing material transformational challenge.

Together with UNDP and the Scottish Government, GEFI brought 350 of the world’s foremost business, political, civic and social leaders to Edinburgh on the 8th & 9th of October 2019 to network, share, co-develop and shape a fairer, more sustainable financial system capable of delivering positive change.

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