UCF, alongside shareholder advocacy group, As You Sow, co-filed a shareholder resolution asking for more data on the effectiveness of American Express’s diversity and inclusion program. A strong 60% majority of shareholders voted in favor of the resolution at the recent annual general meeting.
The United Church of Christ has a long and commendable legacy of turning to faith values to guide its economic practices. This legacy also guides UCF’s work in managing the assets of churches and faith-based institutions. View and download an infographic that shows the evolution of responsible investing in the UCC.
At UCF, we are constantly communicating with and evaluating the investment managers we utilize within our funds, and we have made some significant change in the first half of 2020. We have eliminated Fiduciary Management and added Nuveen’s Core Impact Bond Strategy to our Fixed Income Fund.
Matthew Illian joins United Church Funds in August 2020 as Director of Responsible Investing, bringing in broad experience in capital markets, personal financial advising and impact investing. We spent time with Matthew to learn how he started in the responsible investing field, the evolvement of responsible investing, his view on racial justice investing and what his family is passionate about.
UCF announced that Brown Endowment grants of over $100,000 has been awarded so far this year to 13 United UCC conferences to help them implement support programs and leadership development for authorized ministers who are addressing and responding to the crisis and trauma caused by the COVID-19 pandemic and protests for racial justice.