A group of charities and faith groups claimed that they need specific legal guidance on whether charities should invest in companies that contribute to climate change. The charity groups want law governing their investment to ensure they are ethically sound and do not contribute to climate change. Currently, public opinion is changing with growing awareness about the dangers of climate change. However, the case law on the issue is outdated and there is no regulatory requirement in Britain for them to have a responsible investment policy. These investments seek to look beyond industries and consider the wider environmental and social impact of their investments.
