This article summarizes the markets and our funds’ performance for the month of December 2019, provided by our Chief Investment Strategist David A. Klassen.
UCF today announced the launch of the Just World Fund, a fixed income impact fund that will enable churches and faith-based organizations to leverage their investable assets to address global economic justice, fair housing, human rights to water and nutrition, and solutions for environmental security.
UCF is proud to be a supporter of the Paris Pledge for Action (L’Appel de Paris), an initiative joining over 100 parties with more than US$ 10 trillion in assets under management sending a clear indication of a commitment to a transition to a low-carbon economy.
A resolution calling for all members of the UCC to support non-violent activism in the Israeli-occupied territories of Palestine passed at the 30th General Synod in Cleveland today.
UCF was one of only a handful of US co-filers on both the BP and Shell resolutions. The Aiming for A investor coalition urges fossil fuel companies to achieve the highest level of assessment by the Carbon Disclosure Project.
Katie McCloskey, UCF’s Director of Social Responsibility, joined other faith-based investors in an interview with Faith and Investing: Rediscovering the Soul of an Investment Revolution — the latest issue of Green Money.
UCF and the PBUCC have together invested $20 million in Green Bonds as part of the fixed income portfolio, furthering UCF’s commitment to a low-carbon economy.
UCF’s Investment Committee met in New York on June 16 to review the portfolio’s performance and discuss the development of two new fund options for investors.
Focusing on divestment doesn’t tell the full story of the changes the Church has committed to accomplishing. This article outlines our commitment to a General Synod resolution related to fossil fuels.
UCF is proud to announce that General Synod 29 has voted with 72.5% to approve the resolution Urging Divestment — Along with Other Strategies — from Fossil Fuel Companies to Address Climate Change.