EARTHKEEPING NEWS A NEWSLETTER OF THE NORTH AMERICAN COALITION FOR CHRISTIANITY AND ECOLOGY Volume Seven, Number Five July/August 1998 CONGREGATION USES INVESTMENT SCREENS St. Paul's-on-the-Hill, a small Episcopal church in St. Paul, Minnesota, is investing a substantial portion of a recent gift in a socially responsible fund. The income is to be used only for the outreach mission of the church. A congregational survey, asking what positive and negative screens should guide the church's investment policy, revealed strong support for companies that support human rights, avoid worker exploitation, and use "sustainable resources." A small fraction thought the church should avoid investment in nuclear power, coal production and petro-chemicals. From St. Paul's Investment Committee, 1524 Summit Ave., St. Paul MN 55105; 612/698-0371. There are over 100 socially responsible investment funds (SRIs). In addition to the return on investment, most funds evaluate a company's performance in the areas of community, environment, employee relations and diversity. For more information write the Social Investment Forum, 1612 K St. NW, #650, Washington DC 20006; 202/ 872-5319; www.socialinvest.org. Home     Table of Contents