Ethical Investment Policy

Ethical Investment

USPG seeks to invest all its reserves ethically and to be an effective steward of the generous benefactions of others. The overwhelming proportion of its investments (> 95%) is invested with CCLA (Churches, Charities and Local Authorities) and is an organisation that invests funds on behalf of these three sectors (, within its COIF Charity Investment Fund, the CBF Charities Property Fund and the CBF Investment Fund. CCLA’s investments are fully aligned with the policy and principles of the Church of England’s Ethical investment Advisory Group.


The Trustees are committed to an active engagement with their investors CCLA, reviewing their approach to investments regularly.