Money is
not neutral, it can be invested for ethical as well as for non-ethical purposes.
The German Commission for Justice and Peace in different contexts has called
for ethical investments which do some good and avoid evil.
The
motivation for this were Exposure and Dialogue Programmes on microfinance
institutions and on investments in microfinance programmes as well as studies
on “banks for the poor”. Together with the Central Committee of German
Catholics (ZdK), the Justice and Peace Commission has contributed to a manual
for private and church investors on “ethical investment”.
In a
discussion on 23 January 2013 about ethical
investment in the Catholic Church – current status/new perspectives – experts
talked, among other things, about possibilities to bundle active securities
holdings within the church.
The group
of experts on World Economy and Social
Ethics carried out the study “Changing the world through investment? An aid
to orientation on ethically-related investment“. It emphasizes the importance
of active securities holdings in order to achieve a change in business practice
towards more responsibility for compliance with social standards along the
value chain.
Central Committee of German Catholics
Study of the Group of Experts