Charities and other interested parties are working together to develop the Charity Investment Governance Principles (CIGP), following a consultation that will inform best practice in decision-making around charity investments.
The formal consultation on the draft Charity Investment Governance Principles (CIGP), has now closed and work is underway to refine the principles ready for launch at the end of 2024.
The project explores best practice in decision-making around charity investments, drawing on the experiences of charities across England and Wales. Read the background.
When launched, the principles will be hosted on a website with opportunities for users to search based on their charity’s context, for example practice for ‘smaller’ or ‘larger’ charities, and whether practice is a 'must', 'recommend' or 'consider'.
The draft principles from the consultation and supporting documents can be found in English and Welsh:
Charity Investment Governance Principles (English)
Egwyddorion Llywodraethu Buddsoddiadau Elusennau (Cymraeg)
The consultation followed a series of focus groups with charities and other interested parties and was publicised via the project Steering Group. The group includes Charity Finance Group; Association of Charitable Foundations; National Council for Voluntary Organisations; Wales Council for Voluntary Action; and the Secretariat of the Charities Responsible Investment Network.
If you have any questions about the development of the CIGP, or any feedback, please email CIGP Project Consultant, Gail Cunningham.