Ethical Investment is what the Church needs urgently, Kenyan context
Curtains closed today, 30th June 2021 on an ethical investment virtual workshop organised by CORAT Africa in collaboration with Globethics.net East Africa regional office. The three-day workshop started on Monday 28th June and ended on Wednesday 30th June 2021. Globethics.net who have great interest in ethical Investment in the world, contracted CORAT Africa, Kenya, to conduct an in country study on key project activities in order to implement the African Church Assets Programme fourth phase (ACAP IV). The overall goal of the programme is to strengthen the African churches and stakeholders in the East Africa region to contribute to the development of local policy and/or regulations in ethical investment with local standard setting.
Several scholars trace the concept of ethical investments to Quakers and the Methodists in the 17th and 18th centuries. In these and other churches, specific guidelines were established as standards for making ethical decisions. To apply any specific criteria to understand ethical investment, it is necessary to refer to the definition provided by the ACAP Guide.
The virtual workshop was attended by 42 participants from eight countries (Kenya, Ghana, Switzerland, Nigeria, Zambia, Ethiopia, DR Congo and Rwanda) who came together to validate the study findings and recommendations presented by CORAT Africa (Consultant). The partners for this programme are Bread for the World (donor), Globethics.net (implementer) and All Africa Conference of Churches (partner).
CORAT presented study findings and recommendations on key issues regarding national investment legislation and guidelines, reflection on ethical and human rights principles, Kenya civil society engagement on ethical investment and the role and potential of churches and church networks in ethical investment. It also highlighted some of the key ethical and human rights issues being faced by the Church. A joint communique was also released to address the churches in Africa and encourage them to deal with ethical issues, corruption, human rights abuses, and to implement the agreed recommendations in their context.
This was a great workshop on Ethical Investment to happen in Africa. One of the participants in the workshop expressed these sentiments as follows, "It was a great opportunity to participate in the workshop which was a learning moment for me. I appreciate the level that CORAT Africa prepared the Country Study Report. This was a wonderful study for the African Church."