# Charities launch socially responsible pension funds

- Link: https://fundraising.co.uk/2001/01/08/charities-launch-socially-responsible-pension-funds/
- Published: 2001-01-08T00:00:00+00:00
- Author: Howard Lake

Oxfam and Christian Aid have announced that they are transferring their pension 
funds out of arms, nuclear and tobacco firm investments.
Oxfam and Christian Aid
have announced that they are transferring their pension funds out of arms, nuclear
and tobacco firm investments.

The joint fund will be worth £53m and is intended to reflect the charities’ ethical
concerns whilst adhering to legal requirements regarding maximisation of financial
return.

Other charities are expected to join the scheme.

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Read “Charities pull funds out of arms firms” by John Ezard at SocietyGuardian.

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