2014 Annual Report

United Church Funds 2014 Annual Report.

UCF co-files successful BP & Shell shareholder resolutions

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.

UCF in Green Money Icon Interview Series

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.

2014: A Year of Simplicity

The following is a market insight provided by David Klassen, Chief Investment Strategist.

UCF invests in Green Bonds

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.

Investment Committee meets

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.

Monitoring political spending no longer a priority for SEC

Despite longstanding pressure from shareholders for public companies to disclose political spending, the SEC recently removed a plan to consider the rule from its agenda. 

Protecting portfolios against higher interest rates

Andrew Russell, Head of Fixed Income Investments provided his insight on protecting portfolio against higher interest rates.

Clarifying the fossil fuels resolution

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.